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Oklahoma’s oil industry pays into a voluntary fund to clean up oil wells, but many drillers opt out. The money that has been refunded to these companies in recent years could have restored an ...
Noble: Maxim Energy Corp., Adams No. 4-1 Well, SE/4 NW/4 NE/4 NW/4 of 04-24N-01E, 5 BOPD, TD 4,699 feet.
The Oklahoma Energy Resources Board, created by the Legislature in 1993, collects a 0.1% assessment on oil and gas production that functions like a tax on the state’s largest industry.
The oil and gas industry has reaped profits without ensuring there will be money to plug and clean up their wells. In Oklahoma, that work could cost more than $7 billion if it falls to the state.
That's atop the West Edmond Field. "Most property in the West Edmond Field," Harrington said, "is within 1,000 feet of a poorly plugged oil well drilled in the 1940s or 1950s.
Five oil rig workers are missing after an explosion Monday in an Oklahoma gas well, Pittsburg County Sheriff Chris Morris said in a press conference.
NEW MEXICO (KRQE) — A small business in Texas had an idea – come to New Mexico and transport oil well pumps jacks back to Texas. It cost them $800,000 after they unknowingly helped an Oklahoma ...
Grady: Western Oil and Gas Development Corp.; Wheeler No. 1-1 Well; S/2 NE/4 SE/4 SE/4 of 01-06N-06W; TD 13,600 feet.