Author's posts
Chesapeake Energy’s Stock Has Strong Showing
Trading in Oklahoma City’s Chesapeake Energy captured the eye of one national firm that focuses on the financial markets. Market Realist noted Chesapeake Energy was the S and P 500’s top gainer for Sept. 14 as its stock prices rose 4.1%. Trading of its stock finished the day at $4.1, the highest close in a …
Devon Back to Pre-Harvey Levels in Eagle Ford
Oklahoma City-based Devon Energy is one of those firms reporting its Eagle Ford shale operations in South Texas are back to levels before Hurricane Harvey hit the region. Devon Energy reported its production is at pre-storm levels in the play which was 63,000 boe/day in the second quarter. The total included 36,000 b/d of crude …
Federal Reserve Bank Conference to Feature Corporation Commissioner and Energy Executives in Oklahoma
Oklahoma Corporation Commission Chairwoman Dana Murphy will be part of a panel at a joint conference this week of the Federal Reserve Bank of Dallas and the Federal Reserve Bank of Kansas City. The conference will be held Friday at Oklahoma City’s Petroleum club and the commissioner will be part of a 1:30 p.m. panel. …
Lawsuit Over Oil Tank “Thief Hatch” Death Goes to Trial in Oklahoma Federal Court
A lawsuit filed over the 2014 death of an oilfield worker near Ardmore went to trial this week in Oklahoma City federal court. It was March 20, 2014 when David C. Simpson, 57 died as he was checking the levels in an oil tank battery owned and operated by Exxon Mobil Corporation and XTO Energy Inc. …
EPA’s Pruitt Visits Flood-Damaged Superfund Sites in Texas
Environmental Protection Agency Administrator Scott Pruitt got his first-hand look over the weekend at the damage caused by Hurricane Harvey in Houston, Texas. He toured the San Jacinto River Waste Pits Superfund site on Friday and got a briefing from on-the-ground EPA response personnel. While he toured the site, an EPA dive team carried out …
Tulsa Judge Rules Against Pawnee Nation in BIA Oil Drilling Leases
Tulsa U.S. District Court Judge James Payne handed a setback this month to the Pawnee Nation in an oil and gas development fight with the Interior Department and the Bureau of Indian Affairs. He ruled against many of the arguments the tribe had made against BIA approved oil and gas developments it contended resulted in …
North Dakota’s Two-Year Oil Production Decline Tapering Off
In recent days we’ve heard how Continental Resources founder Harold Hamm was excited about the future of North Dakota’s Bakken shale formation and how some experts felt the play could equal that of Texas’ Permian Basin. Now comes a report that North Dakota’s oil production has stabilized after two years of decline. The State’s Department …
Kansas Chicken Farm Fight Grows Over Cries of Tyson Pollution
Amidst a fight against a proposed giant $320 million Tyson food chicken production and slaughtering hub in northeast Kansas were cries of endangering people, the soil and water with industrial wastes. The colorful protest held recently in Leavenworth County featured signs that declared “No Tyson! No friggin’ chickens! No kidding!” It raised memories of the …
Denver Federal Appeals Court Hands Victory to Environmentalists Fighting Coal Leases
A Denver federal appeals court ruling has caused the Trump administration to reconsider how it approaches its review of greenhouse gas emissions in dealing with coal leases. The 10th U.S. Circuit Court of Appeals ruled the Bureau of Land Management had not adequately considered the emissions from four large coal leases in Wyoming’s Powder …
Confirmation Hearing for Scott Pruitt’s EPA General Counsel
When Oklahoma U.S. Sen. Jim Inhofe and others on the Senate Environment and Public Works Committee meet Wednesday, it’ll be for a confirmation hearing for the likely next general counsel at the Environmental Protection Agency. Matt Leopold fits the mold of Scott Pruitt, the EPA Administrator who sued the Obama administration over its Clean Power …