March 20, 2020 archive

Reps. Cole and Horn self-quarantine after coronavirus exposure

News that Florida Congressman Mario Diaz-Balart tested positive for COVID-19 prompted Oklahoma U.S. Rep. Tom Cole to go into self-quarantine until March 27. And Rep. Kendra Horn is doing the same after contact with Utah Congressman Ben McAdams.   Cole explained he had been exposed to the coronavirus while visiting with Rep. Diaz-Balart. “On Wednesday …

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Judge throws out suit over forced pooling fight in Colorado

  A federal judge has ruled against a Colorado activist group’s lawsuit that challenged the constitutionality of a state law forcing property owners to allow the development of their oil and gas. U.S. district judge R. Brooke Jackson threw out the 2019 lawsuit filed by the Wildgrass Oil and Gas Committee formed in a subdivision …

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Senators want Commerce Secretary to investigate oil dumping by Russia and Saudi Arabia

U.S. Sen. Jim Inhofe (R-Okla.) led a letter to U.S. Secretary of Commerce Wilbur Ross urging him to investigate excessive dumping of oil by Russia and Saudi Arabia that has destabilized global oil markets. He was joined by Oklahoma U.S. Sen. James Lankford. Others who signed the letter were Sens. Roger Wicker (R-Miss.), Kevin Cramer …

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Gas company wins Federal Appeals court case in Colorado

  A Colorado natural gas producer prevailed Wednesday in an appeal over a class action settlement over royalty agreements, with the Tenth Circuit finding that jurisdiction existed despite an earlier, related state-court settlement. TEP Rocky Mountain LLC settled a lawsuit brought in 2006 in Colorado state court by class representatives Ivo Lindauer, Sidney Lindauer, Ruther …

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Wells are still being completed despite low prices

While oil prices are in the low 20s, oil and gas companies are still drilling and still completing wells in Oklahoma. The latest completion reports showed an amended filing by Marathon Oil Company on a Blaine County well with production of 1,862 barrels of oil a day and 3,410 Mcf of gas. The Hr. Potter …

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Rig counts fall in Oklahoma and most oil-producing states

The impact of the oil price war caused by Russia and Saudi Arabia as well as the coronvirus pandemic across the globe has resulted in more oil and gas drilling rigs being shut down, both in Oklahoma and across the rest of the U.S. As an oil glut develops and prices remain in the $20-$25 …

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