Frac ban – Oil & Gas 360

$Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production - oilandgas360$

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production

February 1, 2020

Oilfield Technology From a valuation perspective, a fraccing ban would theoretically affect the full acreage potential and hence negatively impact the total portfolio value for some E&Ps. Rystad Energy research indicates that as much as US$36.5 billion in upstream asset value could be lost in Delaware New Mexico alone. Recent analysis conducted by Rystad Energy suggests that if the fraccing

Premier Reaffirms South Australia’s Partial Frac Ban

May 15, 2018

From News.Au South Australian Premier Steven Marshall has reaffirmed his state’s partial ban on fracking to a gathering of oil and gas industry chiefs. The partial ban on fracking in South Australia will remain, with Premier Steven Marshall telling energy chiefs of the need for a “social license” for the controversial process. Mr. Marshall told the Australian Petroleum and Production

Limiting Shale Development: Virginia County Creates 40-Acre Resource Extraction Districts, Imposes Strict Frac Regulations

December 13, 2017

County Board of Supervisors put in strong zoning restrictions before looking into imposing an all-out frac ban From Fredricksburg.com/The Free Lance-Star Westmoreland County, Va. – Moments after the Westmoreland Board of Supervisors passed amendments Monday night to strictly limit gas and oil drilling, board members asked the county attorney to start researching a possible moratorium on the activity. Supervisors said

Colorado Energy Bill Results in Crestone Peak's Comprehensive Drilling Plan Hearing Being Tabled by the COGCC- Oil & Gas 360

Drilling the Western Side of the Wattenberg: Boulder County Commissioners Ask State to Deny Drilling Permits to Extraction Oil & Gas Subsidiary

October 20, 2017

This week, the Boulder County Commissioners told its residents that 8 North LLC, a subsidiary of Extraction Oil and Gas, LLC had applied with the State of Colorado for permits to drill a 1,280-acre area at the far eastern edge of Boulder County, right up to the line on the map that separates long time oil-friendly Weld County and the

New York Banned Fracing but Spends $95 Million for Natural Gas Powered Buses

May 10, 2017

North American bus manufacturing giant New Flyer Industries Inc. (ticker: NFI), announced on Monday that it contracted with New York City Transit Authority (NYCT) to deliver 110 heavy-duty 60-foot articulated buses—fueled with compressed natural gas (CNG). The state-funded contract, a firm order for 110 XN60 Xcelsior CNG-powered buses, is valued at US $95 million, the company said in a press release. New

CU Denver Business School Study Itemizes $ Billions in Paychecks, Colorado Schools, Services from Oil & Gas Drilling and Production - Colorado Capitol - Oil & Gas 360

Hearing Feb. 22: Bill Requires Colo. Cities that Impose Frac Bans to Pay Operators, Lessees, Royalty Owners for Losses

February 21, 2017

Important hearing for HB 17-1124 at Colorado State Capitol — Feb. 22 Legislators in Denver have proposed a bill that would require a local government that interferes with oil and gas operations in Colorado to compensate oil and gas operators, mineral lessees and royalty owners for all costs, damages and losses from the interference. The Colorado Alliance of Mineral

Colorado’s City and County of Broomfield Seeks Frac Moratorium–Again: Council Puts off Decision

January 11, 2017

Extraction Oil & Gas’s proposed drilling program spurred citizen action and reaction by Broomfield council On Jan. 10, 2017, the City and County of Broomfield, Colorado, held a public hearing on its proposed ordinance No. 2038 which calls for imposing a temporary moratorium on oil and gas drilling, hydraulic fracturing, and the processing of certain oil and gas related applications.

Colorado Could Lose $14.5 Billion, 104,000 Jobs and Suffer Reduced GDP if Ballot Initiative 78 Passes – UPDATE

August 1, 2016

Aug. 8 deadline looms Ballot proposal 78 could reduce the surface area available for drilling in Colorado by 90%: COGCC report While the economic impacts would not likely put the state into a recession, they would reduce the state’s GDP by 3.4% over a 15-year period: Univ. of Colorado study Colorado has become a hot-spot for political issues in the oil

Dutch Government Bans Hydraulic Fracturing for Five Years

July 13, 2015

Exploration wells to be allowed with permission from the government Dutch Minister of Economic Affairs Henk Kamp announced that the government will impose a ban on hydraulic fracturing until 2020. “No commercial exploration or extraction of shale gas will take place in the Netherlands over the next five years,” according to a release from the Dutch government. “Existing licenses for

Wyoming Judge Temporarily Halts New BLM Regulations in Four States

June 30, 2015

BLM head Sally Jewell says old regulations were behind the times U.S. District Judge Scott Skavdahl of Wyoming granted a request by Colorado, North Dakota, Utah and Wyoming to temporarily delay new Bureau of Land Management (BLM) regulations today while the court decides if they are legal, reports the Denver Post. The new BLM regulations would have created a number of

After Seven Years of Study, New York Formally Bans Hydraulic Fracturing

June 30, 2015

The decision follows the release of the DEC’s 1,448-page report on hydraulic fracturing New York Department of Environmental Conservation (DEC) Commissioner Joe Martens announced today that hydraulic fracturing would be formally banned in the state of New York. The announcement comes after seven years of study by the DEC and the release of their 1,448-page report, which was released prior

Denton Considers Lifting Frac Ban

June 3, 2015

House Bill 40 makes Denton frac ban unenforceable Denton City Council held a meeting last night to consider its options for moving forward with the ban on hydraulic fracturing that it enacted in December of last year. The Texas legislature passed Texas House Bill 40 last month, making the Denton frac ban unenforceable. According to the text of HB 40,

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