Earlier this week Governor Mary Fallin, of Oklahoma, wrote Jeffrey Zients, the Acting Director of the Office of Management and Budget (OMB) about the Bureau of Land Management’s (BLM) proposed rule on hydraulic fracturing on Federal and Indian lands. Governor Fallin sent Mr. Zients a copy of a study done by the Oklahoma City University’s Economic Research & Policy Institute on the “Individual Well Costs from Proposed Rules Changes to Oil and Natural Gas Operations on BLM Lands” The study was commissioned by Devon Energy. The Governor encouraged OMB to review this study and reconsider the proposed rule.
Six weeks ago the BLM determined based on the thousands of comments they received on their proposed rule regulating these activities on federal lands that they needed to take another look at the entire rule. At that time we stated the following:
“This afternoon, in a victory for manufacturers and energy producers the U.S. Department of Interior’s Bureau of Land Management (BLM) announced it would redraft a proposed hydraulic fracturing regulation for wells operated on federal and Indian lands. The original rule sought to make radical changes to the chemical disclosure and well construction procedures oil and gas drillers must follow before they can receive their permits to drill”. (continue reading…)