The U.S. Geological Survey on Monday released for the first time maps that forecast regions that could experience damage from human-triggered earthquakes. Oklahoma has the highest risk for potential shaking, researchers say. Continue Reading
The U.S. Department of Energy on March 28 cleared the way for construction of a 700-mile transmission line project designed to carry Oklahoma wind power to the southeastern U.S. electricity grid. Continue Reading
The Oklahoma Corporation Commission unanimously voted Tuesday to approve new rules specifying how agency staff and disposal well operators will settle disputes over regulatory actions issued to reduce earthquakes.
Nearly all operators have voluntarily complied with earthquake-related regulatory actions issued by commission staff, known as directives. But SandRidge Energy in December 2015 refused for weeks “to shut down six wells and reduce wastewater volumes in 50 others in northern Oklahoma,” prompting staff to threaten legal action, The Journal Record’s Sarah Terry-Cobo reports: Continue Reading
Oklahoma legislators are considering eliminating some tax credits and incentives for businesses to help plug a $1.3 billion budget gap. The state’s fiscal crisis has led some oil and gas leaders to push lawmakers to end incentives for the wind industry.
Oklahoma City police on Monday released new details on the fiery single-car crash that killed former Chesapeake Energy CEO Aubrey McClendon a day after his federal indictment.
Steve Trammel, an oil and gas expert with analytics firm IHS, said there’s a flip slide to Chesapeake’s move: “If Chesapeake is selling assets, that means somebody is buying them,” Inside Energy’s Dan Boyce reports.
The Oklahoma House on Monday voted to approve legislation clarifying and confirming the authority of state oil and gas regulators to take actions designed to stop industry-linked earthquakes. Continue Reading
Oklahoma has hundreds of abandoned oil and gas wells, the byproduct of a century of petroleum production. Left unrepaired, many of these wells can endanger people and the environment. The state has a fund to plug abandoned wells, but some of that money has been diverted due to budget cuts.
Aubrey McClendon, the founder and former CEO of Chesapeake Energy was charged Tuesday with orchestrating a conspiracy not to compete for oil and gas leases in northwest Oklahoma, the Justice Department said.
The lawsuit by Denver-based DCP Midstream claims tax assessors in nine Oklahoma counties “charged them the wrong amount in property taxes,” KOCO’s Crystal Price reports.