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Verify Your Oil and Gas Production Volumes

by Elizabeth Alford on June 30, 2016

Operators are required to report all oil and gas production from wells to the specific state’s regulating agency every month.  Click your state below to find out more information and to verify your oil and gas production volumes. If you’d like professional help in interpreting this data, or if you have special needs in this area, we have trained associates that can help. Contact us at 713.893.4476 or email us.

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Oil & Gas Divestment Movement Growing

by Elizabeth Alford on June 27, 2016

The University of Massachusetts adds its name to the growing list of organizations who are reject oil and gas investment.

Related: Fracking Ban: A Disaster for Texas Universities

The University of Massachusetts Foundation Board of Directors, voted unanimously in May to jettison the school’s fossil fuel assets totaling $5 million. This is the latest U.S. University to publicly cut ties with oil and gas as the divestment movement continues to gain traction.

The divestment movement has been gathering momentum with one organization claiming there are more than 500 institutions representing over $3.4 trillion in assets have made some form of divestment commitment.

Universities all around the world are coming under intense pressure by students and faculty to remove their ties to oil and gas activity in the wake of concerns over health and climate change. Cambridge University officials recently announced they was ignoring massive opposition where 2,000 students signed a petition for divestment and the students’ union council voted 33:1 in favor of divestment.

Last fall, the University of California pulled $200 million out of coal and oil sands investments, adding their name to a list of 40 other universities and colleges who have done the same including Stanford, Georgetown, the University of Washington, Syracuse, the University of Hawaii and Oxford.

At the same time, Austin-based Environment Texas Research and Policy Center and the California-based Frontier Group called for an end to oil and gas drilling on land owned by University of Texas. They claimed that 95% of the leases involve the controversial technique of hydraulic fracturing (fracking), threatening to hurt the environment and public health.

Earlier this year, Al Gore spoke at Harvard University and, for the second time, urged officials to tackle climate change by starting with divesting of fossil fuel assets. The short clip below is Al Gore at Harvard.

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Fracking Rule for Federal Lands Ruled Unlawful

June 23, 2016

A federal court has declared the fracking rule for federal lands is unlawful. Related:  New Fracking Rules for Public Lands  On Tuesday, U.S. District Judge Scott Skavdahl struck down the Obama administration’s attempt to regulate hydraulic fracturing on federal lands. Skaydahl said, “Congress has not delegated to the Department of Interior the authority to regulate hydraulic fracturing. The BLM’s effort to […]

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Chesapeake to Pay Record Royalty Settlement

June 22, 2016

Chesapeake Energy has settled hundreds of lawsuits in Texas where the company was accused of cheating property owners out of millions in natural gas royalties. Related: Fort Worth School District to Receive Royalties The city of Fort Worth has been in a battle with Chesapeake Energy since 2013, when it filed suit claiming the company […]

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Cooperative Management of Mineral Rights Act Moves Forward

June 20, 2016

Mineral owners won a small victory this week as the Cooperative Management of Mineral Rights Act of 2015 moved a step closer to becoming law. Related: Proposed Law Upholds Property Rights In a unanimous vote on Wednesday, the House Natural Resources Committee advanced House Resolution 3881. The legislation is authored by U.S. Rep. Glenn Thompson, R-Pa. […]

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Antero Resources Buys Up WV Mineral Rights

June 14, 2016

Antero increases its mineral rights holdings in West Virginia by 10%. Related: West Virginia to Reconsider Forced Pooling Last week, Denver-based Antero Resources announced it had purchased the mineral rights to 55,000 net acres in West Virginia in a $450 deal with Southwestern Energy. This purchase brought the company’s lease holdings in the state to more than 535,000 net acres. “The […]

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Supreme Court Ruling is a Victory for Landowner Rights

June 1, 2016

A new Supreme Court ruling paves the way for landowners to challenge the Clean Water Act. Related: Fracking Facts: Is Our Water Supply at Risk? Last week, Supreme Court justices unanimously ruled that a Minnesota company had the right to push back when the U.S. Army Corps of Engineers wanted to regulate development on their land When Hawkes […]

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Happy Memorial Day

May 30, 2016

Wishing you a safe and happy Memorial Day. Please take a minute today to remember those who sacrificed so much for our quality of life. One veteran’s perspective on what this day means to him.

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Fracking Reduces CO2 to 1993 Levels

May 29, 2016

CO2 levels in the air are at the lowest levels in 25 years, according to Energy Information Administration. Related: Fracking Facts: A Healthier Alternative to Coal The Energy Information Administration (EIA) released a new report last month citing dramatic drops in carbon dioxide (CO2) emissions levels, which can be attributed to hydraulic fracturing of natural gas. The report says […]

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Court Decides No Pooling for Ohio Town

May 20, 2016

Ohio court strikes down mandatory pooling for one Ohio town. Related: Idaho Pooling Now Law On Tuesday, the 10th District Ohio Court of Appeals ruled that the Ohio Oil and Gas commission moved too quickly in 2013 when it ordered forced pooling for landowners of North Royalton, Ohio. The case swirled around whether officials took city’s safety concerns […]

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