US federal land drilling permitting changes 2025| ��ƽ��

Opinion of oil and gas executives on changes in permitting times for federal land well drilling in the United States under President Trump between 2025 and 2029

Characteristic	Share of respondents
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Release date

January 2025

More information

Region

United States

Survey time period

December 11 to 19, 2024

Number of respondents

66 respondents

Special properties

Exploration and production executives

Supplementary notes

Original survey question: "How do you expect permitting times for drilling wells on federal lands to change over the next four years?"

Citation formats

The majority of U.S. oil and gas companies expect permitting on federal lands to become a lot easier under President Trump. According to a 2024 survey, ** percent of oil and gas executives believed that receiving drilling permits for federal lands would become faster.

Most promising oil basins outside of federal lands

The majority of oil and gas in the U.S. is produced from private lands, with most federal land leases being related to drilling offshore in the Gulf of Mexico. The Bakken and Permian basins lead in new-well oil production per rig. The Permian Basin, spanning Texas and New Mexico, remains the largest oil-producing region overall. Despite this productivity, the total number of operational U.S. oil and gas rigs generally decreased throughout the second half of 2024, reflecting moderate demand outlooks.

U.S. producers expected to spend more in 2025

Despite uncertainty over oil demand, the industry expressed willingness to increase spending in 2025. A 2024 survey indicates that ** percent of oil and gas executives anticipate increased capital expenditure in 2025 compared to 2024 levels. Much of this spending is expected to go toward strengthening existing endeavors.