BLM amends oil-shale rule to let royalty rates be set lease-by-lease

The US Bureau of Land Management announced final amendments to federal oil share regulations that give the Secretary of the Interior flexibility in setting rates lease-by-lease and require oil-shale operations to include environmental protection plans. Source: News


Watching Government: A time to be resilient

Soon after completing the nation’s first Quadrennial Energy Review, which focused on transportation, US Sec. of Energy Ernest G. Moniz said the results basically revealed a need for greater resilience. Source: News


Oil and economies

President Donald Trump received illustrative background from Canada for an early statement of energy policy lacking details but not importance. Source: News


Permian overload

The US exploration and production segment has undergone a dramatic transformation over the past 2½ years necessitated by lower crude oil prices. Source: News


Trump infrastructure order sends a welcome signal, associations say

President Donald J. Trump’s Jan. 24 executive order for expedited environmental reviews and approvals for high-priority infrastructure projects sent a welcome signal, officials from oil and gas associations said. Its implementation will need to take place within the context of existing laws, notably the 2015 Fixing America’s Surface Transportation (FAST) Act, they added. Source: […]


BHI: US rig count up 17, surpasses 700 mark

The US drilling rig count increased by 17 during the week ended Jan. 27 to 712 active units, according to data collected by Baker Hughes Inc. The overall rise continues to reflect a resurgence in units targeting crude oil, drilling horizontally, and based in the Permian basin.  Source: News