Legislation encompassing a sweeping reform of leasing and drilling rules in New York State that was signed by the governor last week is “a good compromise for all the parties involved,” according to Brad Gill, executive director of the Independent Oil and Gas Assoc. of New York (IOGA). “This is fair to operators and landowners.
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Articles from Drilling
BLM Proposes New Permitting Charges for Activities on Public Lands
The Bureau of Land Management (BLM) has announced it will publish proposed new fees for oil and gas drilling and other permits for use of public lands in Tuesday’s Federal Register.
House Lawmaker Proposes Repeal of Ban on Drilling in Eastern Gulf of Mexico
Rep. Ernest Istook (R-OK) late Monday planned to offer an amendment to the House Rules Committee to repeal the moratorium on drilling in the eastern Gulf of Mexico when oil imports reach two-thirds of U.S. consumption, a spokeswoman said.
LNG, OCS Holding Up Oil and Gas Title of Senate Energy Bill
Senate negotiations on the oil and gas title of the energy bill are being stymied by two key issues — jurisdiction over the siting of liquefied natural gas (LNG) import terminals and drilling on the federal Outer Continental Shelf (OCS), according to Capitol Hill sources.
U.S. Rig Count Increases in April, Baker Hughes Says
Rigs drilling in a search for natural gas and oil in the United States for the month of April came in at 1,334, an increase of 28 over March, according to the latest statistics from Baker Hughes Inc. April 2005 also had 183 more rigs operating in the U.S. than April 2004.
Scotian Regulatory Changes Amenable to Producers
To increase drilling and knock down barriers to exploration and production, Nova Scotia Minister of Energy Cecil P. Clarke said Tuesday that the province has improved its regulatory processes to collect more royalties and impose fewer penalties.
Scotian Regulatory Changes Amenable to Producers
To increase drilling and knock down barriers to exploration and production, Nova Scotia Minister of Energy Cecil P. Clarke said Tuesday that the province has improved its regulatory processes to collect more royalties and impose fewer penalties.
Congress Passes ANWR-Friendly Budget Resolution
Congress late Thursday passed a $2.6 trillion budget for fiscal 2006 that would, among other things, clear the way for oil and natural gas drilling on the coastal plain of Alaska’s Arctic National Wildlife Refuge (ANWR).
El Paso’s E&P Stabilizes, Expects to Boost Production with Acquisitions
El Paso Corp.’s exploration and production (E&P) business hit bottom in 2004, but with a complete restructuring, improved drilling results, two bolt-on acquisitions — and a third expected to close this month — the “offense is back on the field,” said CEO Doug Foshee on Thursday.
El Paso’s E&P Stabilizes, Expects to Boost Production with Acquisitions
El Paso Corp.’s exploration and production (E&P) business hit bottom in 2004, but with a complete restructuring, improved drilling results, two bolt-on acquisitions — and a third expected to close this month — the “offense is back on the field,” said CEO Doug Foshee on Thursday.