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Oil

Montana Board of Oil & Gas Conservation Moves To Plug Abandoned Wells

The Montana Board of Oil and Gas Conservation told its staff last week to proceed with a change of operator request for the Well-Done Foundation that wants to take over 68 orphan oil and gas wells and intends to plug them. The Shelby-based nonprofit organization says that the move will save taxpayers more than $2 million that Montana would nee...

Rep. Rosendale Introduces Bill To Resume Lease Sales

Congressman Matt Rosendale has introduced the Restore Onshore Energy Production Act which              would require the Biden administration to immediately resume onshore oil and gas lease sales in compliance with the Mineral Leasing Act of 2020. On Voices of Montana Wednesday he said this would help alleviate the rising price of energy price...

Lease Sale Exceeding $1 Million Breaks Record

A record-setting oil and gas lease sale on state trust lands was announced today netting $1,187,194 from the first quarter of 2022. Approved by the State Board of Land Commissioners this morning the sale represents the most revenue from a sale since 2014. It also ranks as the seventh highest average bid price per acre in the history of oil and...

Senator Tester Approves Of Increased Domestic Oil Drilling

As the Biden administration looks to other foreign countries to make up for gaps in America’s oil supply resulting from the ban on Russian energy imports some congressmen are calling for more domestic production. Senator Jon Tester is among those in favor of this approach as opposed to approaching nations like Iran and Venezuela.

Montana Senators Co-Sponsor Bill To Restrict Russian Energy

As a part of continued efforts to weaking Russian President Vladimir Putin’s regime and increase American energy independence, Montana Senators Jon Tester and Steve Daines have co-sponsored legislation to block all Russian oil and gas imports to the U.S. Tester says the “Ban Russian Energy Imports Act” would hit Putin where it hurts.

Federal Land Drilling Remains In Question

The Biden administration is delaying decisions on new oil and gas drilling on federal land and other energy-related actions after a federal court blocked the way officials were calculating the real-world costs of climate change. Among the immediate effects is an indefinite delay in planned oil and gas lease sales on public lands in a half-doze...

BLM Misses Oil & Gas Lease Deadline

The Bureau of Land Management has missed the deadline to notice a sale on promised oil and gas leasing for the fifth consecutive quarter. The BLM announced November 1st it would complete an environmental assessment of 195 recommended parcels and accepted public comment through December 1st. The agency is also required to notice a sale at least...