BLM Releases Revised Hydraulic Fracturing Draft Regulations
V&E Shale Insights - Tracking Fracking E-communication, May 22, 2013
On May 16, 2013, the U.S. Interior Department's Bureau of Land Management (BLM) issued a much-anticipated draft proposal for regulating hydraulic fracturing activities for the 700 million sub-surface acres of mineral estate of federal and Indian lands managed by BLM. BLM reviews and approves permits and licenses from companies to explore, develop, and produce energy on these public lands, and as a result, has the power to regulate the roughly 6 percent of domestic onshore oil production and 13 percent of onshore natural gas production. More than 90 percent of the wells drilled on lands managed by BLM employ fracturing techniques and would be impacted by these new regulations. BLM's 2013 revised draft rule includes several significant changes to the agency's previous proposal for regulating hydraulic fracturing. The public now has until June 24, 2013 to comment on the proposal before BLM finalizes the rule, although requests for an extension of the comment period have already been submitted to BLM.
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