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APRIL 2017 MESSAGE FROM THE ADULT PROGRAM CHAIR
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Class 30 visited Tulsa on April 6-8 for their session on Oil, Gas and Water.

I encourage you to read the following reflections on the experience by current class members. Click HERE to view photos from the session.

Diana Hartley
Class XXIV
2016-2017 Adult Program Chair


                                                        
                                         



Brandon Brown,
CFO, Ross Group

LOK Class 30 got to spend the afternoon of Friday April 7th at the beautiful ONEOK Field in Tulsa, OK home of the Tulsa Drillers baseball team. We were welcomed to ONEOK Field by a few of Tulsa’s finest City Councilors, Anna America, Class XXIX, Karen Gilbert, Class XXVIII, and Ben Kimbro, Class XXVIII. We were then treated to a ballpark staple, hamburgers and hotdogs with all the fixings.

After lunch the afternoon was centered on Regulation, Conservation, and Restoration. Our first presenter was Mike Fuhr, Class XXI, Director of the OK Nature Conservancy. It was real interesting to hear about how OK Nature Conservancy is helping to protect some of our ecologically important lands and waters for nature and people. It was honestly a new topic for me and I found it quite intriguing. We discussed many parcels of land they are in charge of maintaining and preserving. It was very though provoking and in my opinion a very worthy cause.

After Mr. Fuhr we had an interesting discussion with Dr. Kyle Murray who is a Hydrogeologist. He had lots of interesting data on earthquake trends in our state and gave his scientific opinion on what has recently caused the increase. It was the first time I heard someone publicly say fracking is causing our increase in earthquakes. Problem being it is very difficult to determine which specific drill sites are causing the earthquakes because of the way horizontal drilling works it’s almost impossible to pin point the exact drill site/s which caused the earthquake.
Next we had Mindy Stitt from the Oklahoma Energy Resources Board (OERB) who described how they are funded, what their mission is, and gave us some great statistics on number of well sites cleaned up by OERB year over year. OERB is a fabulous organization which does amazing work so land owners can rightfully get their land back to its intended use.

Lastly we heard from Jarrett Keck from HollyFrontier. His talk amazed me because we mainly focused on the permitting process and how long it took for HollyFrontier to get a permit to be able to increase their capacity and how much money they had to spend to get the permit. Although their refinery had the capacity they had to spend an exorbitant amount of time and money just to get a permit which allowed them to formally increase their capacity. Although regulations on the Oil & Gas industry are a must this seemed like a massive time/money waste given they weren’t going to have to spend a dime to increase their capacity from an equipment or manpower stand-point.

Overall I thought the afternoon raised some eyebrows for me and really got me thinking about items which I had not been formally introduced to in my career.

Ericka McPherson, General Counsel, Oklahoma Farm Bureau and Affiliated Companies

Our visit to Tulsa, the city once known as the "oil capital of the world" during the 1950s and 1960s, was very insightful, particularly due to the current status of the oil and gas market. As an advocate for farming and ranching issues, I could draw many parallels to the challenges both industries face in the current regulatory, legislative and economic climate. Both industries are the backbone to Oklahoma’s economy and we must find ways to support our precious natural resources to further our state’s economic impact on the state, national and world levels.

One of the many ways we can support the industry is ensuring that we create a level playing field for all operators, whether it be in regulation, legislation or tax. As stated in our session, if you want to change the current economic dynamics, we must be willing to change. We must be willing to set polices to enhance all producers, whether it be horizontal or directional drillers, gas harvesters, mineral owners or surface owners. If we want a reliable profitable market, we must all be willing to make adjustments that make business sense to help stabilize the revenue sources that Oklahoma is so blessed to have.

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