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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 ...
Murray: Bays Exploration, Inc.; Martin No. 2-30 Well; SE/4 NE/4 SW/4 NW/4 of 30-01N-02E; 6.7 BOPD, 2 MCFPD TD 7,776 feet.
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Oklahoma uses a voluntary fund to clean orphan wells. But big oil ...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 family’s lawsuit also named as defendants Wise Oil & Gas No. 10 Ltd. and Newkumet Exploration Inc.—which each owned an interest in the oil Southcreek was pumping—as well as the companies ...
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.
For him, the oil well site that recently sprouted up yards behind his brand-new northwest Oklahoma City home is a nuisance that nobody told him would ever be there. “We had no clue,” said.
Oklahoma state regulators revised protocol developed to reduce the chances of a felt earthquake resulting from well completion activities in Oklahoma's SCOOP and STACK plays, which account for ...
Seminole: Oklahoma Oil & Gas MGMT Inc., Douglas 50 Acre No. 1A Well, W/2 SE/4 SW/4 NE/4 of 30-08N-08E, TD 4,400 feet.
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