Topic: Well plugging
Interview of David Pierce, October 2, 2023
Interviewed by Rex Buchanan and Mike Lennen
Retired Professor David Pierce recalls how he became interested in environmental policy and in oil and gas law. After starting his career, this native Kansan returned to the state where it was easy to do business in the oil and gas industry. In this interview, Pierce identified several factors that contribute to the positive business atmosphere, including land ownership patterns, the location of Kansas' oil and gas resources, and a general attitude that regulation is a means by which reasonable resource extraction is facilitated. He identifies two areas where solutions need to be identified: one old issue, in Show Morethe eastern part of the state where unplugged wells continue to be a problem; and the other a newer issue of increased seismic activity associated with new drilling techniques. Pierce also reviews several of the key federal and state laws and court decisions that have shaped the nexus of energy and environmental policy in the oil and gas industry. Show Less
Interview of John Farmer, December 28, 2023
Interviewed by Rex Buchanan
In this late 2023 interview, John O. Farmer III recalled his long career in the oil business with his family-owned company in Russell, Kansas. Farmer describes the evolution of the oil business over decades as technology changed and improved the possibilities for small- to medium-sized companies in the oil industry. He observes that federal policies and market price fluctuations have more to do with the success or failure of the business than state policies. However, he notes, the interplay of state tax policies can make or break companies that depend on low-production oil wells.
Interview of Roger McCoy, January 24, 2024
Interviewed by Rex Buchanan
Roger McCoy. founder of McCoy Petroleum Corporation with headquarters in Wichita, Ks. , recalls growing up in the oil industry from the late 1950s. Among his observations about the industry, are the dynamics of relationships between independent oil companies, like his and the "majors" like Mobile Oil and Gulf that were active in Kansas. McCoy also observes that environment-related regulation of the industry in Kansas is "justified" and that federal laws impact the industry more than state laws. In his observations, laws that impact pricing and leasing, such as the Kansas Natural Gas Price Protection Act, and Show Morethe Deep Horizons law have greater impact on the industry than most of the environmental requirements. Show Less