Regulacje i polityka gospodarcza · 03/12/1998

Onshore Oil and Gas Leasing and Operations

The Bureau of Land Management (BLM) is proposing to revise its Federal oil and gas leasing and operations regulations. This rule uses performance standards in certain instances in lieu of the current prescriptive requirements. These proposed regulations cite industry standards and incorporate them by reference rather than repeat those standards in the rule itself. Also, BLM's onshore orders and national notices to lessees would be incorporated into these regulations to eliminate overlap with existing regulations. This rule would increase certain minimum bond amounts and would revise and replace BLM's current unitization regulations with a more flexible unit agreement process. Finally, this proposed rule would eliminate redundancies, clarify procedures and regulatory requirements, and streamline processes.