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SCOOP and STACK Plays to be Focus of Oil and Gas Association Luncheon
The Oklahoma Oil and Gas Association will host a Friday luncheon featuring a panel with four major oil and natural gas company executives discussing investments in the SCOOP and STACK. They’ll also be discussing the industry’s vision of how the plays will shape Oklahoma’s future oil and gas development. The SCOOP and STACK are considered …
Rig Counts Slip in Oklahoma and Across the U.S.
Both Oklahoma and the U.S. started the week with one less oil and gas rig in the mix, according to figures from Baker Hughes Co. of Houston. The national count slipped by one to reach 568, which is still 199 fewer rigs than the 767 counted a year ago at this time. Oklahoma’s count was …
New Casing Equipment Launched in Houston
With the financial help of Denver-based Aspen Energy Partners, Citadel Casing Solutions of Houston has launched operations after getting its initial investment. Citadel was founded in July by former employees of Halliburton Co. and now manufactures casing equipment and accessories in support of well construction and wellbore integrity, according to a recent report in the …
Inhofe Points to New Wyoming Study that Clears Fracking of Water Contamination Claims of Environmentalists
Oklahoma U.S. Sen. Jim Inhofe’s pointing to yet another report that indicates hydraulic fracturing has not harmed drinking water resources in a Wyoming town. The report from the Wyoming Department of Environmental quality reviewed domestic water waters in Pavillion, Wyoming. “The report puts to rest the faulty work of the EPA that attempted to link …
Environmentalists Terror-filled Over Election of Trump
Donald Trump has yet to take office and already environmentalists are using their fear of his administration to raise money in a fight against his policies. They’re predicting environmental disasters and calling him a fascist. Most of the name-calling is coming from the Sierra Club such as the email notice for a weekend rally held …
Another ‘Federal Fumbles’ Report Coming to a Website Near You!
Oklahoma U.S. Sen. James Lankford indicates he’s discovered so much more wasteful federal spending that he has decided to issue a second “Federal Fumbles” government waste report. He plans to release it on Nov 28. “The American people have signaled a bold new direction for Washington with the election of President-elect Donald Trump,” said the …
Samson Finalizes Sale of North Dakota Holdings to Cut Debt
Australia’s Samson Oil and Gas says it’s reduced its outstanding debt to $19 million through the closing of the North Stockyard sale of its holdings in North Dakota’s Bakken play. At the same time, Mutual of Omaha Bank has increased the company’s borrowing base to $20 million as part of a new syndicated loan involving …
Senator Says It’s Time to Bring an End to Wind Industry Tax Credits
Oklahoma’s wind industry withstood another attack on the credits it’s getting from the state during a Thursday meeting of the Incentive Evaluation Commission, the group that’s studying tax credits and recommending which ones should be shelved or reduced to help the state budget. State Senator Mike Mazzei, who is the outgoing Senate Finance Committee chairman said …
PSO Didn’t Get the Rate Hike it Wanted——Customers to Get Refunds
The Oklahoma Corporation Commission has approved a lower rate increase than asked for by Public Service Company of Oklahoma. It came Thursday on a 2-1 vote to allow PSO a $14 million rate hike, far below the $130 million the company asked for when it filed a request in July 2015. Commissioners Bob Anthony and …
Fallin, Hamm and Bridenstine Among Oklahomans Still Mentioned in Trump Administration
Either someone at Politico didn’t get the message or the political news publication is on target. As of Friday, it was still including the names of Oklahomans Mary Fallin and Harold Hamm as possible appointees along with that of U.S. Rep. Jim Bridenstine in a new Donald Trump administration. “The biggest game in town right now is …