Rystad Energy looks at the potential impact of a federal acreage fracking ban. If fracking activity was to be eliminated on federal acreage, the result would be a widespread shift of capital from federal to private and state-owned acreage in a bid to replace lost oil volumes. That’s what recent analysis conducted by Rystad Energy suggests, according to the company, which outlined that such a fracking ban would likely have little immediate impact on nationwide oil and gas production figures. “Even in the long-term, the impact might be quite negligible as seen from the greater industry perspective,” Artem Abramov, head of shale research at Rystad Energy, said in a company statement. Abramov added, however, that such a ban “could have stronger negative effects on one key shale producing region in particular – the New Mexico portion of the prolific Permian Delaware Basin”. Oil production from federal lands surpassed one […]