Regulatory climate shifting, positioning US for energy dominance

Under the Trump Administration, the oil and gas industry has transitioned from a defensive player constantly working against regulatory red tape to one poised for energy dominance, said Kathleen Sgamma, President of Western Energy Alliance (WEA), a trade and lobbying group. Still, legal and regulatory hurdles remain, and the WEA is working to challenge rules that curtail oil and natural gas development, such as those related to methane emissions and public land use planning. In this video from the IADC HSE&T Conference in Houston on 6 February, Ms Sgamma discusses the group’s regulatory rollback efforts, which include reducing approval time for a drilling permit from an average time of 257 days to 30-45 days. The group is also focusing on reducing federal regulations for drilling permits for wells with long laterals that run through small portions of federal lands. Watch the video for more information.