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wdmso · 03-09-2022, 02:56 PM

Another FYI

According to the BLM, there were 63,000 onshore crude oil and natural gas wells on federal lands. The production from these wells accounted for 5 percent of U.S. crude oil production

Currently, there are 100,000 “producible and service” well bores located on federal oil and gas leases. That seems like a huge number, but it pales in comparison to the nearly 1 million oil and gas wells currently producing across the U.S., 900,000 of which are on state and private lands.Mar 18, 2021

I dont think a federal pause on leases is hurting them .. But if you listen to them the sky is falling

03-09-2022, 02:56 PM	#61
wdmso Registered User Join Date: Jun 2012 Location: Somerset MA Posts: 9,128	Another FYI According to the BLM, there were 63,000 onshore crude oil and natural gas wells on federal lands. The production from these wells accounted for 5 percent of U.S. crude oil production Currently, there are 100,000 “producible and service” well bores located on federal oil and gas leases. That seems like a huge number, but it pales in comparison to the nearly 1 million oil and gas wells currently producing across the U.S., 900,000 of which are on state and private lands.Mar 18, 2021 I dont think a federal pause on leases is hurting them .. But if you listen to them the sky is falling