News & EventsLegislature Agrees To Modernize Oil And Gas Regulations During Interim « Back to Search Results
Leadership from the Minerals, Business & Economic Development Committee announced plans to update and modernize oil and gas regulations. They plan to work with the public and private sector along with Governor Mark Gordon during the interim session. The committee will study how to better align rules with current practices.
This comes as oil and gas companies battle it out to secure land without actually producing any oil or gas there. It's creating conflicts between industry and landowners, plus a loss of state revenue.