A significant drop in gross production tax collections on Oklahoma’s oil and gas wells could have a major impact on the state’s well plugging activities. It’s the caution given Oklahoma Corporation Commissioners Thursday by the agency’s Chief Financial Officer Holly George. “Gross production tax, in July and August,both had significant drops. And by …
The head of the Petroleum Alliance of Oklahoma says if the state is thinking about an increase in its gross production tax on oil and gas, then it’s time for a statewide tax on wind and solar energy production. Brook A. Simmons, President of the Alliance responded to Senate President Pro tempore Greg Treat’s …
Facebook Twitter Email Print Copy article link Save Just as Oklahoma relaunched its effort this week to find internet service providers for the state’s expansion of rural broadband service, Colorado took its first step to use more than $826 million for the same kind of effort. Colorado received $826.5 million in funding as part of …
A spill of more than 2,000 barrels of “produced” water from oil production has spread into the Quivira National Wildlife Refuge in central Kansas. The spill was discovered Tuesday afternoon by the U.S. Fish and Wildlife Service which manages the refuge that is located east of Great Bend. The spill came from oil production …
The Winter Storm Uri of 2021 and its disastrous impact on natural gas customers in Oklahoma and other states led this week to the filing of two class action lawsuits in Kansas. Named as defendants are some well known companies,some of which have been sued in similar claims. BP Energy, the same firm that …
A coalition created for increased competition in the nation’s electricity transmission infrastrucutre says the latest inflation numbers show electricity price inflation continues hurting households and businesses. The Electricity Transmission Competition Coaltion points to inflation data released by the U.S. Bureau of Labor Statistics which showed the August CPI measured monthly electricity services inflation at …
The Oklahoma Broadband Office has formally relaunched its effort to name internet service providers to compete for $374 million in an expansion of service to rural custsomers in the state. The money is from the ARPA State and Local Fiscal Recovery Funds. The Office released a Notice of Funding Opportunity this week, meaming that starting …
SandRidge Energy Executive Vice President and Chief Financial Officer Salah Gamoudi is leaving the company. He notified the board of directors of his resignation to be effective September 27 “to pursue other opportunities,” according to a company announcement. “Mr. Gamoudi is not resigning from the Company as a result of any disagreement with the Company …
ONEOK’s preparing for possible shareholder approval of its nearly $19 billion merger with Magellan Midstream Partners by announcing some executive officer changes. Kevin L. Burdick will become Executive Vice President, Chief Enterprise Services Officer and Sheridan C. Swords will become Executive Vice President, Liquids and Gathering & Processing. Each will report directly to Pierce …
Tulsa’s Vital Energy Inc. just increased the scale of its operations in the Permian Basin with three separate acquisitions totaling thousands of acres in a deal worth $1.165 billion. The acquisitions were in the Midland and Delaware basins and involved Vital Energy’s purchase from Henry Resources, LLC, Maple Energy Holdings, LLC and Tall City …
