Clarification on request for oil to be declared “waste”

A correction to our story about Oklahoma Corporation Commissioners considering the requests to declare oil a “waste” and allow more widespread shut-ins of crude oil wells in the state.

Devon Energy was one of those firms that opposed the request of the Oklahoma Energy Producers Alliance but it took no stand on the similar request made by Tulsa-based LPD Energy.

We originally reported that Devon opposed the LPD Energy request.

Regulators heard testimony for 5 hours no the two requests and decided to take both under advisements.