Blm

Terra Rocky Mountain LLC, a unit of Houston-based Terra Energy Partners, is proposing to drill up to 63 oil and natural gas wells over the next two years on the Western Slope in Colorado, according to the U.S. Bureau of Land Management (BLM).

The Trump administration formally rescinded an Obama-era rule governing hydraulic fracturing (fracking) on public and tribal lands on Thursday, bringing an end to nearly three years of legal wrangling that pitted four states, an Indian tribe, environmentalists and energy industry groups against each other.

The U.S. Bureau of Land Management (BLM) auctioned more than 1,184 acres last week for oil and natural gas development in Ohio’s Wayne National Forest (WNF) and Louisiana’s Kisatchie National Forest (KNF), bringing in more than $1 million that is to be split between the federal and state governments.

An oil and natural gas lease sale conducted by the Bureau of Land Management (BLM) Utah office received bids on 53,763 acres of nearly 93,946 acres offered, drawing total estimated receipts of $5.95 million. BLM sold 49 of 74 parcels offered in the Green River District. Fort Worth, TX-based Lonesome Oil and Gas LLC submitted the high per-acre bid at $2,021 and the highest total bid at $2.88 million.

Following through on plans it announced in October, the Trump administration announced that it has temporarily suspended or delayed parts of an Obama-era rule governing associated natural gas flaring and venting on public and tribal lands until January 2019.

The North Fork Valley near Paonia, CO, along the Western Slope, an area that SG Interests Ltd. has sought to develop for years, has been tentatively approved for drilling up to 146 natural gas well by the Bureau of Land Management (BLM).

In a potential whiplash for the oil and gas industry, a federal judge in San Francisco ruled Wednesday night that the Trump administration broke the law when it tried to indefinitely postpone an Obama-era rule governing associated natural gas flaring and venting on public and tribal lands.

A divided appellate court panel on Thursday dismissed litigation against an Obama-era rule governing hydraulic fracturing (fracking) on public and tribal lands, on the grounds that the Trump administration intends to rescind the rule.

The U.S. Bureau of Land Management (BLM) found market resistance in its quarterly lease auction in Utah on Tuesday, selling only three of the nine parcels up for bid.