federal lands

Analysis: Biden may hinder oil and gas drilling even after court loss

June 18, 2021

BOE Report Publisher’s Note: Kathleen Sgamma will be presenting at EnerCom’s The Oil & Gas Conference in August. U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions. Some options, they said, include

Big U.S. oil drillers have federal permits to mute effect of any Biden ban

January 21, 2021

Reuters U.S. President Joe Biden’s promised ban on new oil and gas drilling on federal lands would take years to shut off production from top shale drillers because they already have stockpiled permits, according to Reuters interviews with executives. But smaller independent oil drillers without the resources of big corporations were more worried about Biden’s vow to toughen regulations and

U.S. raises $3 million in New Mexico oil auction days before pivotal election

October 29, 2020

Reuters The Trump administration on Thursday held an auction for oil and gas leases on more than 7,000 acres in New Mexico, its last before a U.S. election that is expected to determine the future of drilling on public lands. The U.S. Bureau of Land Management raised more than $3 million in bids on 11 land parcels via an online

EnerCom Conference The Oil & Gas Conference

New White House Immediately Launches Energy Plan Embracing Shale

January 20, 2017

The White House says it is focused on lifting climate-driven restrictions, developing $50 trillion in oil and gas, opening up federal lands and developing clean coal President Trump wasted no time moving forward his energy intentions. After being sworn in Friday morning, the Trump White House got started by posting memos that updated two top priorities – energy and jobs. The White

Can Shell Encourage Investment in Alaska’s Hydrocarbon Sector?

June 12, 2015

Protestors in petroleum-based kayaks may be dominating headlines in Seattle, but Royal Dutch Shell’s (ticker: RDS.B) state of the art rig may help revitalize a prominent part of the U.S. energy sector that has been in decline for more than 20 years. Since 1991, Alaska’s crude production has slipped to 500 MBOPD from 1,800 MBOPD. The slide is expected to

Days required to process permit to drill - Federal vs State

Chart of the Week – Federal vs. State Permitting Times

November 6, 2014

Oil & Gas 360®’s chart of the week points to the differences in the average number of days to acquire a permit to drill on federal lands vs. various states. The Feds require 45 times longer to issue a permit than the State of Texas. Federal permitting time increased by almost 50% between 2005 and 2012. Congressman Fred Upton offered