September 16, 2022 archive

Native Exploration drills big oil and gas producers in McClain County

  The three wells drilled near Blanchard by Oklahoma City-based Native Exploration Operating LLC turned out to be quite a hit for the company. Drilled on a single pad, the wells ended up with more than 2,000 barrels of oil a day and nearly 18,000 Mcf of natural gas.   The largest gas producer, the Charles …

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Denver is a “severe” violator of air quality with its smog

  Anyone who has driven through Denver and expressed concern about the smog will want to know, the Environmental Protection Agency has reached the came conclusion. It’s nasty. The EPA has reclassified Denver and Colorado’s northern Front Range as “severe” violators of air quality standards. It means more stringent regulations are coming for businesses and …

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Weak gain for crude oil prices on Friday while OK energy stocks suffered losses

  Oil prices made only a weak gain on Friday and as a result, Oklahoma energy stocks suffered losses as high as 7% for the day. The mild increase in crude prices came as a spill at the Basra terminal in Iraq put a restriction on the world crude supply. Still, crude prices for the …

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Oil and gas rig numbers hold steady in Oklahoma

  The latest rig report by Baker Hughes Co. showed Oklahoma’s rig activity remained steady with a count of 64 active oil and gas  rigs, same number as one week earlier. The Friday numbers released by Baker Hughes showed a national gain of 4 rigs to a total of 763, including 8 more oil rigs …

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Contractor hit with more fraud charges filed by AG

  Attorney General John O’Connor filed a third round of charges in Oklahoma County against a contractor who allegedly received thousands of dollars from Oklahomans in several counties in exchange for construction projects he never completed. Michael Hanson, 42, is now charged with twenty-four (24) counts of felony Embezzlement, one count of misdemeanor Embezzlement, and …

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Groups fight BLM’s sale of drilling leases a round Chaco region in New Mexico

  Interior Secretary Deb Haaland is under pressure by a coalition of more than 50 groups to halt new oil and gas leasing and fracking around the Greater Chaco region of northwest New Mexico. An estimated 10,000 people say the Biden administration should live up to its promise to protect the Native American region, this after the …

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House Dems pressed their attack on major oil companies

  House Democrats didn’t let up on their attacks against the nation’s oil and gas industry during another hearing on Capitol Hill. While representative of four major oil companies didn’t attend the hearing as asked, the anti-fossil fuel House members pressed ahead. They read from newly released documents obtained from ExxonMobil, Chevron, Shell and BP as part …

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Other states still try to copy Oklahoma’s anti-protest energy law

    A bill passed and signed into law in Oklahoma in 2017 has turned out to be something of a guidepost for 16 other states to use in creating laws against the kind of destructive protests like those held against the Dakota Access pipeline in late 2016. Other states are attempting to create the …

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Air Force shoots down proposed wind farm in Nebraska

  What had been planned to be Nebraska’s largest wind farm has been nixed by the military. Why? Because the proposed wind farm would be too close to underground missile silos. After farmers in Banner County, Nebraska had counted on the wind turbines for added income, the Air Force stepped in and vetoed the wind …

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North Dakota oil production decline blamed on lack of workers

  A shortage of workers is blamed for a 2.5% drop in North Dakota oil production in the month of July. The state’s Department of Mineral Resources reported July oil production slipped to just more than 1 million barrels a day reported the Bismarck Tribune. Click here for Bismarck Tribune