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OIPA News - At the Capitol

Bombshell study confirms methane leakage from shale gas is very low

September 17, 2013

The good people at Energy in Depth on Monday released a report on a study that showed the amount of methane leakage from shale gas wells is very low. The study refutes recent claims by some anti-hydraulic fracturing activists that drilling for natural gas was actually worse for the environment that drilling for oil because, the activists say, of large amounts of methane lost into the air at the wellhead. The new work debunks those claims.

From Energy in Depth's Steve Everley:

 
For years, critics of hydraulic fracturing have alleged that “methane leaks” from development are not only astronomically high, but also make natural gas from shale a climate “disaster” and “gang-plank.” But a new, highly anticipated report from the University of Texas and the Environmental Defense Fund might put that theory to rest — at last, and for good. Full Story >>

House readies vote to thwart hydraulic fracturing regulations

November 15, 2013

The House will likely vote next week on GOP bills that would block Interior Department regulation of oil and gas hydraulic fracturing and set new deadlines for drilling permit approvals. Full Story >>

Governor signs gross production tax bill

May 29, 2014

Gov. Mary Fallin signed legislation that provides for a permanent, lowered tax rate for new oil and natural gas wells. Full Story >>

OETA news report to look at oil and gas tax issue

July 18, 2013

A segment on this week’s “Oklahoma News Report” on OETA public television will look at state tax provisions for the oil and natural gas industry. Full Story >>

Study takes in-depth look at oil and gas tax policy in Oklahoma

January 14, 2014

An independent study released today by the State Chamber Research Foundation provides an in-depth examination of the oil and gas industry and how tax policy led to an amazing resurgence. Full Story >>

Winter storm moving into Oklahoma, oil patch

December 05, 2012

Another severe winter storm on Wednesday began extending its icy claws through the Bakken Shale and into the Midcontinent producing areas, bringing snow, sleet and ice that was expected to reach the Permian Basin by Thursday and then move as far south as Central Texas, weather forecasters said.

Oklahoma forecasters predicted a 100 percent chance of precipitation overnight Thursday into Friday morning. A wintry mix was expected late Thursday, moving to snow overnight. Full Story >>

Teague visits OIPA

December 13, 2013

Oklahoma Secretary of Energy and the Environment Michael Teague visited the OIPA Friday morning. Full Story >>

Oil and Gas Roundup — August 8

August 08, 2013

A roundup of oil and natural gas news from around the state, nation and world:
Oil and gas helped fuel record year for Oklahoma tax revenue
Federal officials defend hydraulic fracturing safety — again
Column: Don't fracture unity on energy
Continental reports record oil production Full Story >>

Oil and Gas Roundup — August 7

August 07, 2014

A roundup of oil and natural gas industry news from around the state, nation and world:
Oklahoma company's pipeline to move stranded oil from Eaglebine
Colorado methane compromise could be model for other states
Anti-fracking activists attack shale gas worker’s Ireland home
Mexico's Senate approves rules for opening energy industry Full Story >>

5 questions with House Speaker T.W. Shannon

April 30, 2013

Oklahoma House Speaker T. W. Shannon made national headlines when he officially became the highest-ranking elected official of African-American descent in Oklahoma history in January.
Full Story >>

Energy Index shows industry growth

August 11, 2016

For the first time since 2014, the Oklahoma Energy Index posted positive gains, renewing optimism in the belief that the economic downturn that has plagued the state’s defining industry is waning. Full Story >>

Welker shows support for oil and gas industry

July 15, 2011

Because nothing slips past the OIPA news desk, here's Oklahoma City's own Wes Welker showing his support for the oil and gas industry. The New England Patriots wide receiver showed up at the Miss Hooters International pageant with model Anna Burns while wearing a Bronco Drilling baseball cap. Full Story >>

Benge testifies before Congressional caucus

October 22, 2009

House Speaker Chris Benge testified before Congress about his legislative efforts to secure natural gas as a viable transportation alternative fuel option as opposed to foreign oil. Full Story >>

OCC sets furlough dates

July 16, 2009

The Oklahoma Corporation Commission has announced when its offices will be closed and employees placed on unpaid furlough because of funding cuts. Full Story >>

Natural gas impacts state budget

July 15, 2009

Lower natural gas prices are making an impact on Oklahoma's budget, and Treasurer Scott Meacham says a budget shortfall is probable in coming months. Full Story >>

Murphy to head Corporation Commission

December 21, 2010

The Oklahoma Corporation Commission has elected Commissioner Dana Murphy chairman of the Commission, effective Jan. 3. Commissioner Jeff Cloud was re-elected vice chairman. The recommendations for the positions came from current Chairman Bob Anthony.
Full Story >>

December SAFE Notes

December 16, 2015

OSHA's final rule on silica could come as early as February, according to the fall regulatory agenda released Nov. 19.
 
The agenda outlines the projected dates and steps for all of OSHA's regulatory actions. While dates listed on regulatory agendas often are missed, an update to the silica rule has been a priority for OSHA in recent years, and many stakeholders anticipate the agency issuing the final rule before President Barack Obama leaves office. Full Story >>

OIPA: Oil and gas tax provisions necessary

December 10, 2012

Oklahoma Independent Petroleum Association President Mike Terry today released the following statement on the Oklahoma Policy Institute's issue brief on tax provisions for the oil and natural gas industry. Full Story >>

Wildcatters Club honors Marlatt

November 20, 2015

The OIPA Wildcatters Club honored Oklahoma state Sen. Bryce Marlatt at an event on Oct. 28 at the OIPA headquarters in Oklahoma City. Full Story >>

Chesapeake CEO defends shale gas production

November 15, 2010

First it was CSI: Crime Scene Investigations, and now its 60 Minutes. Hydraulic fracturing has captured the attention of CBS, and the network's flagship news magazine gave Chesapeake Energy's Aubrey McClendon the opportunity to explain shale gas production. Full Story >>

OIPA leaders part of Fallin's team

November 10, 2010

OIPA board member and Federal Committee Co-Chair Bob Sullivan has been tapped as an economic adviser by Gov.-elect Mary Fallin. Sullivan joins fellow OIPA board member and Devon Energy Chairman Larry Nichols, who Fallin asked to lead her transition team. Full Story >>

Bingman to lead Senate in 2011

November 04, 2010

State Sen. Brian Bingman, a former OIPA legislator of the year, will lead the Oklahoma Senate during the 2011 legislative session. Full Story >>

Tax commission to show GPT reporting system

November 03, 2014

The Oklahoma Tax Commission will host a demonstration of its new gross production tax reporting system. Full Story >>

Hunt named OIPA VP of legislative affairs

November 01, 2016

Hollye Hunt has been named the vice president of legislative affairs for the Oklahoma Independent Petroleum Association. Full Story >>

Hear what Oklahoma's gubernatorial candidates have to say

October 25, 2010

Haven't decided which gubernatorial candidate will get your vote? Republican Mary Fallin and Democrat Jari Askins took the stage at the OIPA's Fall Conference as part of their race to be the state's next governor. Full Story >>

EPA plans rule for drilling wastewater

October 21, 2011

The Environmental Protection Agency has announced plans to write new standards that would govern how energy companies dispose of wastewater from natural gas drilling sites.

Full Story >>

Gov. Fallin to lead support of State Question 766

October 16, 2012

Gov. Mary Fallin will serve as honorary chair of a coalition supporting passage of State Question 766. The OIPA, along with more than 50 trade associations, grassroots organizations, local chambers of commerce and other civic groups from across the state endorse SQ 766. Full Story >>

Geological Survey director speaks at Wildcatters Luncheon

October 11, 2016

Dr. Jeremy Boak, director of the Oklahoma Geological Survey, was the featured speaker at the Wildcatters Luncheon on Oct. 11 in Oklahoma City. Full Story >>

Range Resources launches public education campaign in Marcellus shale

September 30, 2010

Range Resources has taken a play from the OERB. The Fort Worth gas production company launched its first-ever outreach campaign Sunday in Pennsylvania, airing a commercial about the benefits of natural gas production during the Pittsburgh Steelers' football game. Full Story >>

Fiorina comes to OIPA

September 29, 2015

The OIPA welcomed Republican presidential candidate Carly Fiorina and independent producers for a discussion on energy policy during a special visit to Oklahoma. Full Story >>

Hamm promotes Bakken in 'Mad Money' appearance

August 25, 2011

Former OIPA Chairman Harold Hamm, the head of Oklahoma's Continental Resources, appeared on CNBC's Mad Money, promoting his company's work in the Bakken Shale. Full Story >>

The circus is coming to town

August 19, 2010

Remember those U.S. Senators, the OIPA has identified as swing votes on energy? Well, we're not the only ones who know who they are, and an environmental group is taking a circus-themed show to their hometowns in a three-week anti-oil effort. Full Story >>

Corporation Commission tightens disposal well volumes in parts of Oklahoma, Logan counties

August 05, 2015

The Oklahoma Corporation Commission’s Oil and Gas Conservation Division has put in place a plan to reduce oil and gas wastewater disposal well volume in an area of northern Oklahoma County and southern Logan County. Full Story >>

Reid pushes energy bill vote to September

August 04, 2010

Senate Democrats have pushed work on their oil spill response bill to September, but even extra time doesn't mean the measure will pass. Full Story >>

Environmentalists use offshore spill to push onshore regulations

July 26, 2010

The Gulf of Mexico oil spill has given environmentalists new hope in pushing for more stringent regulations on oil and gas production in the United States. Full Story >>

OIPA announces Summer New Member Drive

July 13, 2017

More new members joined the OIPA in May 2017 than any month in history. We’re looking to keep than success going with our Summer New Member Drive. Full Story >>

OIPA participates in EPA's fracking forum

July 12, 2010

The EPA's first meeting to determine the scope of the agency's study on hydraulic fracturing drew a crowd of 600 in Fort Worth, including OIPA's Angie Burckhalter. Full Story >>

Study: New fracking regs will add $500,000 to cost of well

July 09, 2010

A new study by consulting firms Tudor Pickering Holt and Reservoir Research Partners says new regulations on hydraulic fracturing, either at the state or federal level, would add $500,000 to the cost of every well drilled. Full Story >>

Independence Day highlights nation's energy dependence

July 07, 2010

Thomas J. Pyle, the president of the Institute for Energy Research and the American Energy Alliance, says our nation has celebrated its independence while facing increasing dependence in our energy sector. Full Story >>

OIPA announces online Buyers' Guide

July 06, 2017

The Oklahoma Independent Petroleum Association has announced its designation as the exclusive publisher and advertising sales agent for the OIPA Buyers’ Guide. Full Story >>

Oil and Gas Roundup — July 6

July 06, 2016

A roundup of oil and natural gas industry news from around the state, nation and world:
• State rig count climbs 4 to 58
U.S. holds more oil reserves than Saudi Arabia, Venezuela, new study shows
EPA data shows air in red states is 10% cleaner than in blue states
U.S. shale oil's Achilles heel shows signs of mending
Number of Oklahoma earthquakes down this year, state geologists say Full Story >>

Report shows industry's economic impact

June 23, 2011

A newly-commissioned study from the OERB examines the effects of the oil and natural gas industry on the state economy. Conducted by the Steven C. Agee Economic Research and Policy Institute at Oklahoma City University, the economic study shows one out of every $3 of Oklahoma's gross state product is tied directly or indirectly to the oil and natural gas industry. Full Story >>

Gulf spill put in perspective

June 22, 2010

The Associated Press has put the Gulf oil leak in perspective, pointing out the amount of oil spilled into the Gulf would fill the New Orleans Superdome just one-seventh of the way up. Full Story >>

OCC calls for HF notice, seismicity plan

June 19, 2017

In December, the Oklahoma Corporation Commission put out guidance calling for operators to have plans in place to mitigate any induced seismicity prior to beginning a hydraulic fracturing operation. Full Story >>

Fall Conference returns to the Ozarks

June 17, 2014

The OIPA is returning to the Ozarks. After a successful 2013 Fall Conference at Big Cedar Lodge, the 2014 Fall Conference will return to the first-class resort in the Ozark Mountains. Full Story >>

Natural Gas 101 presentations available

June 16, 2016

OIPA Natural Gas Committee Chairman David Le Norman moderated Natural Gas Issues 101, a panel discussion exploring conditions in the natural gas business, on May 18 at the OIPA offices. Full Story >>

Tax legislation aimed at independent producers fails in Senate

June 16, 2010

The U.S. Senate has defeated legislation that would have had detrimental affects on Oklahoma’s crude oil and natural gas industry and the state as a whole. Full Story >>

Inhofe shows support for independents on Senate floor

June 15, 2010

Oklahoma's Jim Inhofe showed his support for independent oil and natural gas producers on the Senate floor, defending the use of the expensing of intangible drilling costs and percentage depletion. Full Story >>

Citing Gulf spill, Hinchey said FRAC Act needed

June 03, 2010

New York Congressman Maurice Hinchey continues to beat his hydraulic fracturing drum, this time sending a letter to House Speaker Nancy Pelosi urging her to push for a vote on his FRAC Act. Full Story >>

Natural gas production hits highest level in 30 years

June 01, 2010

The country's natural gas production in March reached its highest level in 30 years the Energy Department has announced. Full Story >>

Pennsylvania eyes severance tax, calls oilfield workers criminals

May 25, 2010

Pennsylvania lawmakers are mulling a severance tax on natural gas production as activity in the Marcellus Shale continues to ramp up. The state needs the money, at least according to the governor's office, to combat the criminals shipped into the state by drilling companies. Full Story >>

Long-lateral legislation benefits state

May 24, 2017

The Oklahoma Independent Petroleum Association today applauded the approval of Senate Bill 867 by the House of Representatives, saying the legislation will benefit Oklahoma’s defining industry and the state as a whole. Full Story >>

Oil and Gas Roundup — May 23

May 23, 2016

A roundup of oil and natural gas industry news from around the state, nation and world:
• State rig count up 1; U.S. count falls by 2
Time, partisan divide make reconciling energy bills difficult for Congress
Oil posts second consecutive weekly gain
Fossil fuel divestment campaigns are falling on hard times — here’s why Full Story >>

Wisconsin Gov. Scott Walker visits OIPA

May 21, 2015

Wisconsin Gov. Scott Walker joined OIPA members for a discussion on energy policy on May 21 during his visit to Oklahoma for the Southern Republican Leadership Conference. Full Story >>

Tax debate continues

May 12, 2014

The debate on the state's tax provision for horizontal wells continues at the state Capitol, and a new advertisement from the OIPA points out the negative impact the loss of the provision will have.
Full Story >>

Rep. Cole delivers D.C. update

May 11, 2017

Oklahoma’s 4th District Congressman Tom Cole dropped by the OIPA offices on May 11 for an informal update on activity in Washington, D.C. Full Story >>

Energy index stabilizes as oil increases

May 03, 2016

Driven by increasing crude oil prices, the most recent Oklahoma Energy Index is holding steady after nine months of decline. Full Story >>

Wildcatter Spotlight: Tommie Herell

May 03, 2016

Tommie Herell gives to the OIPA’s Wildcatters Club, and the Wildcatters Club gives back to him, he says.

“Being involved in Wildcatters Club, I’ve gotten invited into discussions with leaders within the industry here in Oklahoma and been able to give my input on industry actions that will be good for my family and my part of the business,” he said. Full Story >>

Energy Index growth signals improving state economy

May 02, 2017

Continued growth in oil and natural gas industry employment has moved the Oklahoma Energy Index higher for the month, marking the eighth month in the last 10 that industry activity has increased. Full Story >>

Seismic risk cut in half, USGS says

April 24, 2017

The number of induced seismic events in Oklahoma was dramatically reduced over the second half of 2016, the U.S. Geological Survey reports. Full Story >>

Energy Index growth points to continued industry improvement

April 12, 2017

Significant growth in rig activity and corresponding oil and natural gas industry employment helped the Oklahoma Energy Index mark the seventh straight month of industry expansion as the state’s defining industry pushes toward recovery. Full Story >>

Sen. Lankford visits OIPA

April 10, 2015

Members of the OIPA's Wildcatters Club received a federal update from U.S. Sen. James Lankford during an informal visit from the senator to the OIPA offices on April 8. Full Story >>

OIPA comments on treasurer’s report

April 03, 2014

Oklahoma Independent Petroleum Association President Mike Terry says increased gross production tax collections are proof of a vibrant and growing oil and gas industry.
Full Story >>

Industry incentives draw attention

March 29, 2011

The Oklahoma Policy Institute is focusing new attention on tax provisions for the oil and natural gas industry, specifically focusing on tax incentives for horizontal and deep drilling. Full Story >>

OIPA comments on Democratic budget proposal to increase oil and gas taxes

March 24, 2017

The oil and natural gas industry accounts for one-third of our state’s gross domestic product, generates more than 25 percent of all taxes paid in the state and employs half of the state’s non-farm workers. This industry defines Oklahoma and does more than its fair share to spur our economy forward. Full Story >>

Continental Resources moving headquarters

March 22, 2011

Continental Resources is moving its headquarters from Enid to Oklahoma City, giving Harold Hamm's company the opportunity to continue its rapid growth. Full Story >>

Alert the EPA: Wind energy making people sick

March 16, 2010

You know how environmentalists like to say hydraulic fracturing can lead to health problems, even though no one really has any proof? Turns out, folks in Iowa feel the same about wind power. Full Story >>

Oil and Gas Roundup — March 12

March 12, 2015

A roundup of oil and natural gas industry news from around the state, nation and world:
Measure banning local drilling rules passes Oklahoma House
Obama downplays Keystone, ignores State Department research on pipeline
Activists to blame seismicity on injection wells, but USGS sees it differently
Biofuel group proposes changes to RFS
Inhofe, GOP highlight state objections to EPA climate rule Full Story >>

Wildcatter Spotlight: Tony Vaughn

March 08, 2016

In 1977, Tony Vaughn was an Oral Roberts University student looking for a job. His wife, Lisa, had a friend who knew of a small consulting company with an opening for a general office worker. Vaughn applied. He didn’t get the job.
Full Story >>

Oil and Gas Roundup — March 3

March 03, 2015

A roundup of oil and natural gas industry news from around the state, nation and world:
• State rig count down by nine; U.S. count falls by 42
Democrats' climate probe brings ‘witch hunt’ accusations
Dow Chemical bets $6B that shale boom will last another decade
Magellan Midstream gains new partner for Colorado-Cushing pipeline
Oklahoma company sets sights on ending flaring in Bakken Full Story >>

Wildcatters Wednesday rescheduled

March 03, 2015

Due to the possibility of inclement weather across Oklahoma, the Wildcatters Wednesday Luncheon featuring state Treasurer Ken Miller scheduled for March 3 in Tulsa has been postponed.
The luncheon has been rescheduled for May 6 at the Tulsa Country Club. All current registrations will be honored at the rescheduled event. Thank you for your patience.
Full Story >>

EPA withdraws information request for the oil and natural gas industry

March 02, 2017

The U.S. Environmental Protection Agency is withdrawing its request that owners and operators in the oil and natural gas industry provide information on equipment and emissions at existing oil and gas operations. The withdrawal is effective immediately, meaning owners and operators – including those who have received an extension to their due dates for providing the information – are no longer required to respond. Full Story >>

Thompson defends hydraulic fracturing

March 01, 2010

State Rep. Mike Thompson came to the defense of hydraulic fracturing in an opinion piece in The Oklahoman, saying federal investigations into the commonly-used oilfield technique have been driven by environmental extremists. Full Story >>

Former Gov. Keating condemns skyrocketing wind tax breaks

February 27, 2017

Former Gov. Frank Keating wrote an op-ed in the Tulsa World over the weekend that says it all about the wind industry's tax breaks. Full Story >>

Speaker says GPT could stabilize budget

February 24, 2010

How Oklahoma uses proceeds from gross production taxes could be the key to a stable state budget, Speaker of the House Chris Benge said. Full Story >>

Wyoming lawmakers approve wind tax

February 22, 2010

The Wyoming House of Representatives has sent a bill to the Senate that would levy a tax on the state's wind energy production. Full Story >>

House, Senate leaders to speak at Wildcatters luncheon

February 22, 2017

As state lawmakers struggle to find new revenue to fund major priorities amid a $1.3 billion revenue hole in the budget that will take effect July 1, the OIPA welcomes the leaders of both legislative houses to speak at the March Wildcatter Wednesday Luncheon. Full Story >>

Oil, natural gas taxes help fill budget hole

February 21, 2011

Oklahoma legislators will have $106 million more to spend this year than originally thought, thanks in part to the oil and natural gas industry. The extra revenue reduces the anticipated budget hole from about $600 million to about $500 million. Full Story >>

Energy company mergers on the rise?

February 18, 2010

Energy company mergers have made headlines in recent months, with Exxon Mobil buying XTO Energy for $31 billion and Total paying $800 million for a share in Chesapeake Energy’s Barnett shale gas holdings. And some analysts say the number of mergers will continue to increase.
Full Story >>

Adelson pushes for repeal of GPT incentives

February 17, 2010

State Senator Tom Adelson came up with a novel way of helping the state overcome it's current economic strife. His idea is to increase taxes on the industry that already accounts for roughly 25 percent of all taxes paid in Oklahoma. Full Story >>

EPA says state fracking regs just fine

February 16, 2010

An EPA director says state regulators are doing a good job overseeing hydraulic fracturing and there's no evidence the process causes water contamination. Full Story >>

Oil and gas prices helping state budget

February 15, 2010

Facing a budget shortfall of historic proportions, Oklahoma lawmakers got some much-needed good news thanks to the oil and natural gas industry. Full Story >>

Rally for the Rigs

February 13, 2014

Founded in 1955, the Oklahoma Independent Petroleum Association was created to give the state’s independent oil and natural gas producers a unified voice. It’s time our voice is heard.
Full Story >>

January SAFE Notes

January 28, 2016

Truck drivers who face unrealistic deadlines may contribute to risky behaviors and put them at greater risk of injury, according to a new survey from NIOSH.

The survey was conducted in 2010 at 32 truck stops across the United States, with 1,265 long-haul truck drivers participating.
Full Story >>

Wind getting a free ride?

January 28, 2016

Renewables have been given a free ride at taxpayers’ expense in order to compete with traditional energy producers, and state and federal policies are serving to pick the “winners” for the production of electricity in the next century, according to a wind energy watchdog. Full Story >>

Nichols tells lawmakers gas 'revolution' coming

January 12, 2011

Devon's Larry Nichols spoke to a group of freshman Oklahoma lawmakers, telling them new technologies have increased the amount of natural gas available in the U.S., providing a more reliable source of energy for electric plants. Full Story >>

Ming named energy secretary

January 06, 2011

Gov.-elect Mary Fallin has selected Mike Ming to serve as the state's secretary of energy. Full Story >>

Supreme Court justices evaluated

December 31, 1969

The Oklahoma Civil Justice Council (OCJC) has released its inaugural evaluation of the Oklahoma Supreme Court. The Oklahoma Civil Justice Council was formed by leading Oklahoma business organizations, including the OIPA, to inform Oklahomans about the impact of judicial decisions. Full Story >>



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