September 22, 2017 archive

Widow Settles Federal Lawsuit Over Oilfield Workers Death in Oklahoma

The wrongful death lawsuit against XTO and Exxon Mobil in Oklahoma City federal court was settled on Thursday.  But terms of the agreement in the suit brought by the widow of an oilfield worker who died while tank gauging near Ardmore in 2014 were not disclosed. “The parties have reached a confidential settlement without XTO …

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Hamm Slams EIA for “Exaggerated’ Oil Production Prediction

Oklahoma oil billionaire Harold Hamm isn’t afraid to say it…he thinks the government’s optimistic predictions of more than 1 million new barrels of oil a day in the U.S. production is “distorting” global crude prices. It’s what he told Bloomberg News, saying  the prediction this week by the U.S. Energy Information Administration is “just flat …

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Kansas Regulators Allow Utilities to Set Rates for Self-Produced Energy in Homes

Kansans who rely on self-generated electricity from wind and solar energy aren’t happy over a Kansas Corporation Commission ruling this week. The KCC issued an order detailing how utility companies can charge customers for what is known in the industry as “distributed generation,” meaning those customers who self-produce energy in small amounts according to a …

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Victim’s Family Wins Appeals in Negligence Suit

A Texas appeals court has reversed a lower court ruling that said National Oilwell Varco and an independent trucking company were not responsible for a fatal car crash that occurred when the vehicle slid on oil mud covering a highway. Varco had employed Big Red trucking to haul mud from a drill site near Flatonia, …

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Groups Sue Feds Over Burying Beetle in Oklahoma

Energy and some non-profit groups have filed suit in Muskogee federal court against the federal government for failing to remove the American burying beetle from the endangered species list. The lawsuit filed Thursday was in the U.S. Eastern District Court against the U.S. Fish and Wildlife Service against the Department of the Interior, Interior Secretary …

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Denver Federal Appeals Court Tosses Challenge to Fracking Rules

The Denver federal appeals court has decided it will not rule on a legal challenge by energy groups to tougher fracking regulations on federal and Native American land created in the Obama administration. The U.S. 10th Circuit decided there won’t be a ruling because President Trump issued an executive order rescinding the rules adopted in …

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Tall Oak Midstream III Will Build Natural Gas Gathering System in Oklahoma’s East STACK

Oklahoma City-based Tall Oak Midstream III, LLC will construct a natural gas gathering system in southeast Oklahoma’s East STACK play, according to a company press release issued on Thursday. The system is expected to come into service before the end of 2017. Producers working in the East STACK are developing multiple stacked pay zones, including …

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WTI Remains Above $50 a Barrel on Thursday Despite Some Settlement Erosion

Domestic crude oil prices fell slightly lower on Thursday but managed to settle above $50 a barrel as traders anticipated OPEC’s continuation of the production agreement to remain in place, according to Bloomberg MarketWatch. November West Texas Intermediate crude dropped 14 cents, or 0.3%, to settle at $50.55 a barrel on the New York Mercantile Exchange. …

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