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Capa de Oil and gas activity on public lands in the United States and Wyoming

a novel ·

Oil and gas activity on public lands in the United States and Wyoming

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Oil and gas production from Federal and Indian lands remains an important part of the nations need to have sufficient, secure, domestic mineral resources. A U.S. government agency, the BLM, provides an important role for supervising and managing all onshore …

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  • ● business & economics

the long version

Oil and gas production from Federal and Indian lands remains an important part of the nations need to have sufficient, secure, domestic mineral resources. A U.S. government agency, the BLM, provides an important role for supervising and managing all onshore exploration, development, and production operations that occur on Federal and Indian lands. The majority of onshore oil and gas production and revenue on public lands occurs from two BLM Administrative States, New Mexico and Wyoming. The decline of oil and gas activity on public lands since 1986, has severely impacted revenues generated from Federal and Indian oil and gas leases. Oil and gas revenues from public lands increased significantly in 2000 due to rising product prices. The U.S. trends in oil and gas production (oil declining, gas increasing) mirrors the trends of oil and gas activity on public lands in Wyoming.

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Margaret's verdict

"Oil and gas production from Federal and Indian lands remains an important part of the nations need to have sufficient, secure, domestic mineral resources. A U.S. government agency, the BLM, …"

— Margaret

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