“Osage County Oil and Gas Operators Sound Off About Proposed Rules”

Share this article and spread the love.
Join the conversation! Post a comment on this article.

Filed by KOSU News in State Impact.
March 12, 2013

Oil and gas production in Osage County might suffer because the cost of doing business could become too expensive, operators tell the paper.

Source: Journalrecord
Via: Journal Record

Operators are facing a huge spike in costs to drill for oil and gas, as the Osage Nation negotiated rule-making committee prepares to meet to finalize revisions to federal rules governing exploration and production. Following an 11-year court battle, the Osage Nation reached a $380 million settlement with the federal government in 2011 over mismanagement of the tribe’s $4 billion oil and gas estate. The settlement included a provision to rewrite the Code of Federal Regulations Title 25, Part 226 Leasing of Osage Reservation Lands for Oil and Gas Mining.

Read more at: journalrecord.com

10AM to 11PM On Point

On Point unites distinct and provocative voices with passionate discussion as it confronts the stories that are at the center of what is important in the world today. Leaving no perspective unchallenged, On Point digs past the surface and into the core of a subject, exposing each of its real world implications.

Streaming audio and podcasts

Stream KOSU on your smartphone

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services