The two plaintiffs in the case
hold drilling leases with two gas companies, Norse and Chesapeake.
Not exact matches
Chesapeake Energy Corp. is pushing Ohio landowners to accept revised
lease contracts that would help the cash - strapped
driller save money while
holding on to its prized oil and gas fields.
Under the terms of a landmark tax reform bill, which opened the door for
drilling in ANWR, Interior's Bureau of Land Management (BLM) must
hold at least two
lease sales before December 2024 (E&E Daily, Dec. 20, 2017).
America has vast reserves of predictable shale gas, much of which is only being lightly
drilled to
hold expensive
leases.
Weiss said oil companies already
hold thousands of
leases to
drill for oil in the Gulf of Mexico.
Just weeks before the explosion, President Obama had announced a historic expansion of deep - water
drilling in the Gulf, where BP
held the majority of the
drilling leases.