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Large Gas Well Reported in SCOOP
The state’s STACK and SCOOP plays have produced another massive gas well. This time, Marathon Oil based in Houston, Texas reports combination oil and gas well in Blaine County which is one of the three primary counties comprising the STACK. The KNAPP family well is located west of highway US 270 near the little community …
Hamm Objects to Being Called the “F” Word
Oklahoma oilman Harold Hamm certainly got the attention of an energy conference this week in Pittsburgh, Pennsylvania when he told the crowd he didn’t like being called a “fracker.” “I’m not putting up with it,” declared Hamm in his keynote address to the Shale Insight conference. “It’s time to stop. We have a very proud …
Ten Appeals Court Judges Set to hear Oklahoma’s Challenge to EPA’s Clean Power Plan
When the U.S. Court of Appeals for the D.C. Circuit holds its hearing Tuesday on the legal challenge of the EPA’s Clean Power Plan, all but one of the judges will be there. Supreme Court nominee Merrick Garland will miss the en banc review of the regulatory plan that has been challenged by Oklahoma and …
Harding Shelton Gets New Investment Capital and Changes Company Name
At least one Oklahoma City-based energy company is expanding while others are laying off workers, restructuring debt or going into bankruptcy. Harding Shelton Exploration is getting more investment capital and at the same time, changing its name to Antioch Energy. Located in Oklahoma City’s Bricktown entertainment district, Antioch is getting the money from TPH Partners, …
T-Boone Pickens Warns Against Electing Hillary Clinton as President and How it would Harm the Energy Industry
“A complete loser for energy” T-Boone Pickens on President Obama Oil tycoon T. Boone Pickens isn’t afraid to say it—he’s for Donald Trump, against Hillary Clinton and thinks President Obama has not been good for U.S. energy. It’s what he said in a recent interview with Yahoo Finance. “There’s no question Donald …
House Democratic Leader Wants Oklahoma to Stop Accepting Out-of-State Wastewater
While Oklahoma wrestles with the continuing earthquakes that some scientists believe are a direct link to wastewater injection wells, Oklahoma State House Democratic leader Scott Inman proposes a ban on out-of-state wastewater. It’s what he told News 9’s Justin Dougherty in a recent interview. “I think the state should be looking into whether or not …
Trump Vows to End War on Coal, Eliminate WOTUS and Lift Energy Restrictions
In unveiling his energy specifics on Thursday, Donald Trump said America is sitting on a treasure trove of untapped energy. And he said if he’s elected President, he will end the war on coal and eliminate the EPA’s Water of the U.S. rule. He also made a point to thank Oklahoma energy mogul Harold Hamm. …
Oil and Gas—Largest Single Source of Tax Funding in State
Just how critical is the oil and gas industry to the state of Oklahoma. A new report from the Oklahoma State Chamber of Commerce says it makes up the largest single source of tax funding for public services in Oklahoma. Entitled “Economic Impact of the Oil and Gas Industry in Oklahoma,” the more than 60-page …
Phillips 66 Oil Leak Investigated at California’s San Pablo Bay
An investigation is underway into a possible oil leak from the Phillips 66 refinery or from a tanker docked at the refinery’s Marine Terminal in California’s San Pablo Bay near San Francisco. The U.S. Coast Guard first located an oil sheen on Wednesday and Phillips 66 officials issued a statement. “At the time, a tanker was berthed …
Exxon to Pay $12 million Over Yellowstone River Pipeline Oil Spill
A federal judge still has to approve the agreement, but Exxon says it will pay $12 million for environmental damages caused by an oil pipeline break that spilled 63,000 gallons of oil into Montana’s Yellowstone River. The break happened up stream of Billings, Montana’s largest city and required several months of cleanup. it also killed …