The Bakken play in North Dakota and parts of Montana holds a potential 24 billion boe in oil, liquids and natural gas, according to the CEO of one of the Bakken’s pioneering independent exploration and production (E&P) companies.
Lands
Articles from Lands
Pennsylvania Lawmakers Call for Moratorium on Forest Leasing
In a March 2 letter to Gov. Tom Corbett, a group of 80 Pennsylvania state representatives said they would hold up royalty revenues if the state leased additional forest land for natural gas development.
Study Urges Administration to Open More Lands for Production
Greater access to public lands for producers would create an additional 530,000 jobs, deliver $150 billion more in taxes to the federal government and boost domestic production by 4 million bbl of oil equivalent per day (boe/d) by 2025, according to a new study commissioned by the American Petroleum Institute (API).
Study Urges Administration to Open More Lands for Production
Greater access to public lands for producers would create an additional 530,000 jobs, deliver $150 billion more in taxes to the federal government and boost domestic production by four million bbl of oil equivalent per day (boe/d) by 2025, according to a new study commissioned by the American Petroleum Institute (API).
Texas Sues Over Deepwater Moratorium
Texas is suing the federal government over its deepwater drilling moratorium, alleging that under the Outer Continental Shelf Lands Act (OCSLA) affected states must be consulted by the secretary of the U.S. Department of Interior (DOI) before such a measure is taken.
Texas Sues Over Deepwater Moratorium
Texas is suing the federal government over its deepwater drilling moratorium, alleging that under the Outer Continental Shelf Lands Act (OCSLA) affected states must be consulted by the secretary of the U.S. Department of Interior (DOI) before such a measure is taken.
California Voters Strongly Oppose Offshore Drilling, Poll Shows
By nearly a two-to-one margin California voters are opposed to more offshore oil/natural gas drilling in state lands along the 1,000-mile coast, a Field Poll showed last Friday. The results represent a big increase in the negative sentiment compared to two years ago.
House Panel to Vote on Hydrofracing Amendment Thursday
An amendment by Rep. John Fleming (R-LA) seeking to strike a provision allowing federal regulation of hydraulic fracturing (hydrofracing) activities on federal lands fueled an extensive debate during mark-up of a broader bill by the House Natural Resources Committee.
Interior Approves First Offshore Wind Project
The U.S. Department of the Interior has approved the Cape Wind project on federal submerged lands in Nantucket Sound, MA, but will require the wind farm’s developer to agree to additional binding measures to minimize the facility’s potential adverse impacts, Interior Secretary Ken Salazar said Wednesday.
Utah Senator Decries Proposed Fee Hikes on Oil, Gas
The Obama administration’s proposed fee hikes and new fees for onshore and offshore production on federal lands in the fiscal year (FY) 2011 budget will add to the jobless rate and drain revenues from the federal coffers, both of which would further aggravate the economic climate, said Sen. Robert Bennett (R-UT) last Tuesday.