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Democrats Showed Their Contempt for Oklahoma’s Oil and Gas Industry
Oklahoma’s oil and gas industry became a poster boy for contempt for State House Democrats Tuesday night as they hammered energy producers for not paying their fair share of taxes. As Mustang Rep. Leslie Osborn unveiled the newly-compromised House Bill 2414, she was pelted with question after pointed question from Democrats. Late Tuesday night, the …
OIPA Director Criticizes Senate for Eliminating Tax Breaks for Industry
The Oklahoma Independent Petroleum Association is critical of the budget bill passed this week by the State Senate, saying it could prove harmful to the oil and natural gas industry through the repeal of several gross production tax provisions. OIPA Executive Vice President of Governmental Affairs Tim Wigley said the state has had no …
Study Shows ‘Flow Lines’ Cause of Majority of Most Oil and Gas Spills and Leaks
An analysis of state agencies’ records shows flow lines have been problems in more than 7,000 spills and leaks since 2009 in the U.S. including the deadly home explosion in Colorado last month, according to E and E News. The energy news group cites cases in Oklahoma involving such lines including a 2011 incident near …
Lawsuit Blames Monsanto’s Roundup for Causing Cancer in Oklahomans
A Del City couple and a woman from Broken Arrow have filed a federal lawsuit against Monsanto Company, blaming the company’s herbicide Roundup for the cancer they suffer. The lawsuit, CV-00561 was filed in Oklahoma City U.S. District Court by Wanda Clarke and her husband Donald Shepherd who live in Del City and by Esmeralda …
Oklahoma Oil and Gas Expo to Be Expanded in October
The Oklahoma Oil and Gas Expo planned for October in Oklahoma City will be expanded, according to Sustaining Oklahoma’s Energy Resources, a program under the Oklahoma Energy Resources Board. The new Bennett Event Center at the Oklahoma State Fair Park will be the site of the 21st annual Expo on October 31. The center is …
Marathon Scores 5 Pilot Wells in Oklahoma’s STACK
Houston, Texas-based Marathon Oil Company’s is one of the latest energy companies to find success in Oklahoma’s STACK. The company recently completed 7 wells in the STACK, five at one site near Kingfisher. The five wells were located at 8 16N 7W or about one mile northwest of the Kingfisher airport. The five Yost wells …
Democrats Fought and Lost Effort to Block Bill Removing Sales Tax Exemption for Oklahoma Wind Farms
The call by Democrats in the Oklahoma House to raise the gross production tax on oil and gas is affecting nearly every revenue bill being voted on this week. While they helped kill the governor’s bill creating a $1.50-a-pack cigarette tax, they also nearly killed a bill remove the sales tax exemption on wind …
Chaparral’s First Quarterly Report Post-Bankruptcy—–Intends to Devote Drilling Totally to the STACK
Fresh off Chapter 11 reorganization, Oklahoma City-based Chaparral Energy, Inc. announced Monday a new long-term strategy of transitioning to a pure-play STACK operation. Chaparral announced the elimination of $1.2 billion in debt in the first quarter where the company focused the entirety of its drilling activity in the STACK play. The company said its …
Oklahoma Still Has 2nd Cheapest Gasoline in the U.S.
For a third straight week, Oklahoma’s average gasoline prices are the second lowest in the nation. The state’s average this week, according to AAA Oklahoma is $2.07 a gallon, down 12 cents from a month ago. Oklahoma’s average trails only South Carolina’s $2.01 a gallon and is 27 cents below the national average of $2.34. …
Group Wants Google to Dump “Fake News” about Fracking
How far it might get is one thing, but a Texas energy group wants Google to purge or bury what it considers “fake News” websites that spread misinformation about fracking. Texans for Natural Gas, an industry-funded group has made the request. “We believe many of the most prominent anti-fracking websites have content that is misleading, …