Insight
Federal leases and permits: how much could tight oil shrink?
Report summary
How severely could President Biden threaten US oil production? To answer this we have modeled a range of outcomes to show the timing and severity of how new onshore federal rules – if they become more invasive - could impact production. Why? The new administration wasted little time. New regulations have already been unveiled for oil and gas producers, with new federal lease sales on pause and approvals of new federal permits taken away from local offices and restricted to senior officials. Approved permits and existing federal leases appear safe, but unknowns mount into the future. Will approved permits be granted extensions if needed? Could any permits be revoked if new environmental regulations make them effectively void? Click through to understand the current regulatory framework, see which operators hold the largest permit backlogs, and how shifting activity to non-federal land could mute the overall supply impact.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global Upstream Update: our favourite slides and topics – December 2023
Key themes: dealing with instability; pursuing efficiency; investment dichotomies
$1,350
Insight
COP28: methane-related expectations
With methane set to take centre stage in discussions on emissions reduction at COP 28, we highlight our three key methane expectations.
$950
Insight
US Gulf of Mexico: 4 things to look for in 2024
We look ahead to what 2024 could have in store for the US GoM and discuss four themes that could shape the region.
$1,350