Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry


U.S. Interior agency speeds up process to lease oil, gas on federal land

WASHINGTON (Reuters) - The U.S. Department of the Interior this week quietly removed Obama-era reforms to the leasing of federal land for oil and gas drilling in a move to “simplify and streamline” the process, according to a memo sent to field staff on Wednesday.

The instruction memorandum sent to field officials by the acting director of the Interior’s Bureau of Land Management updated the review process for leasing out federal land for oil and gas production to speed up permitting of new lease sales.

The memo effectively erases the reforms implemented by the Obama administration aimed at including input from environmentalists and local tourist industry groups in the process of leasing federal land for drilling, which the oil and gas industry said was time-consuming and redundant.

“This (Instructional Memorandum) aims to simplify and streamline the leasing process for more efficient and effective oil and gas lease management,” the memo said, adding that policy changes would result in “additional revenue from increased lease sales” and reduced costs for environmental reviews and responses to protests.

The new policy would limit the environmental review of a specific lease sale to six months and no longer requires site visits by BLM officials.

“The clear direction is to issue as many leases as possible, as quickly as possible, without considering resource conflicts or the desires of local communities,” said Nada Culver, senior counsel at the Wilderness Society, a public lands advocacy group.

The previous administration decided to reform how oil and gas leases were approved after nearly 80 leases on land near national parks and monuments in Utah had to be canceled by BLM amid a barrage of lawsuits by environmental groups.

Under the Trump administration’s “energy dominance” agenda, the Interior Department has taken steps to undo environmental regulations and open up more federal land and waters to energy exploration.

(Reporting by Valerie Volcovici; Editing by Phil Berlowitz)


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
At CERAWeek by IHS Markit, held in Houston in March, IEA Director Fatih Birol said that the world would soon see a major second wave of shale gas production from the US in response to higher energy prices and growing demand from India and China.
Regional Focus
-Shem Oirere
Mozambique and Tanzania hold an estimated 180 Tft3 and 57 Tft3 of proven natural gas reserves, respectively.


Maximize Profitability with Advanced Analytics at Natural Gas Processing Plants

Register Now

Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
•Improve processing margins by up to 5%
•Maximize NGL production through improved availability and optimized process conditions
•Improve compositional control to operate closer to product specifications

May 22, 2018 10am CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2018 Gulf Publishing Company.