October 2017 archive

Democrats Want Inspector General to Probe Scott Pruitt’s Spending

EPA Administrator Scott Pruitt’s spending and travel costs have the attention of two senior House Transportation Democrats who want the Agency’s inspector general to carry out a probe. It’s what Representatives Peter DeFazio and Grace Napolitano asked in a letter this week to the inspector general. “This culture, which is reflected in travel and lifestyle …

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Another Sen. Inhofe Link to Latest EPA Nomination

A former staffer for Oklahoma U.S. Sen. Jim Inhofe has been nominated by President Trump to become a Deputy Administrator of the Environmental Protection Agency. If Andrew Wheeler is confirmed, he would be a right-hand man to Scott Pruitt, the former Oklahoma Attorney General who became the EPA Administrator earlier in the year. At one …

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Rep. Inman Claims a Budget Agreement is Reached Including a 5% Gross Production Tax on Oil and Gas

Democrats in the Oklahoma House reportedly got part of their wish to raise the gross production tax on oil and gas and also eliminate a sales tax exemption for the wind industry. But Gov. Mary Fallin denies it and said so in a late Thursday afternoon announcement. “Let me just start out by stating bluntly—-there …

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WTI Settles Below $50 a Barrel on Wednesday

It was a bumpy ride on Wednesday as oil futures continued on a downward spiral despite a larger-than-expected weekly drop in domestic crude supplies, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude shed 44 cents, or 0.9%, to settle at $49.98 a barrel. Prices settled below $50 a barrel …

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Permits to Drill October 5, 2017

  Canadian County HARRY #1408 1H-6X, October 04 2017 06 14N 8W NWNENENE API: 01725081 Lat: 35.72452109536505, Long: -98.08482448513831 NEWFIELD EXPLORATION MID-CON INC HH, DR, 20256 ft, MISSISSIPPI SOLID(9520) Carter County BOYD #1-30, October 04 2017 30 5S 2W E2W2NENE API: 01926192 Lat: 34.098367554525844, Long: -97.44264584420469 YALE OIL ASSOCIATION INC SH, RC, 12201 ft, WOODFORD(10030), HUNTON(10264) Custer …

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High Costs and Investor Pressure Slow Permian Basin Excitement

A study confirms that rising production costs as well as high prices for leases have led to a slowdown in the Permian Basin in Texas and New Mexico. Writing this week, the Houston Chronicle found that while drillers spent $35 billion in West Texas over 9 months ending in the spring, the collective value of …

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Oklahoma’s Vertical and Horizontal Drilling Fight Gets National Attention

  The story of vertical well drillers fighting Oklahoma’s larger horizontal well operations is getting some national play as Bloomberg News reported on the battle this week. Bloomberg told the story of one Oklahoma independent operator whose old vertical wells have been harmed by horizontal drilling. The news service also briefly revisited the OK Energy …

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Viking Energy Makes Another Buy in Shallow Well Country of Eastern Kansas

New York based Viking Energy Group has bought more oil and gas leases of shallow-well opportunities in eastern Kansas. It’s the second purchase in the past month. Using a wholly-owned subsidiary, Mid-Con Drilling LLC, the company acquired a 100% working interest ni six new oil and gas leases in Miami and Franklin Counties. The wells …

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Energy Issues Discussed During Kansas Governor’s Secret Trip to Israel

Reporters are just learning about an unpublicized eight-day trade mission to Israel taken by Kansas Gov. Sam Brownback in late August and early September where he discussed energy business with the country. His meeting, according to the Hutchinson News included a lengthy meeting with Israel’s Prime Minister Benjamin Netanyahu. The paper reported the Kansas Commerce …

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Growing Scrutiny of Scott Pruitt’s EPA Travel Costs

While some don’t see Scott Pruitt’s EPA travel costs as scandalous as former Health and Human Services Secretary Tom Price’s were, Pruitt’s critics aren’t letting up in examining how the former Oklahoma Attorney General is running the Environmental Protection Agency. Here is how Politico’s Morning Energy Report described the latest events that have Pruitt under …

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