Entries by Naomi Lemon

Texas postpones vote on oil production cuts

Eunice Bridges | Argus Media Texas regulators postponed a vote on a proposal to cut the state’s oil output by 1mn b/d, saying they want to further explore legal issues. But the Texas Railroad Commission, the top oil and gas regulator in the state, seemed open to some kind of proration plan in conjunction with […]

OEPA Asking The OCC To Curtail Production Of Oil

As you all know, the OEPA recently sent a letter to the Oklahoma Corporation Commission and filed an application for hearing. The hearing date has now been set for May 11th at 9:30am. We are asking that each OEPA member contact the Corporation Commissioners in support of our application filed at the OCC to support President Trump’s efforts […]

Global oil production to witness 20 Mln Bpd drop due to OPEC

Scott Gibson | Stock News Press The worldwide oil benchmark, Brent crude, wobbled on Monday, despite the historic oil production cut deal sealed by the Organisation of Petroleum Exporting Countries and its allies on Sunday. This weekend’s OPEC+ deal to slash production by 9.7 million barrels a day amounts to the largest coordinated cut in history, but the decision doesn’t […]

Oklahoma judge to recommend regulators rule oil production ‘economic waste’

Liz Hampton | Reuters An Oklahoma Judge will recommend the state’s oil and gas regulator approve an emergency order declaring oil production in the state could constitute economic waste, a spokesman for the state’s Corporation Commission (OCC) said on Friday. The administrative law judge intends to write the recommendation in response to an application submitted […]

Texas, Oklahoma mulling state cuts to oil, gas production

Kallanish Energy Texas and Oklahoma are both looking at cutting production of crude oil and natural gas because of low prices tied to the coronavirus pandemic and the oil price rout. On Tuesday, the Texas Railroad Commission held a 10-hour video hearing with 55 witnesses including energy companies and trade groups on a possible 20% […]

2020 Oklahoma Candidate Filings

Greg Piatt | OEPA Lobbyist Fewer candidates filed this cycle The number of candidates running this year is far fewer than the record-breaking number who filed in 2018. A huge number of open seats in the Legislature and few incumbents in the statewide races allowed a flood of candidates to file for elected office in […]