December 2019 archive

New Mexico gets serious about studying frack water

A newly-named Producer Water Research Consortium has wrapped up its public meetings and will begin research into the treatment and reuse of produced water in New Mexico. The consortium is a public-private partnership with New Mexico State University and held five meetings across the state, wrapping up last week. Mike Hightower, civil and environmental engineering …

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Oil and gas industry boosts tax revenues in Wyoming

The gross production tax on oil and gas in Oklahoma stumbled slightly in 2019 but in Wyoming, it remained strong as the state amassed more than $1 billion which was a 12 percent increase from 2018. The Casper Start Tribune reported the annual tax revenue report from the Wyoming Economic Analysis Division credited growth in …

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PSO gives $1.25 million grant for educational studies

Public Service Company of Oklahoma announced a $1.25 million grant from the American Electric Power Foundation that will provide funding to the Gathering Place for world-class learning opportunities to an estimated 75,000 students throughout the region over the next five years. The commitment from AEP Foundation will provide resources for transportation assistance, curriculum development and …

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Lankford’s latest Federal Fumbles report includes ‘shocking’ information about government waste

U.S. Sen. James Lankford is out with his fifth Federal Fumbles report detailing hundreds of billions of dollars in what he considers to be wasteful government spending including money spent on energy projects. “This volume of Federal Fumbles does not stop with our broken budget process,” he said in introduced the latest edition. “In fact, …

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Oilfield layoffs are growing in Texas

Layoffs are growing in the Permian Basin of West Texas as the region’s employment has dropped 400 in the first ten months of 2019. Bloomberg News calls it a “drag on jobs creation in the Lone Star state” and a “massive change” from the 16,700 jobs added through the same time period last year. The …

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Hamm throws support to GOP congressional candidate against Rep. Horn

Oklahoma oilman and billionaire Harold Hamm has come out early in his support of one of the Republicans he hopes will unseat first-term Democratic Representative Kendra Horn. Hamm sponsored a fundraiser scheduled for Tuesday in support of David Hill, the Edmond businessman who announced his candidacy in November for the 5th District U.S. House race. …

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Completion reports for December 2, 2019

Completion reports filed on December 2, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian (less Chester): Oil 91 Gas 11913 Water 645 Flow 3 14N 13W Debbie Fed 1413 7h-3x, March 29, 2019 HH, GAS, TD: 22948 ft Lat: 35.72451, Long: -98.57566 API: 35011241410000 ELLIS COUNTY Fourpoint Energy Llc Cleveland(8715): Oil 235 Gas 524 Water 916 Flow 30 19N 25W West Hog 30×31-19-25 1hb, January 14, …

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Permits to drill for December 2, 2019

Permits to drill issued for December 2, 2019. Canadian County SUMMER MOON 8-12N-8W #11MH, August 28 2019 17 12N 8W NWNENENW API: 01725512 Lat: 35.52168232507089, Long: -98.07203108186347 PALOMA OPERATING CO INC HH, AM, 16122 ft, MISSISSIPPI(10968) Canadian County FATBOY 29_32-12N-8W #4MHX, December 02 2019 29 12N 8W NENENWNE API: 01725565 Lat: 35.4927070829897, Long: -98.06592637767048 PALOMA OPERATING CO …

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Is Oklahoma’s economy still growing?

With a slight uptick in unemployment and a growing drop in oil and gas employment in Oklahoma, a question is being asked—Is Oklahoma’s economy still growing? The answer given by Chad Wilkerson, Vice President and Executive of the Oklahoma City branch of the Federal Reserve Bank is mixed. He spoke recently at an Oklahoma State Senate …

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Regulators to consider signing agendas on Tuesday

The Oklahoma Corporation Commission will hold a regular meeting Tuesday morning to handle a daily-signing agenda and a 24-hour signing agenda. Two of the issues on the 24-hour signing agenda include a request by Redwire Inc. to be recognized as an eligible telecommunications carrier in the state. The second item is a public hearing on …

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