While a new law allowing greater horizontal drilling in Oklahoma won’t take effect until Nov. 1, 2017, an emergency designation with Senate Bill 867 is allowing some companies to begin the drilling now. As the Oklahoman reported, Tapstone Energy in Oklahoma City could become the first company to start drilling horizontal wells up to two …
A Texas appeals court says an Apache Corp. drilling rig was wrongly forced off a West Texas oil lease in a squabble over whether wells had stopped producing oil and gas. The Court of Appeals of the Eighth District of Texas in El Paso ruled in favor of Apache Deepwater LLC in its suit against …
When House Democrats fought the budget plans for GOP leaders of the Oklahoma legislature, one of their goals was an increase in the Oklahoma Gross Production Tax. However in light of new talks, such an increase might not be included in what Democratic leader Scott Inman wants. Tax increases were reportedly discussed in renewed talks …
Eight months ago, only about 6 percent of Oklahoma was not in a drought. After weeks of rainfall that is close to breaking the 1915 record, now 96% of Oklahoma is not in a drought, according to Gary McManus, State Climatologist at the Oklahoma Mesonet. That’s what the state looked like on August 1 of …
The Federal Appeals Court in Denver has upheld more than $24 million in settlements of lawsuits where oil companies and gas stations were accused of overcharging consumers for gasoline on hot days. In a ruling this week, the U.S. 10th Circuit sided with the settlements of the $24.5 million in multidistrict litigation. “We affirm the …
The Association of Central Oklahoma Governments is planning an event as part of National Drive Electric Week. ACOG’s Central Oklahoma Clean Cities Coalition will hold a “Drive Electric” event September 9 in the Wheeler District of Oklahoma City. The free event will begin at 11 a.m. and the public is encouraging to attend and meet …
The Oklahoma Geological Survey wants to add 72 more seismometers in its study of earthquakes in the state. It’s a $3.5 million project to add the permanent seismic stations, according to a report this week by the Tulsa World. As OGS officials explain, the 72 stations would be phased in over a three year period. …
Harvey, whether he’s a tropical depression or a hurricane, will have an impact on the nation’s gasoline and oil supplies as he hits Texas. Anadarko and Shell evacuated workers and shut production from their platforms Wednesday in the Gulf of Mexico. ExxonMobil was doing the same, taking precautions as Harvey could be the first hurricane …
Thinking of buying a new car this year? AAA Oklahoma says you better consider in the operating cost of $8,469 a year or $706 a month. The findings are in a new study by the American Automobile association which determined small sedans are the least expensive to drive and pickup trucks are the most expensive—-no …
The Oklahoma Commerce Department suggests oil and gas industry representatives in the state might be interested in a coming event featuring the Consulate General of the Republic of Indonesia. The Indonesia-Oklahoma Business forum will be held Aug. 29 at the Skirvin Hilton hotel in downtown Oklahoma City. It will begin at 10 a.m. and continue …