In a study that will be the first of its kind nationwide, Colorado researchers plan to assess new data on air pollution from fracking wells in their state and use it to determine whether the emissions are harmful to human health. New data was released this week after a three-year study at Colorado State University measured …
Category: Oil & Gas
Report Claims 40 Counties in Oklahoma at High Cancer Risk from Oil and Gas Industry Fumes
Oklahoma is considered among a handful of states with the greatest cancer risk to oil and gas workers from methane and air toxics emissions in the industry, according to a new report from the Clean Air Task Force. The study found that areas with the greatest health risk are generally located in states with the …
Crude Oil Futures Fall Lower on Tuesday as Inventories Rise
Oil futures continued their descent further from the key $50 a barrel mark on Tuesday as a government report revealed yet another increase in U.S. crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude fell 39 cents, or 0.8%, to end trade at $48.49 a barrel, resulting …
Gas Flaring Practice Plunges in North Dakota
While the federal government’s targeting natural gas flaring on federal lands, the practice in the state where the highest amount has been carried out has fallen sharply since 2014. North Dakota’s flaring as of March 2016 was down to 10%, less than a third of the January 2014 flaring rate of 36%, according to figures …
Production Concerns and Lower Crude Oil Settlements Cloud Monday Futures
Oil futures finished down on Monday as trading closed amid concern about an increase in production, according to Bloomberg MarketWatch. July West Texas Intermediate crude had its lowest finish since June 3, dropping 19 cents, or 0.4%, to end trade on the New York Mercantile Exchange at $48.88 a barrel. On London’s ICE Futures exchange, …
Colorado Company Makes Big Buy in Marcellus
Denver, Colorado-based Antero Resources Corporation announced it has signed an agreement to buy 55,000 net acres in the core of the Marcellus Shale for $450 million. It identified the seller only as a “third-party” but said 75% of the acreage contains dry Utica rights. The purchase also includes undeveloped properties located primarily in Wetzel, Tyler …
Legislator Wants Interim Study on Oil and Gas Wastewater and Possible Recycling
Oklahoma City legislator Richard Morrissette not only is sponsoring a public forum to be held at the State Capitol on wastewater and the injection wells thought to be causing Oklahoma’s earthquakes, he wants an interim legislative study on the issue. He filed the request last week on the day of the deadline for such requests. …
Wastewater and Earthquake Forum to be held at State Capitol
A state legislator who is running for an Oklahoma Corporation Commission seat and the Ponca Nation Council will hold an Oil and Gas Industry Forum Tuesday exploring a way to reduce wastewater injection and the number of earthquakes in the state. The forum will be held at the State Capitol and focus on …
Oil Settlements Fall on Friday with Lower Prices Predicted Next Week
U.S. oil futures finished below $50 a barrel on Friday as traders worried about an increase in production due to higher settlements, according to Bloomberg MarketWatch. July West Texas Intermediate crude fell $1.49, or 3%, to end trade on the New York Mercantile Exchange at $49.07 a barrel. For the week, WTI futures rose almost …
Legislator Wants Interim Study of Oil and Gas Drilling Setback Requirements
State legislators could be making another study and examination of oil and gas drilling in relation to homes and businesses and the rights of those property owners. First, the State House Speaker has to approve the request for an interim study proposal that was made by Rep. Steve Kouplen, (D-Beggs) who submitted it prior to …







