Author's posts
Saltwater Well Fight Grows in NE Kansas
The earthquake and wastewater injection well debate is growing in northeastern Kansas. Environmental groups are fighting a plan by a Florida company to drill two saltwater injection wells near the town of Eudora, arguing they will create the same kind of earthquakes experienced in Oklahoma. But there’s pushback from oil and gas consultant and geological …
Inhofe Uses Hearing to Continue Defending Withdrawal From Paris Climate Accord
While the Trump administration’s delegation got a cold reception at this week’s United Nations climate summit in Bonn, Germany, Oklahoma U.S. Sen. Jim Inhofe was still defending the President’s decision to remove the U.S. from the Paris climate accord. During a hearing by the Senate Environment and Public Works committee where he is a ranking …
Enel Green Power Starts Work on Firm’s First Wind Farm in Nebraska
Wind power giant, Enel Green Power North America, Inc. has started construction on its first wind farm in the state of Nebraska. Work begins nearly a year after the company completed and connected to the grid the Drift Sand and Chisholm View II wind power plants in northern Oklahoma. Chisholm View II is an expansion …
Lankford—Take Care of Tax Reform to Improve the Economy
The tax reform bill proposed by Senate Republicans has strong support from Oklahoma U.S. Sen. James Lankford who took to the Senate floor to express his thoughts. The bill has an obvious impact on the energy industry in Oklahoma, whether it’s a push to eliminate some wind tax credits or a move affecting oil and …
Fate of Budget Bailout Bill in Hands of Oklahoma Senate
The State Senate will take up the budget bailout bill on Friday after it won approval Wednesday in the State House on a 56 to 38 vote, but not before the oil and gas industry was targeted by some Democrats with more criticism. The plan calls for the reduction of overall state spending by nearly …
Devon Hits 5,100 Barrel-a-day Well in STACK
A newly-completed $9 million Devon Energy well in Blaine County is producing a whopping 5,100 oil-equivalent barrels a day, according to an announcement by the Oklahoma City energy company. The Faith Marie 1-H is producing the highest oil productivity of any STACK well to date targeting the Lower Meramec interval said the company. The firm …
In Unprecedented Move, EIA Hosts Harold Hamm at Webinar
Vocal critic of the Energy Information Administration, Oklahoma oilman Harold Hamm is going into the mouth of the lion on Thursday. He will speak at a webinar sponsored by the EIA and appear alongside an EIA analyst as they discuss crude production trends and examine the agency’s oil forecasts. If you recall, it was in …
Marathon Reports Pair of Large Wells in Blaine County
Marathon Oil is reporting two of three recently-completed wells in Blaine County have production of more than 2,000 Boed. The largest had total production of 2,248 Boed. The Alta Bia, located at 31 15N 11W had a February spud date with the end of drilling in April and completion in May 2017. The Landreth well is …
$746 million Acquistion and Merger Announced by SandRidge Energy
Oklahoma City’s SandRidge Energy announced Wednesday a $746 million acquisition and merger of Bonanza Creek Energy of Denver, Colorado. Under the deal, SandRidge will acquire all of the outstanding shares of common stock of Bonanza Creek in a cash-and-stock transaction valued at $36 per share. The $746 million total transaction value is comprised of $398 …
Chaparral Energy Reports Increased Total Revenues and Growth in the STACK
Oklahoma City’s Chaparral Energy reported third quarter losses of more than $19 million but increased total revenues of $76 million. The company also reported its STACK production grew by 12 percent compared to the second quarter and by 34 percent in the past year. The company said its net loss was $19.1 million. The increase …