Category: Oil & Gas

Colorado oil producers sued over royalties fight

  A mineral royalties fight has gone to court in northern Colorado where three Weld County landowners have filed suit saying they were underpaid for more than seven years. The Daily Camera in Boulder reported the lawsuit was brought in federal court against Kerr-McGee Oil & Gas Onshore LP and Noble Energy Inc. Click here …

Continue reading »

Report finds $8 billion gap in New Mexico bonding requirements, clean up costs for oil and gas

  If environmentalists and the more liberal-leaning leaders of New Mexico got their wish to totally abandon the oil and gas industry, what would the cleanup bill be for the wells left standing? A new study by the Center for Applied Research put the cost into the billions of dollars. It also showed the state …

Continue reading »

Natural gas use for power plants grew in 2020

  Some states and cities are pushing ahead with efforts to ban the use of natural gas, but it hasn’t stopped the growth of gas to power electricity in the U.S. A new government report shows the use of natural gas to power electric generating plants increased in 2020 resulting in 57% of the nation’s …

Continue reading »

First industrial hemp plant opens in Kansas

   Oil isn’t the only industry from which clothes and everyday things we use are manufactured. So is the industrial hemp industry and its first hemp plant has opened in Kansas. Great Bend is the site of the South Bend Industrial Hemp operation which is taking advantage of more and more of the crop being …

Continue reading »

Kansas Senator accuses EPA of inaction

  A state senator in Kansas and former mayor of El Dorado, home to one of the state’s three oil refineries contends the state is positioned to make a strong economic comeback after the pandemic, but claims refineries are still facing headwinds because of inaction by the EPA. Sen. Michael Fagg, writing in the Wichita …

Continue reading »

Crude oil prices drop to lowest levels in 3 weeks

  Crude oil prices suffered a second straight day as both US and prices overseas lost more than $2 a barrel and tumbled to their lowest levels in three weeks. West Texas Intermediate crude for June delivery dropped $2.13 to $63.36 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude …

Continue reading »

Rep. Lucas wants briefing on Colonial Pipeline attack

Oklahoma U.S. Rep. Frank Lucas joined Wednesday by the chairwoman of a House Committee in asking Energy Secretary Granholm to brief them on the Colonial Pipeline Company ransomware attack. Lucas is the Ranking Member and Rep. Eddie Bernice Johnson chairs the House Committee on Science, Space and Technology which has broad authority over all energy …

Continue reading »

Supreme Court overturns well investment debate

  The Oklahoma Supreme Court has overturned a lower court ruling in a lawsuit over arbitration between a Wynona well servicing company and a Bartlesville investment advisory group. In a ruling announced this week, the high court ruled in favor of Focus Group Advisors, LLC of Bartlesville, an investment advisory firm that was sued in …

Continue reading »

Texas Gov. signs bill barring cities from banning natural gas

  Texas has followed Oklahoma in creating a law that bans cities and local governments from banning natural gas as a fuel. The move by Oklahoma was first made in 2020 in response to the effort a few years ago by California to ban natural gas use. Oklahoma Rep. Terry O’Donnell, R-Catoosa and Sen. Mark …

Continue reading »

Power plant at center of Texas and New Mexico fight

  A fight is underway over a natural gas plant on the Texas-New Mexico border near El Paso as nearby residents make the claim the plant is worsening the region’s already poor quality. The Newman Power Station sits between El Paso, Texas and Chaparral, New Mexico and its operators plan to use natural gas to …

Continue reading »