Category: General

Permian Basin Royalty Owners Start Grass-Roots Campaign

Royalty owners in New Mexico and west Texas have started a grass-roots campaign against foreign oil imports. They started their movement with forums this week in the Permian Basin region, all with the goal of saving a major sector of the national economy. Supporters want the next President of the U.S. to issue a proclamation …

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Legislature Hesitates on Consolidation of Scenic Rivers Commission with GRDA

The Oklahoma State legislature’s close to approving a measure to consolidate the Oklahoma Scenic Rivers Commission with the Grand River Dam Authority. Senate Bill 1388 was not approved Tuesday in a State House vote but supporters believe it will eventually win approval. “We’re going to bounce back from this better and stronger than ever,” promised …

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Senex Energy Partners Established by Former Devon Analysts

Five former Devon Energy Corp. senior analysts have joined to create Senex Energy Partners, LLC, Oklahoma City’s newest upstream oil and gas acquisition company. Senex’s founders include John F. Templin II, Ph.D., President and CEO; A. Paul Baclawski, CPG, Vice President and Chief Operating Officer; John H. Graham JR, PE, Vice President of Engineering; Steve T. Whitaker, Vice …

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Crude Oil Futures Rise Above $41 A Barrel

Oil futures snapped a four-day losing streak Tuesday, as a strike by Kuwaiti oil workers and production outages in other parts of the world renewed hopes for a smaller global glut of crude supplies. Natural gas futures jumped nearly 8%, buoyed by weather-related demand for the fuel, according to Bloomberg MarketWatch. May West Texas Intermediate …

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Governor Gives Explicit Powers to Corporation Commission Covering Injection Wells

Oklahoma Governor Mary Fallin signed a bill into law this week giving the State Corporation Commission the explicit power to order the shutdown of any wastewater injection well in the state, a bill that arose from the dispute SandRidge Energy had…

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State Insurance Commissioner to Investigate Earthquake Insurance Rate Hikes

Oklahoma Insurance Commissioner John Doak’s ordered a public hearing to explore an increase in earthquake insurance rates in the state. The hearing will be held May 24 and will include data gathered by his department.
“This is a proactive move to prot…

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Seventy Seven Energy Headed Toward Chapter 11 Bankruptcy

Oklahoma City-based Seventy Seven Energy, the spin-off from Chesapeake Energy, is the latest Oklahoma energy firm to indicate it will file Chapter 11 bankruptcy, seeking protection from its creditors. In an announcement on Tuesday, the company, h…

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Energy Job Losses Increase Oklahoma’s Jobless Rate

The most recent jobless figures released by the Oklahoma Employment Security Commission clearly showed a loss of energy jobs in the past year. The State’s seasonally adjusted unemployment rate rose 0.2 percentage point to reach 4.4 percent for March a…

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Congressman Ready for a Fight with the FCC over Broadband Internet Access

Oklahoma Rep. Steve Russell is ready to take on FCC Chairman Tom Wheeler in a fight over whether the Federal Communications Commission should be able to regulate broadband rates in the nation.
Russell is among those who recently voted to approve HR 26…

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EPA Wants Feedlot Pollution Lawsuit Thrown Out of Court

The U.S. Environmental Protection Agency has responded to a lawsuit by several farm groups challenging a rule over animal feedlot pollution reporting requirements. The Agency is asking the D.C. Circuit Court to throw out the challenges to the rul…

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