The U.S. Interior Department on Nov. 20 issued a directive titled Unleashing American Offshore Energy to replace the Biden administration’s 2024–2029 offshore leasing program with a more expansive plan set for completion by October 2026. The action begins development of the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program and reflects the administration’s…...
The Bureau of Land Management on Sept. 15 reported that an oil and gas lease sale covering 23 parcels in Montana and North Dakota generated more than $38 million in revenue. The sale, which encompassed roughly 7,600 acres, surpassed the agency’s total national energy and timber receipts from the last quarter. The results indicate increased…...
The U.S. Interior Department on July 17 announced that it has revised its procedures for states applying to federal programs intended at cleaning up abandoned oil and gas wells. The updated guidance modifies two grant programs—the $1.93 billion Orphaned Wells State Formula Grant Program and $780 million Orphaned Wells State Matching Grant Program. The revisions…...