6/1/22 - Live engineering research process, answering questions

Описание: US Federal oil and gas leases have had a lot of press lately and it's honestly a bit confusing where everyone is getting their facts. Come along with me as I walk you through my process for researching headlines and fact-finding for what the real truth of the matter is, from a petroleum engineer's perspective. I'll also be taking questions as I go and helping interpret some of these headlines.

https://www.pecantreeog.com

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LINKS MENTIONED:
March 3rd 2022 White House Press Briefing: https://www.whitehouse.gov/briefing-r...
March 31st, 2022 White House Statement https://www.whitehouse.gov/briefing-r...
VerifyThis article "*Biden claimed 9,000 oil drilling permits are unused. That’s true, but all work can’t begin ‘right now’" https://www.verifythis.com/article/ne...
BLM Oil & Gas Statistics: https://www.blm.gov/programs-energy-a...
BLM Application for Permits to Drill (APD): https://www.blm.gov/programs/energy-a...
BLM National NEPA Register: https://eplanning.blm.gov/eplanning-u...
Western Energy Alliance "Responding to the White House Blame Game on Leases" https://www.westernenergyalliance.org...
CNBC ‘Misleading’ to suggest 9,000 oil drilling permits going unused, says former energy secretary: https://www.cnbc.com/video/2022/03/17...
EnergyNet Upcoming Opportunities: https://www.energynet.com/calendar.pl



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CHAPTERS:
0:00 Intro
3:20 Headlines I've seen
11:52 BLM Oil & Gas Statistics
13:28 What is a permit vs a lease?
20:51 Number of Leases in Effect
24:09 Time to complete Application for Permit to Drill (APD)
27:28 Acreage offered at least sales
28:54 EnergyNet Listings
34:24 Increase of Royalty from 12.5% to 18.75%
39:08 Permits and Rigs across Permian vs BLM land leases
45:15 Looking at some permits across federal lands
54:15 Addressing things like Right of Way (ROW)

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CONTACT ME:

[email protected]
512-578-9160

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The Mineral Rights Forum (I answer questions here often)
https://www.mineralrightsforum.com/

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PECAN TREE OIL & GAS: Pecan Tree was founded by Tracy Lenz as Limited Liability Company in January 2020 (registered Texas Engineering Firm F-21124) to bridge the gap between mineral owners and the confusing, high-dollar world that is oil and gas. After being on the operator side for over a decade, Tracy witnessed firsthand how mineral owners rarely can afford the same data, experts, or software to be on a level playing field with the operators and buyers, yet have MORE at stake when deciding what to do with their minerals. Pecan Tree’s focus and efficiency make these resources available without a hidden agenda. We don’t buy minerals, we don’t work with billion dollar companies, and we run our shop 100% debt free. This flexibility lets us be innovative with technology, maintain the highest of standards (work quality, customer service, and ethics), and tailor pricing and scope to each client’s specific needs.

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ABOUT TRACY:
Over 16 years in the industry with over 14 years of experience analyzing and evaluating oil & gas properties
Licensed Professional Engineer in the State of Texas, PE# 132654
Certified Mineral Appraiser by the International Institute of Mineral Appraisers (IIMA), #2020-06
Master of Science in Petroleum Engineering from the University of Southern California
Bachelor of Science in Petroleum Engineering from the University of Texas at Austin
Experience with oil & gas minerals in Texas, Oklahoma, New Mexico, Louisiana, Gulf of Mexico, North Dakota, Utah, Colorado, and Kansas.

http://www.pecantreeog.com
[email protected]