US drilling on federal and Indian lands surges in 2019

摘要

Applications for permits to drill on federal and Indian lands have increased by more than 300% over the past two years with New Mexico and Wyoming receiving most of the attention in the Permian and Green River Overthrust basins, respectively, as producers target oil-rich basins. US Secretary of the Interior David Bernhardt announced the Department of the Interior’s Office of Natural Resources Revenue disbursed $11.69 billion in fiscal year 2019 from energy production on federal and American Indian-owned lands and offshore areas. This represents a $2.76 billion increase in comparison to fiscal year 2018.