Oklahoma Corporation Commissioners have signed off on a plan to limit for only six months a limit on natural gas production rates from prolific wells in the state. Commissioner Dana Murphy urged her fellow commissioners to revisit the issue in six months. The commission took the action after the Petroleum Alliance of Oklahoma and …
A nearly $27 million rate reduction for Oklahoma Natural Gas customers has been approved by Oklahoma Corporation Commissioners. Commissioners on Tuesday voted to support the stipulated agreement in which ONG rates will be connected to different performance metrics. Under the approved plan, some of the return to customers will include over collections by ONG. The …
The latest completion reports filed with the Oklahoma Corporation Commission show Cimarex Energy Company with a well producing more than 1,100 barrels of oil a day, active drilling by Camino Natural Resources in Canadian County and no letup by Chaparral Energy in the STACK. Cimarex Energy reports the Vessels 2h-3526x well at 35 15N 12W …
The Denver Post, in a 3-part series of Colorado’s oil and gas industry asks the question whether it is too late to capture billions of dollars in revenue for a permanent fund. Click here to read part two.
The Oklahoma Water Resources Board had completed recent studies of Oklahoma’s water supplies. One was part of an effort to better understand the impact of droughts. Here is the attached release from the OWRB: Oklahoma’s unpredictable climate makes water management in the state a challenging trade. This year’s excessive rainfall has misled many to …
The people of Oklahoma Oil & Natural Gas continue to invest in the state’s future by funding nearly half of the 33 new Cal Ripken Sr. Foundation STEM Centers in Oklahoma City elementary schools. These facilities will provide students with hands-on experiences and learning that will assist them in developing their problem-solving skills through science, …
While Oklahoma City’s new street car system is up and running, the operation in Kansas City experienced a bump in the road over the delay of another of its cars. The arrival of vehicle No. 806, the second of two new streetcars that will complete the six-car fleet on the 2.2 mile downtown line won’t …
Construction of a controversial forest trail on the west side of the Crazy Mountains in Montana is expected to be underway this week after a federal judge declined to halt the work. The Billings Gazzette reports that five conservation groups had banded together to seek a temporary injunction to halt building of the Porcupine Ibex Trail, …
Bloomberg News reports shale bond buyers are getting far more selective than they used to be and it’s because some of the oil and gas exploration companies are defaulting. Energy companies are spending more cash than they make. “High-yield energy companies have sold about half as much corporate debt this year as they had …
Based on information provided in part from Oklahoma, two scientists concluded conventional oil and gas production methods can affect groundwater much more than fracking. The study was by hydrogeologists Jennifer McIntosh from the University of Arizona and Grant Ferguson from the University of Saskatchewan. The researchers found information for the Western Canada Sedimentary Basin, the …