May 2017 archive

NextEra Asks Texas Regulators to Reconsider Rejection of $18 billion Deal

The Texas Public Utility Commission is being asked by NextEra Energy to reconsider its rejection of the company’s nearly $18 billion deal to buy bankrupt Energy Future Holding Corp, majority owner of Oncor, the state’s largest power network. NextEra, a company fighting lawsuits against its windfarm developments in western Oklahoma made the request in a …

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Deadly Blast Could Lead States to Require Mapping of Pipelines

A natural gas explosion in a Colorado home that killed two people last month was widely discussed at a recent meeting of the Interstate Oil and Gas Compact Commission in Oklahoma City. That’s because it involved an abandoned pipeline. The blast happened in Firestone, Colorado where investigators determined an improperly severed pipe connected to an …

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Study Shows Tornado Disaster Aid is Growing Nationwide

While last year and so far this year, Oklahoma has not experienced many tornadoes, the rest of the nation has. And one report in the Philadelphia Inquirer suggests the nation has experienced a “stunning increase” in federal disaster declarations for tornadoes in the 21st Century. From 1953 to 1982, the Federal Emergency Management Agency issued …

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Guthrie Legislator Wages Fight Against Gasoline Tax Hike

Guthrie Rep. Jason Murphey makes it clear he will vote against any plan to increase gasoline taxes in the state. Writing in the McCarville Report this week, the Republican legislator said it is flawed logic to suggest gasoline taxes could be increase because the state already has one of the lowest such taxes in the …

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Pruitt’s Latest EPA Move Draws More Democratic Criticism

The EPA’s defending its move to dismiss a dozen members of the agency’s advisory board of scientists, saying Administrator Scott Pruitt wants more diversity on the board. That “diversity” includes the possibility of naming researchers from the industry the agency oversees. Members removed from the Board of Scientific Counselors had three-year terms that expired late …

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Cyberthreats to be Studied by U.S. Senate Committee

A U.S. Senate committee will explore cyberthreats in a Wednesday hearing in Washington. Cyberthreats aren’t just a worry at government agencies but also at all private industries, including energy. U.S. Sen. James Lankford’s a member of the Homeland Security and Governmental Affairs committee. It will be a full-committee hearing studying “Cyber Threats Facing America: An Overview …

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State Capitol Demonstrators Push for Gross Production Tax Increase

A small group of protesters visited the State Capitol on Monday challenging legislators to hike the gross production tax on oil and natural gas operations, according to a report by Aaron Brilbeck of News 9. The tax has become one of the most hotly contested items in this year’s budget negotiations, which are at a …

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OCC’s Anthony Pleads With House Committee to Reopen Bell Case, Listen to FBI Tapes

Longtime Oklahoma Corporation Commissioner Bob Anthony continued his efforts on Monday to breathe life into the refund case involving the 1989 Southwestern Bell bribery litigation. Commissioner Anthony urged the House General Government Oversight and Accountability Committee to pursue reopening the case which was recently dismissed by the same regulatory agency of which he is a …

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WTI and Brent Climb on Monday as Signs Point to Extension of OPEC Production Cut

Crude oil futures gained some ground and settled higher on Monday as producers remained confident that OPEC will extend its current agreement to curb production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June WTI crude, the U.S. benchmark, tacked on 21 cents, or 0.5%, to settle at $46.43 a barrel. On the London …

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Completion Reports May 9, 2017

  BEAVER COUNTY Latigo Oil And Gas Inc Chase: Gas 109 Water 3 Flow 3 3N 27E Sizelove 3-1, February 09, 2017 SH, GAS, TD: 3720 ft Lat: 36.75546, Long: -100.13493 API: 35007242150002 CREEK COUNTY Koby Oil Company Llc 1st Wilcox: Oil 3 Gas 20 Water 500 Pump Prue(2245): Oil 37 Gas 80 Water 5 …

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