Monday, January 27, 2025
US oil executives expect faster permitting under Trump, says Dallas Fed- oil and gas 360

US oil executives expect faster permitting under Trump, says Dallas Fed

(Investing) – HOUSTON -U.S. energy executives expect faster permitting times for drilling on federal lands under President-elect Donald Trump, according to a Federal Reserve Bank of Dallas survey released on Thursday. The overall outlook brightened and activity levels increased while uncertainty declined in the final quarter of 2024, according to a December survey of 134 energy firms in Texas, Louisiana and

Colorado: COGCC Can’t Use ALJs to Help with 6,300 Drilling Permit Applications

Colorado: COGCC Can’t Use ALJs to Help with 6,300 Drilling Permit Applications

From the  Denver Business Journal Colorado law has emerged as a surprise obstacle to state regulators hiring administrative law judges to help make decisions about permits for drilling new oil and gas wells. The Colorado Oil and Gas Conservation Commission is rewriting policies to match sweeping oil and gas regulation reforms passed in April by the state legislature. Senate Bill 181 included

LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

McIntyre says FERC is streamlining the LNG plant permitting process, reducing the timing  The Federal Energy Regulatory Commission has issued a news release saying the commission has not sent letters to LNG project applicants announcing delays of 12 to 18 months for pending applications for liquefied natural gas terminals. Last week, Bloomberg reported that unnamed sources had described the letters.

Days required to process permit to drill - Federal vs State

Chart of the Week – Federal vs. State Permitting Times

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