2017 archive

New Mexico Rancher Wonders About Future Following Decision on Methane Emissions Rule

A rancher in northwest New Mexico is preparing to resume his battle against methane gas being released by thousands of wells in the San Juan basin. Don Schreiber was one of those who fought for the emissions rule that the Obama administration adopted but the Trump administration is in the process of eliminating. He told …

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GE and Baker Hughes Merger——a Done Deal

It’s a done deal….the merger of Baker Hughes Inc. in Houston with General electric Co.’s GE Oil and Gas. The merger was finalized this week, a move that created the world’s second-largest company in the industry. It’s called a merger, but technically GE acquired Baker Hughes and the new company has an estimated value of …

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First Earthquake Lawsuit From Prague Quake is Settled with One Firm

Several years after Sandra Ladra of Prague sued two oil and gas companies blaming them for causing the 2011 lawsuit that injured her, she has reached settlement with one of the firms. But no settlement amount has been announced. Records obtained by Scott Mitchell of Mitchell and Associates from Lincoln County District court show Ladra …

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Oklahoma Still Has Some of the Cheapest Gas in the Country

Gasoline prices now average $1.97 a gallon in Oklahoma, the third lowest state in the nation according to new figures from AAA Oklahoma. However, the average is a penny higher than a week ago. Oklahoma is behind South Carolina where the average is $1.90 and Alabama where prices average $1.96 a gallon. Gasoline prices in …

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WTI, Brent Crude Edge Near $50 a Barrel on Monday

Oil prices continued to rise on Monday and posted a seventh-straight consecutive gain, according to Bloomberg MarketWatch. August West Texas Intermediate crude rose $1.03, or 2.2%, to settle at $47.07 a barrel on the New York Mercantile Exchange. September Brent crude, the global benchmark, tacked on 91 cents, or 1.9%, to end trading at $49.68 a …

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Mullin Breaks Pledge—-Will Seek a 4th Term Saying He Wants to Make a Difference

U.S. Rep. Markwayne Mullin announced July 4 he will forego his pledge to serve only six years in the U.S. House and seek a 4th term. The Republican who serves on the House Energy and Commerce Committee and three of its subcommittees and is a deputy Republican whip admits he made a mistake six years …

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Pawnee Nation Fights Government in Earthquake Lawsuit

    The Pawnee Nation is standing up to the U.S. Interior Department and hopes the U.S. District Court in Tulsa will allow the tribe’s lawsuit filed last year over oilfield jurisdiction and earthquakes will be allowed to move forward. In a recent filing, the Nation said the Interior Department was wrong to attempt to …

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Lankford Targets “Social Cost” of Climate Change Rules

Oklahoma U.S. Sen. James Lankford and West Virginia Rep. Evan Jenkins have introduced what they call the Transparency and Honesty in Energy Regulations Act. It is a bill to prohibit the federal government from using the flawed social cost of carbon, social cost of methane, social cost of nitrous oxide or the social cost of …

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Oil and Gas Group Hires First Field Representative

The first field representative for the Oklahoma Oil and Gas Association has been hired. He is Bray Haven whose responsibilities will be to focus on relations between the oil and gas industry and community leaders, especially in those areas where there is active development. And his main geographic area of emphasis will be covering the …

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New CEO Named at Tulsa Pipeline Inspection Company

Sand Springs-based Frontier Integrity Solutions, an oil and gas pipeline inspection company has announced the naming of Keyth Pengal as CEO. He and oil and gas industry veteran Bill Boyer have been added immediately to the company’s Board of Directors. Pengal has more than 25 years of operating experience and most recently was a Managing …

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