As more political appointments fall into place, the Trump administration is poised to deliver more energy-related executive orders and revocations and reviews of existing regulations. All federal agencies are in the process of reviewing all regulatory actions that could potentially burden domestically produced energy with an eye toward rescinding or amending those regulations. Final agency recommendations are due Sept. 25. At the same time, federal agency heads have been ordered to put a regulatory reform officer in place to review and reform burdensome regulations.
Federal actions
President Trump has signed a resolution repealing the Bureau of Land Management‘s 2.0 planning rule. On March 27 President Trump signed House Joint Resolution 44 by Liz Cheney (R-WY) into law. The joint resolution repealed a rule centralizing management of federal lands in Washington, D.C. Opponents of the rule claimed it diluted the concerns of local citizens. Additionally, the Energy Independence Executive Order, signed March 28, directs the Environmental Protection Agency (EPA) to review and, as appropriate, suspend, rescind or revise the 2016 rule establishing new source performance standards (known as Quad O) limiting methane emissions from new, modified and reconstructed sources in the oil and gas sector. The Order also directs EPA, “if appropriate” and “as soon as practicable,” to suspend, rescind or revise “any rules and guidance issued pursuant to” its oil and gas methane rule.
State/local actions
Colorado
- The Colorado Oil and Gas Association is reviewing Boulder County’s new drilling regulations in consideration of future legal action. The Colorado attorney general’s office continues to exchange legal arguments with the county’s current moratorium set to expire May 1.
Florida
- Senate Bill 442 by Dana Young (R-Tampa), a bill to ban hydraulic fracturing for oil and gas in the state, was killed when Chairman Rob Bradley (R-Orange Park) stated he would not schedule any more meetings for the Subcommittee on Environment and Natural Resources where the bill is assigned.
Maryland
- Governor Larry Hogan signed the state’s proposed hydraulic fracturing rule into law.
Oklahoma
- U.S. District Judge Stephen Friot dismissed the Sierra Club lawsuit attempting to impose federal rules on wastewater disposal and earthquake monitoring in Oklahoma via the Resource Conservation and Recovery Act.
- The Oklahoma Energy Producers Alliance is asking state lawmakers to increase the gross production tax to 7%.
Pennsylvania
- U.S. Magistrate Judge Martin Carlson threw out a $4.2 million jury verdict against Cabot Oil and Gas and ordered a new trial. However, before any new trial can commence, the judge ordered families in Dimock who claim their water had been contaminated by hydraulic fracturing to first seek a settlement with Cabot Oil and Gas.
West Virginia
- Senate Bill 576 by Charles S. Trump (R-Morgan), a bill to impose forced pooling on land and mineral owners, was not placed on the agenda for the state’s Committee on Energy, thus effectively killing the proposed legislation.
Recommended Reading
VTX Energy Quickly Ramps to 42,000 bbl/d in Southern Delaware Basin
2024-09-24 - VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-10-04 - The oil and gas rig count fell by two to 585 in the week to Oct. 4.
EY: How AI Can Transform Subsurface Operations
2024-10-10 - The inherent complexity of subsurface data and the need to make swift decisions demands a tailored approach.
Bowman Consulting to Manage, Monitor Delaware Basin Wells
2024-10-14 - Bowman Consulting Group’s scope of work includes conducting detailed field surveys of above-ground infrastructure assets across well sites of up to to 8 acres.
E&P Highlights: Oct. 7, 2024
2024-10-07 - Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.