Author's posts
SCOOP Produces Massive Gas Well
It wasn’t just the nearly 900 barrels of oil equivalent a day that came out of a Grady county well that no doubt got the attention of the developers. It was the nearly 16,000 Mcf of natural gas being produced on a daily basis. The Lynda well in the SE Cana Field of the SCOOP …
Legislative Impact on Energy Industry?
With five weeks remaining in the Oklahoma legislative session, a lot could still happen regarding measures affecting energy in the state. House Speaker Charles McCall told reporters Thursday he still believes the house is ahead of schedule, despite the recent death of Broken Arrow Rep. David Brumbaugh. When asked about any changes or prospects for …
Growing Claims Over Loss of Existing Wells Due to Horizontal Drilling
No letup in the growing dispute between the horizontal oil and gas drillers and those who contend the horizontal wells are taking from their existing vertical wells. Members of the new group called Oklahoma Energy Producers Association are making claims of wells lost to the horizontal drilling operations. One unconfirmed report claims hundreds of older …
Increased Dividend Announced by ONEOK
The same week ONEOK Inc. announced formation of a $2.5 billion revolving credit facility, the Tulsa-based company’s board of directors declared a quarterly dividend of 61.5 cents a share. In Friday’s announcement, the board said the declaration would result in an annualized dividend of $2.46 a share and is payable May 15, 2017 to shareholders …
Expansion of State’s Earthquake Monitoring System Coming
As Oklahoma Geological Survey Director Dr. Jeremy Boak told OK Energy Today recently, he’s working on perhaps getting someone beside the legislature to help finance the purchase of additional equipment to monitor Oklahoma’s earthquakes. Since he doesn’t expect any funding from the legislature this year, he will look to the energy industry as well as …
State Geological Survey Director Has Hopes of State-owned Earthquake Monitoring Equipment
The Director of the Oklahoma Geological Survey, Dr. Jeremy Boak isn’t optimistic about getting state legislative funding to finish a project of acquiring seismometers to monitor state earthquakes linked to oil and gas operations. It’s what he told OK Energy Today in an interview after speaking Thursday at a state convention of the Oklahoma …
Wastewater Bill Approved in State House
Another measure targeting oil and gas wastewater and injection wells won approval this week in the State House. Senate Bill 287 focuses on the jurisdictional areas of responsibility for each state environmental agency and the agencies with limited environmental responsibility. Rep. Weldon Watson of Tulsa explained the measure allows the Department of Environmental Quality to …
Weather Act by Bridenstine and Lucas Signed into Law
After four years of attempting to get Congress to pass his Weather Research and Forecasting Innovation Act, Rep. Jim Bridenstine is successful. President Trump signed the measure into law this week. Actually, it was the Lucas-Bridenstine Act because Rep. Frank Lucas was also a sponsor of the measure first introduced in 2013. But it was …
Legal Wind Storms Hit NextEra Energy in Oklahoma and Texas
Florida-based NextEra Energy is used to wind. It likes wind to run its wind farms. But lately, it’s running into the kind of wind storms it doesn’t want. While battling lawsuits over its proposed wind farms in western Oklahoma, NextEra Energy is also hoping to get court approval to buy Oncor, the largest regulated electric …
State House Approves Large Tire Fees for Recycling Fund
A bill adding to the cost of trashing old tractor and large-truck tires has won approval in the Oklahoma House. Senate Bill 426 was passed on a 67-25 vote this week as Rep. John Pfeiffer of Orlando pushed the measure to make changes in Oklahoma’s Used Tire Recycling Indemnity Fund. He explained it will allow …