Wednesday, June 3, 2026

Regulators Reduce Offshore Drilling, Onshore Fracing Rules

Offshore rule amendments would save $228 million – BSEE The Trump administration is fulfilling its promise to reduce oil and gas regulation, rolling back offshore and onshore rules. The Bureau of Safety and Environmental Enforcement is considering revising the Production Safety Systems Regulations, regulations concerning offshore operations passed late last year. These rules require operators to use third parties to

BP U.S. Onshore’s Use of Smart Tech Drives 50% Reduction in Man Hours

BP’s U.S. onshore operations using drones, big data, augmented-reality smart glasses, multilateral wells “If you look at any industry, every single one is being turned inside out by technology,” Brian Pugh, Lower 48’s chief operation officer – production said. “The energy industry is no different.” BP said many of the new innovations being deployed across the Lower 48 business have

BP Moving to Denver from Houston

BP Moving to Denver from Houston

BP seeks access to key producing basins in Rockies, sees move as strategic platform for growth BP (ticker: BP) is moving a U.S. headquarters from Houston to Denver. The company said its U.S. Lower 48 onshore Denver headquarters operations will be closer to its asset position in the Rocky Mountain region, which the company designated as “an important energy hub of