The Oklahoma Corporation Commission’s Induced Seismicity Department directed three Arbuckle oil and gas wastewater disposal wells to shut down and restricted production at other wells following Monday morning’s 4.5-magnitude earthquake. Around 11:10 a.m., the U.S. Geological Survey recorded a large earthquake in northern Oklahoma, about 4.5 miles northwest of Medford. […]
The following is an Op/Ed written by Texas Railroad Commissioner Jim Wright Over the last year, the oil and gas producing regions in Texas, including those in Permian Basin, have experienced an increase in seismic activity. Seismic activity associated with the production of oil and gas is nothing new, and […]
Railroad Commission of Texas Commissioner Wayne Christian was unanimously elected Chairman for a second time in a recent vote. The Chairman gives a brief overview and history of the Railroad Commission of Texas, including what areas of oversight they have. The prominence and strength of the Texas Railroad Commission is […]
Small Business Suffering Signs According to energy author and expert Art Berman, small business is in for a rough second half of 2020. And he’s not alone either. This author says “Small Business Die Off Is Here“. Berman believes the past six months of COVID Shutdowns just sped up what […]
Chrysta Castañeda gives her thoughts from the Texas Railroad Commission regarding their recent decision to not intervene with the oil and gas production in Texas. Castañeda cites flaring and supply capacity a couple examples of areas she would have liked to see more discussion, exploration or different direction from the […]
Energy and economic expert Dr. Loren Scott talks about how the one day of negative oil prices impacted the market and industry. From the futures markets to contractual nuances, the negative oil prices left scars. Dr. Scott also comments on the long term impacts of Saudi Arabia and Russia’s recent […]
The Crude Life Podcast Episode 53 April 20, 2020 Guests/Topics: Jon Clark, Clark Energy Consulting, gives his thoughts and comments after the Texas Railroad Commission meeting on April 14, 2020. In Texas, an economic powerhouse, the outbreak and oil shock have created huge risks for the states’ historically strong energy […]
Bruce Bullock, Maguire Energy Institute at SMU Cox School of Business comments on the historic Texas Railroad Commission meeting regarding the reduction of oil production. Observations from the meeting ranged from environmental angles to OPEC to more value to mineral owners. Texas bravado and their power is also discussed in […]
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