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energy

The Devon Energy Center in downtown Oklahoma City.
Brent Fuchs / The Journal Record

It’s been an interesting week in Oklahoma's energy sector.

On Tuesday, state treasurer Ken Miller released his office’s monthly revenue figures, which showed collections from oil and natural gas production dropped by more than 54 percent compared to April 2014. A day later, several energy companies released their first quarter earnings for this year.

seismic readout
Great Beyond / Flickr

The Oklahoma Geological Survey on April 21 acknowledged Oklahoma’s ongoing earthquake surge is “very likely” triggered by wastewater disposal wells used by the oil and gas industry, a formal recognition that comes after years of scientific research that reached similar conclusions.

Oklahoma State Capitol
Joseph Novak / Flickr

There’s only about a month left in Oklahoma’s 2015 legislative session, and if bills haven’t made it out of the chamber they started in by now, they’re dead.

Disposal wells used by the oil and gas industry are ‘very likely’ responsible for the recent surge of earthquakes in Oklahoma, the state seismologist at the Oklahoma Geological Survey said Tuesday.

The Blue Canyon wind farm near Carnegie, Okla.
Joe Wertz / KGOU

State legislators and wind industry representatives are close to a deal that would end two tax incentives and preserve a third, The Oklahoman‘s Paul Monies reports:

Under the tentative agreement, a five-year property tax exemption for new wind farms would end after 2016, but a zero-emissions tax credit would remain in place. Another incentive that isn’t used much by wind developers, the investment tax credit, would end Jan. 1, 2017.

Bob Kerr on his ranch near Carnegie, Okla., which is flanked by turbines from the Blue Canyon Wind Farm.
Joe Wertz / StateImpact Oklahoma

Lawmakers have filed several measures targeting Oklahoma’s wind industry during the 2015 legislative session. The bills most likely to end up on the governor’s desk add regulation — like preventing new wind farms from being built near hospitals, schools and airports — and reduce wind energy tax credits.

Bob Kerr has lived on his Caddo County ranch for 43 years. The nearest tow, Carnegie, is home to about 1,700 people — a sprawling metropolis in southwestern Oklahoma

Workers with Shebester-Bechtel at an American Energy Woodford rig site in Payne County, Okla.
Joe Wertz / StateImpact Oklahoma

Tax revenues from oil and natural gas production in March dropped to their lowest level since September 2002, a collapse that’s driving a slide in total revenues used to fund state government, new data show.

Officials in at least two cities have publicly questioned bills filed during the 2015 legislative session that would limit the local governments’ authority to regulate oil and gas activity.

The bills’ authors say the measures are meant to prevent towns, cities and counties from banning or effectively banning oil and gas drilling and related production activities, like hydraulic fracturing. Officials in Norman and Stillwater, for their part, say the legislation is an overreach that could limit their ability to write ordinances to protect the health and safety of local residents.

windmills
mtneer_man / Flickr

Legislation adding siting restrictions and reporting requirements to new wind energy developments passed a House committee Tuesday.

Senate Bill 808 is now the primary wind regulation bill for the 2015 legislative session, replacing the similarly worded House Bill 1549, Rep. Earl Sears, R-Bartlesville, tells The Oklahoman‘s Paul Monies:

A tanker truck pulling into a terminal at the oil hub in Cushing, Okla.
Joe Wertz / StateImpact Oklahoma

A booming U.S. oil industry has led to near-record amounts of oil production, which has helped drive down oil prices. The energy industry has responded by storing crude instead of selling it at discount rates. That has created a unique situation in Oklahoma, where a major oil storage hub is on track to fill up — completely.

One-fifth of the country’s commercial crude oil storage capacity is located Cushing, Okla., a small city of about 7,900 in northeastern Oklahoma. On the city’s outskirts, field after field are filled with hulking steel storage tanks.

Volunteers watching the polls in November 2014 in Denton, Texas, before voters approved a citywide ban on hydraulic fracturing.
Photomancer / Flickr

As legislation written to prevent counties and municipalities from banning hydraulic fracturing and other oil and gas activities advances through the Oklahoma House and Senate, some city leaders and their advocates say the measures go too far and could have unintended consequences.

'Mess In Texas'

Demonstrators outside the Norman City Hall before a city council committee met to discuss changes to oil and gas drilling rules.
Logan Layden / StateImpact Oklahoma

A proposed amendment to legislation limiting the power local governments have to regulate oil and gas operations expands the bill’s language to prevent cities and towns from enacting rules “effectively” banning drilling, fracking and related activities.

House Bill 2178 was authored by Speaker Jeff Hickman, R-Fairview, who also wrote the amendment. I’ve highlighted the proposed changes below:

Austin Holland with the Oklahoma Geological Survey briefs Corporation Commissioners on new earthquake research.
Joe Wertz / StateImpact Oklahoma

Despite long-held suspicions that the state’s earthquake surge was linked to oil and gas activity, the Oklahoma Geological Survey stayed silent amid pressure from oil company executives, EnergyWire reports.

Rebecca Cruise and Suzette Grillot discuss tensions between Israel and the United States ahead of Prime Minister Benjamin Netanyahu’s address to Congress next week, and European nations that are working to develop a more unified energy policy.

Then, a conversation with art historian Maya Stanfield-Mazzi. She studies pre-Colombian art in the Andes, and says the work of South America’s Inca culture was abstract, without a clear narrative.

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