American Oil and Gas Reporter - October 2015 - 103

ConventionSection: Oklahoma Independent Petroleum Association

OIPA Keeping Pressure On
For Better Public Policy
By Danny Boyd
Special Correspondent

OKLAHOMA CITY-Despite the many
challenges facing their industry, members
of the Oklahoma Independent Petroleum
Association will meet for their fall conference Oct. 18-20 optimistic about changes
on the federal level that could make business conditions more palatable.
In mid-September, some at OIPA were
expressing optimism that restrictions on
crude oil exports could be lifted after a
U.S. House Energy and Commerce subcommittee in early September passed HR
702, which seeks to repeal the ban. According to OIPA President Mike Terry, the
full House was expected to take up the
measure shortly thereafter.
"Lifting the export ban is very important to our members and makes all the
sense in the world, especially now," Terry
insists. "Politics is the problem, but some
Democrats and Republicans are working
together, and the industry has been able
to get strong support from Senate Democrats from oil and gas states. There is
still some push back from those who say
this will increase gasoline prices, but
study after study shows otherwise."
New technology and major oil and
natural gas discoveries, including many
by Oklahoma-based companies, have revolutionized the country's energy future,
making an export ban even less sensible
as West Texas Intermediate sells at a
discount to Brent, relates OIPA Chairman
Jeffrey McDougall.
"The oil and natural gas revolution
Oklahomans have witnessed firsthand
has put 1 billion new barrels of crude oil
into the market each year, resulting in an
abundant supply of affordable energy
and overwhelming American oil storage
and refining capacity, which has trapped
us against the oil export ban," assesses
McDougall, president of Oklahoma Citybased JMA Energy Co.
Closing a differential that has ranged
from $5 a barrel on average to as high as
$13 earlier in the year will have a major
impact on Oklahoma's economy, he reasons. "In 2014, Oklahoma produced ap-

proximately 127 million barrels of crude
oil," McDougall states. "If Oklahoma
producers were paid, on average, $5 less
a barrel, it removed $635 million from
the state's economy. It is important to
note the decreased value of Oklahoma
crude oil has not impacted consumer
costs. Because gasoline and all other refined goods can be sold worldwide, the
price we pay at the pump is based on
worldwide oil prices."
Lifting the ban will help U.S. producers
compete as the world anticipates more
crude supplies from Iran, Terry says. He
also projects freeing U.S. exports will
bolster national security, as U.S. light
sweet crude can supply allies otherwise
consigned to purchasing oil from countries
such as Russia and Venezuela.
LPC Court Issues
OIPA received some good news on
the federal front Sept. 1, Terry says, when
the U.S. District Court for the Western

District of Texas overturned the U.S. Fish
and Wildlife Department's "threatened"
listing for the lesser prairie chicken under
the Endangered Species Act. The ruling
sided with the Permian Basin Petroleum
Association and co-plaintiffs that included
counties in southeastern New Mexico (see
story pg. 20).
The USFWS must decide whether to
reconsider or appeal, Terry notes. Furthermore, a similar case was pending
in federal court in Tulsa, Terry pointed
out in mid-September. The court's determination in PBPA's case held that
USFWS ignored data that showed a
substantial population increase for the
bird from 2014 to 2015, says A.J. Ferate,
the association's vice president of regulatory affairs, which he suggests is a
reason for OIPA members to be optimistic.
"OIPA has supported an Oklahoma
Wildlife Conservation Division two-year
survey of the lesser prairie chicken and

OIPA Fall Conference - Ridgedale, Mo.
Sunday, Oct. 18

1 p.m. Exhibitor Setup, Grandview Ballroom
Foyer, Big Cedar Lodge
1 p.m. Registration Open, Grandview Registration Table
1:30-3:30 p.m. Board of Directors Meeting,
Lake View B & C
Board Members Only
4:30 p.m. Welcome Reception, Grandview
Ballroom Foyer
6-9 p.m. Campfire Dinner

Monday, Oct. 19

7:30 a.m. Registration Open, Big Cedar
Lodge, Grandview Registration Table
7:30 a.m. Buffet Breakfast, Grandview
Ballroom
7:30 a.m.-Noon Exhibition Open, Grandview
Ballroom Foyer
8:30-11:15 a.m. General Session, Grandview D
Tony Martin, Executive Director, Oklahoma Tax Commission
Mark Parker, Technology Manager, Halliburton

10 a.m.-Noon Bubbles & Brunch Cruise
Admission: $120
11:30 a.m. Keynote Luncheon, Grandview
A&B
Speaker: Ambassador Yoram Ettinger
OIPA Hall of Honor Induction
4-5:30 p.m. Exhibit Booths Open
6-9 p.m. A Night at Top of the Rock

Tuesday, Oct. 20

7:30 a.m. Registration Open, Big Cedar
Lodge, Grandview Registration Table
7:30-8:30 a.m. Buffet Breakfast, Grandview
Ballroom
7:30-11 a.m. Exhibition Open, Grandview
Ballroom Foyer
8:45-10:45 a.m. General Session, Grandview D
11:30 a.m. Exhibit Booth Teardown
All Exhibit Booths Must Be Down by
11 p.m.
11:30 a.m. OIPA Fall Classic Golf Scramble,
Buffalo Ridge Golf Club
Transportation Available
Lunch Provided
OCTOBER 2015 103



American Oil and Gas Reporter - October 2015

Table of Contents for the Digital Edition of American Oil and Gas Reporter - October 2015

Contents
American Oil and Gas Reporter - October 2015 - Cover1
American Oil and Gas Reporter - October 2015 - Cover2
American Oil and Gas Reporter - October 2015 - 3
American Oil and Gas Reporter - October 2015 - 4
American Oil and Gas Reporter - October 2015 - Contents
American Oil and Gas Reporter - October 2015 - 6
American Oil and Gas Reporter - October 2015 - 7
American Oil and Gas Reporter - October 2015 - 8
American Oil and Gas Reporter - October 2015 - 9
American Oil and Gas Reporter - October 2015 - 10
American Oil and Gas Reporter - October 2015 - 11
American Oil and Gas Reporter - October 2015 - 12
American Oil and Gas Reporter - October 2015 - 13
American Oil and Gas Reporter - October 2015 - 14
American Oil and Gas Reporter - October 2015 - 15
American Oil and Gas Reporter - October 2015 - 16
American Oil and Gas Reporter - October 2015 - 17
American Oil and Gas Reporter - October 2015 - 18
American Oil and Gas Reporter - October 2015 - 19
American Oil and Gas Reporter - October 2015 - 20
American Oil and Gas Reporter - October 2015 - 21
American Oil and Gas Reporter - October 2015 - 22
American Oil and Gas Reporter - October 2015 - 23
American Oil and Gas Reporter - October 2015 - 24
American Oil and Gas Reporter - October 2015 - 25
American Oil and Gas Reporter - October 2015 - 26
American Oil and Gas Reporter - October 2015 - 27
American Oil and Gas Reporter - October 2015 - 28
American Oil and Gas Reporter - October 2015 - 29
American Oil and Gas Reporter - October 2015 - 30
American Oil and Gas Reporter - October 2015 - 31
American Oil and Gas Reporter - October 2015 - 32
American Oil and Gas Reporter - October 2015 - 33
American Oil and Gas Reporter - October 2015 - 34
American Oil and Gas Reporter - October 2015 - 35
American Oil and Gas Reporter - October 2015 - 36
American Oil and Gas Reporter - October 2015 - 37
American Oil and Gas Reporter - October 2015 - 38
American Oil and Gas Reporter - October 2015 - 39
American Oil and Gas Reporter - October 2015 - 40
American Oil and Gas Reporter - October 2015 - 41
American Oil and Gas Reporter - October 2015 - 42
American Oil and Gas Reporter - October 2015 - 43
American Oil and Gas Reporter - October 2015 - 44
American Oil and Gas Reporter - October 2015 - 45
American Oil and Gas Reporter - October 2015 - 46
American Oil and Gas Reporter - October 2015 - 47
American Oil and Gas Reporter - October 2015 - 48
American Oil and Gas Reporter - October 2015 - 49
American Oil and Gas Reporter - October 2015 - 50
American Oil and Gas Reporter - October 2015 - 51
American Oil and Gas Reporter - October 2015 - 52
American Oil and Gas Reporter - October 2015 - 53
American Oil and Gas Reporter - October 2015 - 54
American Oil and Gas Reporter - October 2015 - 55
American Oil and Gas Reporter - October 2015 - 56
American Oil and Gas Reporter - October 2015 - 57
American Oil and Gas Reporter - October 2015 - 58
American Oil and Gas Reporter - October 2015 - 59
American Oil and Gas Reporter - October 2015 - 60
American Oil and Gas Reporter - October 2015 - 61
American Oil and Gas Reporter - October 2015 - 62
American Oil and Gas Reporter - October 2015 - 63
American Oil and Gas Reporter - October 2015 - 64
American Oil and Gas Reporter - October 2015 - 65
American Oil and Gas Reporter - October 2015 - 66
American Oil and Gas Reporter - October 2015 - 67
American Oil and Gas Reporter - October 2015 - 68
American Oil and Gas Reporter - October 2015 - 69
American Oil and Gas Reporter - October 2015 - 70
American Oil and Gas Reporter - October 2015 - 71
American Oil and Gas Reporter - October 2015 - 72
American Oil and Gas Reporter - October 2015 - 73
American Oil and Gas Reporter - October 2015 - 74
American Oil and Gas Reporter - October 2015 - 75
American Oil and Gas Reporter - October 2015 - 76
American Oil and Gas Reporter - October 2015 - 77
American Oil and Gas Reporter - October 2015 - 78
American Oil and Gas Reporter - October 2015 - 79
American Oil and Gas Reporter - October 2015 - 80
American Oil and Gas Reporter - October 2015 - 81
American Oil and Gas Reporter - October 2015 - 82
American Oil and Gas Reporter - October 2015 - 83
American Oil and Gas Reporter - October 2015 - 84
American Oil and Gas Reporter - October 2015 - 85
American Oil and Gas Reporter - October 2015 - 86
American Oil and Gas Reporter - October 2015 - 87
American Oil and Gas Reporter - October 2015 - 88
American Oil and Gas Reporter - October 2015 - 89
American Oil and Gas Reporter - October 2015 - 90
American Oil and Gas Reporter - October 2015 - 91
American Oil and Gas Reporter - October 2015 - 92
American Oil and Gas Reporter - October 2015 - 93
American Oil and Gas Reporter - October 2015 - 94
American Oil and Gas Reporter - October 2015 - 95
American Oil and Gas Reporter - October 2015 - 96
American Oil and Gas Reporter - October 2015 - 97
American Oil and Gas Reporter - October 2015 - 98
American Oil and Gas Reporter - October 2015 - 99
American Oil and Gas Reporter - October 2015 - 100
American Oil and Gas Reporter - October 2015 - 101
American Oil and Gas Reporter - October 2015 - 102
American Oil and Gas Reporter - October 2015 - 103
American Oil and Gas Reporter - October 2015 - 104
American Oil and Gas Reporter - October 2015 - 105
American Oil and Gas Reporter - October 2015 - 106
American Oil and Gas Reporter - October 2015 - 107
American Oil and Gas Reporter - October 2015 - 108
American Oil and Gas Reporter - October 2015 - 109
American Oil and Gas Reporter - October 2015 - 110
American Oil and Gas Reporter - October 2015 - 111
American Oil and Gas Reporter - October 2015 - 112
American Oil and Gas Reporter - October 2015 - 113
American Oil and Gas Reporter - October 2015 - 114
American Oil and Gas Reporter - October 2015 - 115
American Oil and Gas Reporter - October 2015 - 116
American Oil and Gas Reporter - October 2015 - 117
American Oil and Gas Reporter - October 2015 - 118
American Oil and Gas Reporter - October 2015 - 119
American Oil and Gas Reporter - October 2015 - 120
American Oil and Gas Reporter - October 2015 - 121
American Oil and Gas Reporter - October 2015 - 122
American Oil and Gas Reporter - October 2015 - 123
American Oil and Gas Reporter - October 2015 - 124
American Oil and Gas Reporter - October 2015 - 125
American Oil and Gas Reporter - October 2015 - 126
American Oil and Gas Reporter - October 2015 - 127
American Oil and Gas Reporter - October 2015 - 128
American Oil and Gas Reporter - October 2015 - 129
American Oil and Gas Reporter - October 2015 - 130
American Oil and Gas Reporter - October 2015 - 131
American Oil and Gas Reporter - October 2015 - 132
American Oil and Gas Reporter - October 2015 - 133
American Oil and Gas Reporter - October 2015 - 134
American Oil and Gas Reporter - October 2015 - 135
American Oil and Gas Reporter - October 2015 - 136
American Oil and Gas Reporter - October 2015 - 137
American Oil and Gas Reporter - October 2015 - 138
American Oil and Gas Reporter - October 2015 - 139
American Oil and Gas Reporter - October 2015 - 140
American Oil and Gas Reporter - October 2015 - 141
American Oil and Gas Reporter - October 2015 - 142
American Oil and Gas Reporter - October 2015 - 143
American Oil and Gas Reporter - October 2015 - 144
American Oil and Gas Reporter - October 2015 - 145
American Oil and Gas Reporter - October 2015 - 146
American Oil and Gas Reporter - October 2015 - 147
American Oil and Gas Reporter - October 2015 - 148
American Oil and Gas Reporter - October 2015 - 149
American Oil and Gas Reporter - October 2015 - 150
American Oil and Gas Reporter - October 2015 - 151
American Oil and Gas Reporter - October 2015 - 152
American Oil and Gas Reporter - October 2015 - 153
American Oil and Gas Reporter - October 2015 - 154
American Oil and Gas Reporter - October 2015 - 155
American Oil and Gas Reporter - October 2015 - 156
American Oil and Gas Reporter - October 2015 - 157
American Oil and Gas Reporter - October 2015 - 158
American Oil and Gas Reporter - October 2015 - 159
American Oil and Gas Reporter - October 2015 - 160
American Oil and Gas Reporter - October 2015 - 161
American Oil and Gas Reporter - October 2015 - 162
American Oil and Gas Reporter - October 2015 - 163
American Oil and Gas Reporter - October 2015 - 164
American Oil and Gas Reporter - October 2015 - 165
American Oil and Gas Reporter - October 2015 - 166
American Oil and Gas Reporter - October 2015 - 167
American Oil and Gas Reporter - October 2015 - 168
American Oil and Gas Reporter - October 2015 - 169
American Oil and Gas Reporter - October 2015 - 170
American Oil and Gas Reporter - October 2015 - Cover3
American Oil and Gas Reporter - October 2015 - Cover4
https://www.nxtbook.com/nxtbooks/aogr/202403
https://www.nxtbook.com/nxtbooks/aogr/202402
https://www.nxtbook.com/nxtbooks/aogr/202401
https://www.nxtbook.com/nxtbooks/aogr/202312
https://www.nxtbook.com/nxtbooks/aogr/202311
https://www.nxtbook.com/nxtbooks/aogr/pbios_202310
https://www.nxtbook.com/nxtbooks/aogr/202309
https://www.nxtbook.com/nxtbooks/aogr/202308
https://www.nxtbook.com/nxtbooks/aogr/202307
https://www.nxtbook.com/nxtbooks/aogr/202306
https://www.nxtbook.com/nxtbooks/aogr/202305
https://www.nxtbook.com/nxtbooks/aogr/202304
https://www.nxtbook.com/nxtbooks/aogr/202303
https://www.nxtbook.com/nxtbooks/aogr/202302
https://www.nxtbook.com/nxtbooks/aogr/202301
https://www.nxtbook.com/nxtbooks/aogr/202212
https://www.nxtbook.com/nxtbooks/aogr/202211
https://www.nxtbook.com/nxtbooks/aogr/202210
https://www.nxtbook.com/nxtbooks/aogr/202209
https://www.nxtbook.com/nxtbooks/aogr/202208
https://www.nxtbook.com/nxtbooks/aogr/202207
https://www.nxtbook.com/nxtbooks/aogr/202206
https://www.nxtbook.com/nxtbooks/aogr/202205
https://www.nxtbook.com/nxtbooks/aogr/202204
https://www.nxtbook.com/nxtbooks/aogr/202203
https://www.nxtbook.com/nxtbooks/aogr/202202
https://www.nxtbook.com/nxtbooks/aogr/202201
https://www.nxtbook.com/nxtbooks/aogr/202112
https://www.nxtbook.com/nxtbooks/aogr/202111
https://www.nxtbook.com/nxtbooks/aogr/pbios_202110
https://www.nxtbook.com/nxtbooks/aogr/202109
https://www.nxtbook.com/nxtbooks/aogr/202108
https://www.nxtbook.com/nxtbooks/aogr/202107
https://www.nxtbook.com/nxtbooks/aogr/202106
https://www.nxtbook.com/nxtbooks/aogr/202105
https://www.nxtbook.com/nxtbooks/aogr/202104
https://www.nxtbook.com/nxtbooks/aogr/202103
https://www.nxtbook.com/nxtbooks/aogr/202102
https://www.nxtbook.com/nxtbooks/aogr/202101
https://www.nxtbook.com/nxtbooks/aogr/202012
https://www.nxtbook.com/nxtbooks/aogr/202011
https://www.nxtbook.com/nxtbooks/aogr/202010
https://www.nxtbook.com/nxtbooks/aogr/202009
https://www.nxtbook.com/nxtbooks/aogr/202008
https://www.nxtbook.com/nxtbooks/aogr/202007
https://www.nxtbook.com/nxtbooks/aogr/202006
https://www.nxtbook.com/nxtbooks/aogr/202005
https://www.nxtbook.com/nxtbooks/aogr/202004
https://www.nxtbook.com/nxtbooks/aogr/202003
https://www.nxtbook.com/nxtbooks/aogr/202002
https://www.nxtbook.com/nxtbooks/aogr/202001
https://www.nxtbook.com/nxtbooks/aogr/201912
https://www.nxtbook.com/nxtbooks/aogr/201911
https://www.nxtbook.com/nxtbooks/aogr/201910
https://www.nxtbook.com/nxtbooks/aogr/201909
https://www.nxtbook.com/nxtbooks/aogr/201908
https://www.nxtbook.com/nxtbooks/aogr/201907
https://www.nxtbook.com/nxtbooks/aogr/201906
https://www.nxtbook.com/nxtbooks/aogr/201905
https://www.nxtbook.com/nxtbooks/aogr/201904
https://www.nxtbook.com/nxtbooks/aogr/201903
https://www.nxtbook.com/nxtbooks/aogr/201902
https://www.nxtbook.com/nxtbooks/aogr/201901
https://www.nxtbook.com/nxtbooks/aogr/201812
https://www.nxtbook.com/nxtbooks/aogr/201811
https://www.nxtbook.com/nxtbooks/aogr/201810
https://www.nxtbook.com/nxtbooks/aogr/pbios_201810
https://www.nxtbook.com/nxtbooks/aogr/201809
https://www.nxtbook.com/nxtbooks/aogr/201808
https://www.nxtbook.com/nxtbooks/aogr/201807
https://www.nxtbook.com/nxtbooks/aogr/201806
https://www.nxtbook.com/nxtbooks/aogr/201805
https://www.nxtbook.com/nxtbooks/aogr/201804
https://www.nxtbook.com/nxtbooks/aogr/201803
https://www.nxtbook.com/nxtbooks/aogr/201802
https://www.nxtbook.com/nxtbooks/aogr/201801
https://www.nxtbook.com/nxtbooks/aogr/201712
https://www.nxtbook.com/nxtbooks/aogr/201711
https://www.nxtbook.com/nxtbooks/aogr/201710
https://www.nxtbook.com/nxtbooks/aogr/201709
https://www.nxtbook.com/nxtbooks/aogr/201708
https://www.nxtbook.com/nxtbooks/aogr/201707
https://www.nxtbook.com/nxtbooks/aogr/201706
https://www.nxtbook.com/nxtbooks/aogr/201705
https://www.nxtbook.com/nxtbooks/aogr/201704
https://www.nxtbook.com/nxtbooks/aogr/201703
https://www.nxtbook.com/nxtbooks/aogr/201702
https://www.nxtbook.com/nxtbooks/aogr/201701
https://www.nxtbook.com/nxtbooks/aogr/201612
https://www.nxtbook.com/nxtbooks/aogr/201611
https://www.nxtbook.com/nxtbooks/aogr/201610
https://www.nxtbook.com/nxtbooks/aogr/pbios2016_programguide
https://www.nxtbook.com/nxtbooks/aogr/201609
https://www.nxtbook.com/nxtbooks/aogr/201608
https://www.nxtbook.com/nxtbooks/aogr/201607
https://www.nxtbook.com/nxtbooks/aogr/201606
https://www.nxtbook.com/nxtbooks/aogr/201605
https://www.nxtbook.com/nxtbooks/aogr/201604
https://www.nxtbook.com/nxtbooks/aogr/201603
https://www.nxtbook.com/nxtbooks/aogr/201602
https://www.nxtbook.com/nxtbooks/aogr/201601
https://www.nxtbook.com/nxtbooks/aogr/201512
https://www.nxtbook.com/nxtbooks/aogr/201511
https://www.nxtbook.com/nxtbooks/aogr/201510
https://www.nxtbook.com/nxtbooks/aogr/201509
https://www.nxtbook.com/nxtbooks/aogr/201508
https://www.nxtbook.com/nxtbooks/aogr/201507
https://www.nxtbook.com/nxtbooks/aogr/201506
https://www.nxtbook.com/nxtbooks/aogr/201505
https://www.nxtbook.com/nxtbooks/aogr/201504
https://www.nxtbook.com/nxtbooks/aogr/201503
https://www.nxtbook.com/nxtbooks/aogr/201502
https://www.nxtbook.com/nxtbooks/aogr/201501
https://www.nxtbook.com/nxtbooks/aogr/201412
https://www.nxtbook.com/nxtbooks/aogr/201411
https://www.nxtbook.com/nxtbooks/aogr/201410
https://www.nxtbook.com/nxtbooks/aogr/201409
https://www.nxtbook.com/nxtbooks/aogr/pbios2014_programguide
https://www.nxtbook.com/nxtbooks/aogr/201408
https://www.nxtbook.com/nxtbooks/aogr/201407
https://www.nxtbook.com/nxtbooks/aogr/201406
https://www.nxtbook.com/nxtbooks/aogr/201405
https://www.nxtbook.com/nxtbooks/aogr/201404
https://www.nxtbook.com/nxtbooks/aogr/201403
https://www.nxtbook.com/nxtbooks/aogr/201402
https://www.nxtbook.com/nxtbooks/aogr/201401
https://www.nxtbook.com/nxtbooks/aogr/201312
https://www.nxtbook.com/nxtbooks/aogr/201311
https://www.nxtbook.com/nxtbooks/aogr/201310
https://www.nxtbook.com/nxtbooks/aogr/201309
https://www.nxtbook.com/nxtbooks/aogr/201308
https://www.nxtbook.com/nxtbooks/aogr/201307
https://www.nxtbook.com/nxtbooks/aogr/201306
https://www.nxtbook.com/nxtbooks/aogr/201305
https://www.nxtbook.com/nxtbooks/aogr/201304
https://www.nxtbook.com/nxtbooks/aogr/201303
https://www.nxtbook.com/nxtbooks/aogr/201302
https://www.nxtbook.com/nxtbooks/aogr/201301
https://www.nxtbook.com/nxtbooks/aogr/201212
https://www.nxtbook.com/nxtbooks/aogr/201211
https://www.nxtbook.com/nxtbooks/aogr/201210
https://www.nxtbook.com/nxtbooks/aogr/201209
https://www.nxtbook.com/nxtbooks/aogr/2012_pbios
https://www.nxtbook.com/nxtbooks/aogr/201208
https://www.nxtbook.com/nxtbooks/aogr/201207
https://www.nxtbook.com/nxtbooks/aogr/201206
https://www.nxtbook.com/nxtbooks/aogr/201205
https://www.nxtbook.com/nxtbooks/aogr/201204
https://www.nxtbook.com/nxtbooks/aogr/201203
https://www.nxtbook.com/nxtbooks/aogr/201202
https://www.nxtbook.com/nxtbooks/aogr/201201
https://www.nxtbook.com/nxtbooks/demo/aogr_clone
https://www.nxtbook.com/nxtbooks/aogr/201112
https://www.nxtbookmedia.com