Rig Rout: U.S. Drops 29, Led by Oklahoma, Texas

The count of active U.S. drilling rigs plummeted by 29 units, almost 3.5%, to rest at 809 in the latest count by Baker Hughes Inc. for the week ending Oct. 2. Canada added a net of three rigs to bring the North American rig decline to minus 26, about 2.56% down from the prior week. Read More

Oklahoma Quakes Spur Regulators' Limits on Disposal Wells

With a new swarm of 3.1-magnitude earthquakes not far from Oklahoma City, state regulators earlier this month ordered cutbacks in disposal well operations in specific areas (see Shale DailyAug. 4), but some industry observers see that action spreading throughout the state eventually. The first phase of the cutbacks takes effect Aug. 23. Read More

Oklahoma Governor Signs Bill Limiting Local Control of Oil/Gas Activities

Oklahoma Gov. Mary Fallin signed a bill reaffirming the primacy of the Corporation Commission (OCC) in regulating the oil and gas industry, becoming the second state to effectively prevent localities from enacting their own regulations on energy development, including attempts to restrict or ban hydraulic fracturing (fracking) and injection wells. Read More

Texas Injection Wells Shut; New Oklahoma Rules Having Effect

After a 4.0-magnitude earthquake in North Texas on Thursday, four area drilling waste disposal well operators have shut down operations at five wells while data on seismicity in the area is collected. Meanwhile, Oklahoma injection well operators are living in a different world following quake-minded regulatory initiatives. Read More