Friday, November 22, 2024
Biden resumes new oil and gas drilling on public land, offering less land and higher fees- oil and gas 360

Biden resumes new oil and gas drilling on public land, offering less land and higher fees

World Oil (Bloomberg) — President Joe Biden’s administration is dramatically curtailing U.S. public land available for new oil and gas development as it seeks to impose more environmental protections and financial limitations on the activity. The shift is part of a Bureau of Land Management plan to resume selling drilling rights on government-managed federal lands concentrated in the western U.S.

Analysis: Biden may hinder oil and gas drilling even after court loss-oil and gas 360

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

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

New Mineral Owners Association to Address Permitting War in Wyoming

Thousands of acres locked up by big companies with no drilling lowers our values, mineral owners say From the Casper Star-Tribune Sparked by a permitting war among Wyoming’s oil and gas producers, mineral owners in eastern Wyoming say they are banding together in defense, pushing for changes to Wyoming’s drilling rules and regulations. The Wyoming Mineral and Surface Owners Association

U.S. Judge Tosses Climate Lawsuits by California Cities, but Says Science is Sound

Fifth Circuit Finds Directional Drillers Are Independent Contractors

From Lexology by Littler Mendelson PC On February 28, 2019, the United States Court of Appeals for the Fifth Circuit issued an important decision involving whether contract workers in the oil patch were entitled to overtime. In William Parrish, et al. v. Premier Directional Drilling, L.P., No. 17-511089, the Fifth Circuit reversed a trial court decision and rendered judgment in favor

Setback Change is Winding its Way through the Colorado Oil & Gas Rulemaking Process

Final draft of proposed rulemaking: new setback specifically addresses schools It’s been a little more than a month since a citizen-led proposal called Proposition 112 would have imposed a blanket 2,500-foot setback on just about all new oil and gas development on private and state land throughout Colorado. If the measure had passed, new drilling permits would have come to

Colorado’s Oil & Gas Industry: the Prop 112-Polis Scenario Oil & Gas 360

Colorado’s Oil & Gas Industry: the Prop 112 + Polis Scenario

If Proposition 112 passes and Jared Polis is elected governor, what might be in store for Colorado oil & gas development in the years ahead? If Colorado voters follow suit with the results of a recent University of Colorado-backed online poll, a long-lasting and painful punch could be landed directly on the jaw of Colorado’s oil and gas industry in

Climate Groups Prepare Oil & Gas Setback Initiative for 2018 Colorado Ballot

Another 2,500 setback initiative The climate activist groups 350.org and Colorado Rising, a coalition of grassroots groups and activists who worked on 2016’s unsuccessful ballot initiative to amend the Colorado constitution with mandatory 2,500-foot setbacks for oil and gas operations in Colorado, are preparing to launch what they described as “a successful ballot initiative effort in 2018 armed with all

Permian - Delaware Basin Action Virtually Nonstop Since Oct. 1

Permian – Delaware Basin Action Virtually Nonstop Since Oct. 1

No slowdown for the Permian Everybody is getting into the action in the Permian basin and in the Delaware portion of the basin in particular. Even Norway’s TGS-NOPEC Geophysical Company (ticker: TGS) has landed in the Permian. TGS announced today that it has commenced field operations on the West Kermit 3D seismic survey in the Delaware Basin. The project will encompass a

BOEM Oil & Gas 360

U.S. to offer 48 Million Acres in its Last Central Gulf of Mexico Oil & Gas Lease Sale

Final Notice of Sale announces lease terms for available acreage offshore Louisiana, Mississippi and Alabama – Lease Sale Number 247 is Mar. 22, 2017 Two days after President Obama used his pen to indefinitely ban most of the Arctic and some of the Atlantic to oil and gas drilling, the Bureau of Ocean Energy Management (BOEM) announced its Notice of

U.S. Shale will Drive 30% Oilservice Spending Rebound in 2017: BI

U.S. Shale will Drive 30% Oilservice Spending Rebound in 2017: BI

Quick Take: 2017 Oilfield Service and Drilling Outlook from Bloomberg Intelligence Bloomberg Intelligence (BI) analysts Andrew Cosgrove and William Foiles presented a briefing today on the outlook for U.S. oil services and drilling. Bottom line: U.S. shale developers will lead a rebound in oilfield service activity in 2017. Oil Price and CapEx Outlook The Bloomberg analysts expect the global oil

Oil Service

Use of Water-Based Drilling Fluids on the Rise: Report

Drilling Fluids Market Dips to $8 Billion in ’15, but Rise of WBF and Foam-based Muds are Coming on Strong thanks to Environmental Regulations The global drilling fluids market size was valued at USD 7.98 billion in 2015, a slump from the previous year due to declining oil industry activity, San Francisco’s Grand View Research said in a new report. No surprises