December 30, 2021 archive

Minor Earthquakes Swarm Grady County

A minor earthquake was recorded in Grady County on Wednesday night by the Oklahoma Geological Survey. The 1.8 magnitude earthquake was reported one mile south of Bridge Creek in central Oklahoma and was recorded at approximately 9:40 p.m. A quake that measured 2.8 magnitude was recorded nearly six miles east of Chickasha in Grady County …

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Texas Energy Company Faces Lawsuit Over Fatal Oil Storage Tank Explosion in Louisiana

Plano, Texas-based Urban Oil & Gas Group and its insurer were sued over a fatal oil storage tank that exploded in February. The surviving family members of 14-year-old Zalee Day-Smith filed the suit in Lake Charles, Louisiana federal court. The youth was allegedly sitting on the tank near her mother’s house in Ragley when it …

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William “Tex” Moncrief, Jr. Dies at 101

Legendary Texas oil wildcatter and philanthropist, William “Tex” Moncrief Jr., died Wednesday at the age of 101, according to numerous press reports. Coming from a family that had Oklahoma ties, Moncrief was a pioneer in the Fort Worth oil and gas industry. His father, Monty, was born and raised in Checotah, Oklahoma and worked as …

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Increase in Seismic Activity May Affect Permian Basin Oil & Gas Operations

The 4.5 magnitude earthquake that shook the Permian Basin on Monday night will likely increase regulatory pressure on regional energy producers to reduce or stop underground wastewater injections. The tremor occurred near Stanton. It was the third-largest quake in Texas. Regulators have associated areawide earthquakes to the disposal of wastewater, a byproduct of oil and …

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Daily Permit Report for December 29, 2021

DAILY PERMIT REPORT – DECEMBER 29, 2021 Canadian County WALTHER #1H-1-36, December 29 2021 01 10N 6W NWSWSWNE API: 01725750 Lat: 35.37094256038394, Long: -97.78554902646066 CITIZEN ENERGY III LLC MU, DR, 16600 ft, WOODFORD(9100) WALTHER #2H-1-36, December 29 2021 01 10N 6W NWSWSWNE API: 01725751 Lat: 35.3709920089833, Long: -97.78557921808539 CITIZEN ENERGY III LLC MU, DR, 16500 ft, WOODFORD(9100) …

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PSO and OCC Reach Agreement on Rate Hike Request

Following Tuesday’s hearing on a rate hike request by Public Service Company of Oklahoma, the utility company announced that it reached an approved settlement with the Oklahoma Corporation Commission regarding its rate review. Under the agreement, PSO will continue to make system investments needed to improve and maintain a safe, secure and reliable electric grid. …

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