Due to industry concerns over receiving permits to drill on federal and Native American land under a Biden Administration, most major producers have stocked up on federal permits over the last 12 months or shifted the bulk or entirety of their drilling activity plans to state and private surface areas. Despite the Trump Administration’s efforts to encourage more energy production on federal leases, there has only been modest oil and gas growth over the past few years. In 2019, gas production on federal and Native American land, including offshore leases, averaged 12.97 Bcf/d, according to data from the US Department of the Interior. This represents an increase of 231 MMcf/d since 2017, and a decline of nearly 400 MMcf/d from 2016. Nearly all the production growth over the past three years has been on Native […]