Major Indicators Down on Federal Oil & Gas During the Obama Administration

March 15, 2017

DENVER – The Bureau of Land Management (BLM) released its data for fiscal year 2016 and all major indicators for the federal onshore oil and natural gas program are down. Western Energy Alliance offered the following comments to BLM’s data:

“Who needs the Keep-It-in-the-Ground movement when you have the federal government doing the job itself,” said Kathleen Sgamma, president at the Alliance. “Every major indicator of oil and natural gas activity on federal lands is down. There’s a reason federal production lags far behind private and state lands. The redundant regulation and red tape over the past eight years have had their intended effects. We look forward to working with Interior Secretary Zinke to realize President Trump’s vision of encouraging American energy development and job creation. The statistics speak for themselves.”

2008

2016

Percentage
Change

Total Number of Leases in Effect

55,085

40,143

-27%

Total Number of Acres Under Lease

47,242,495

27,207,018

-42%

Number of Producing Leases

23,293

23,926

3%

Number of Producing Acres

14,543,425

12,771,829

-12%

Number of New Leases Issued

2,416

520

-78%

Number of New Leases Issued by Acreage

2,615,259

577,317

-78%

Number of Permits Approved

6,617

2,184

-67%

Total Number of Wells Drilled

5,044

847

-83%

“It’s no wonder natural gas production is down on federal lands 15 percent even as it has increased nationwide by 66 percent, and the growth of federal oil production at 69 percent lags far behind nonfederal production, which has skyrocketed 115 percent,” continued Sgamma. “The adversarial regulatory environment of the Obama Administration has had its intended effect. We hope the new administration will correct the bureaucratic foot dragging that has stifled responsible development on appropriate public lands and prevented tens of thousands of jobs. We call on the Senate to do its part as well by overturning the redundant BLM venting and flaring rule that usurps EPA and state authority.