Connect with us

Nevada

Nevada third for federal oil potential in new study, but industry growth still unlikely

Published

on

Nevada third for federal oil potential in new study, but industry growth still unlikely


The federal government raised its estimate this week for how much oil and gas could be extracted from public lands in Nevada, placing the state third for oil potential.

Nevada holds 1.4 billion barrels of “undiscovered” oil beneath its public lands – only falling behind Alaska and New Mexico – and 1.2 billion cubic feet of gas, according to the newly compiled figures released by the U.S. Geological Survey last week.

“We think there’s resource potential there, and it just so happens there’s a lot of federal land,” said Chris Schenk, the lead author of the report.

Advertisement

The estimates are of “technically recoverable oil and gas resources” — many of which may not be economically viable to extract — that could be retrieved with current technologies. It’s the first time the agency has tallied the amount of oil and gas under national parks, wilderness areas and other public lands nationwide since 1998, according to Nevada Current.

Technology has improved significantly since then, increasing the estimated resources that could potentially be extracted from public lands, according to the report.

The analysis was prepared in response to a directive by the Trump administration to “unleash” domestic energy supplies. In February, Interior Secretary Doug Burgum directed his agencies to identify energy and critical minerals on public lands.

“American Energy Dominance is more important than ever, and this report underscores the critical role science plays in informing our energy future,” Burgum said in a press release announcing the study.

Advertisement

The report also comes as Republicans in Congress try to push a proposal that would allow the federal government to sell off several million acres of public land in Nevada, Utah and other Western states.

Nationally, the analysis estimated 29.4 billion barrels of oil and 391.6 trillion cubic feet of gas lie below all federal lands – enough oil to meet the county’s needs for four years and a dozen years in the case of natural gas.

The last federal analysis of undiscovered oil and gas resources on public lands in 1998, estimated about 7.8 billion barrels of oil and 201 trillion cubic feet of gas. 

Schenk, the lead author of the report, said the analysis uses decades of federal data to estimate the potential for oil and gas where it hasn’t been discovered yet, but there’s still room for “uncertainty.”

“Whenever you’re exploring for resources, whether it’s minerals or oil and gas, there’s uncertainty before you drill,” Schenk said. “There’s a lot of uncertainty, because it’s undiscovered.”

Advertisement

That uncertainty is reflected in the lack of oil and gas leasing in Nevada, despite available data pointing to potential sources in the state.

Nevada lease sales have long drawn little interest from industry. It’s not uncommon for large swaths of nominated land to never get a bid.

For example, the Bureau of Land Management offered five oil and gas parcels in Nevada totaling 6,800 acres this week. None of the parcels received a single bid. Those same parcels also failed to attract any industry interest in 2023 and 2024.

“We recognize that interest in Nevada is lower than other states in the West where development is more economical, such as New Mexico and Wyoming. The scale of this auction, for instance, was small relative to others,” said Aaron Johnson, the vice president of public and legislative affairs for the Western Energy Alliance trade group.

When land does get leased for oil and gas development, it underperforms in auction. From 2015 to 2024, the average bid per acre in Nevada was just $4.10—compared to $4,900 per acre in New Mexico.

Advertisement

Still, the Trump administration has pushed to lease more of Nevada’s public lands including 264,000 acres of public land in Elko County’s Ruby Mountains, a popular hunting and outdoor recreation site in Nevada. 

Drilling opponents remain skeptical that there’s much oil and gas in Nevada or that extracting it would make economic sense any time soon. They think the development push is rooted in speculation. 

“We’ve been leasing these low potential lands since the 1950s,” said Russell Kuhlman, the executive director of the Nevada Wildlife Federation. “We have yet to find anything that would get the oil and gas industry excited.”

Kuhlman said speculative oil and gas leasing in Nevada removes land that would be better suited for the recreation economy, wildlife conservation, or renewable energy development in the state.

Over 90 percent of public lands managed by the Interior Department in Nevada are available to be leased for oil and gas drilling. Once leased, public lands are locked up from being managed for multiple uses such as outdoor recreation and conservation for the life of the lease, which could be 10, 20 or even 30 years.

Advertisement

“That’s really where the issue is, once land is identified as an oil and gas lease, it’s essentially put in that folder and forgotten about by the Bureau of Land Management,” Kuhlman said.



Source link

Nevada

Winter storm warning blankets parts of California, Sierra Nevada

Published

on

Winter storm warning blankets parts of California, Sierra Nevada


play

A winter storm warning is in effect for parts of northern and central California as snowy conditions continue to hit the state, potentially bringing over a foot of additional snow to a region that already saw accumulation this weekend.

The National Weather Service sent out the warning for some elevated mountain areas, including West Slope Northern Sierra Nevada and Western Plumas County/Lassen Park above 4500 feet, and the cities of Chester, Blue Canyon and Quincy.

Advertisement

The alert warns of additional snow accumulations of 12 to 18 inches above 4500 feet, with up to 2 feet at the highest peaks, as well as minor snowfall accumulations of 2 to 4 inches down to 4000 feet. Winds could also gust as high as 45 mph, NWS said.

The warning is set to last through 11 p.m. local time on April 12, with mountain travel highly discouraged as conditions remain slick on the roads, the Sacramento NWS office said.

The potential for additional snowfall comes a day after parts of the state saw multiple inches collect in higher elevations.

The UC Berkeley Central Sierra Snow Lab, nestled in the Sierra Nevada at Donner Pass, reported early April 11 seeing nearly eight inches of snow in its area. With the snow described as wet and dense, the lab also predicted between 18 and 36 inches more accumulation over the night of April 11 and throughout April 12.

Advertisement

The NWS initially launched a winter storm watch alert for the Sierra Nevada mountain range area on April 10, advising of moderate to heavy snowfall over the weekend. The April forecast indicated that certain regions along the Sierra Nevada could receive up to 4 feet of snow and wind gusts as high as 45 mph, according to the NWS.

Northern California also braced for other severe weather this weekend, including potential thunderstorms, brief but heavy rain, erratic winds, hail up to “an inch in diameter,” and a small chance of “weak tornadoes,” USA TODAY previously reported. Other parts of the state saw thunderstorms, lightning, and floods, including in the Sacramento Valley.

Other parts of the United States are expecting a boost in warm weather this upcoming week, including parts of the Mid-Atlantic and Southeast, which could see temperatures hit the upper 80s from Tuesday, April 14, until Thursday, April 16.

Kate Perez covers national trends and breaking news for USA TODAY. You can reach her at kperez@usatodayco.com or on X @katecperez_.

Advertisement



Source link

Continue Reading

Nevada

Shooting in remote area of Nevada County leaves 1 dead, homicide investigation underway

Published

on

Shooting in remote area of Nevada County leaves 1 dead, homicide investigation underway



A deadly shooting in a remote area of Nevada County Saturday afternoon is being investigated as a homicide, deputies said. 

The shooting happened around noon on Yellow Pine Lane in the Grainteville Road area, deputies said. This is about 30 miles northeast of Nevada City.

One person died, and their identification has not been released.

Advertisement

A suspect is not in custody, deputies said Saturday evening.

No other details surrounding the incident have been provided and the investigation is ongoing. 



Source link

Continue Reading

Nevada

LETTER: Nevada and the Colorado River negotiations

Published

on

LETTER: Nevada and the Colorado River negotiations


In your recent editorial on the Colorado River talks, the Review-Journal is right that Nevada deserves fairness in these negotiations. Nevada uses the least water, leads in conservation and re-uses about 85 percent of what it draws.

So why is Nevada being positioned to give more? The Review-Journal makes the case against it, but stops short of addressing how years of prior negotiations have already set a precedent for Nevada to surrender portions of its legal entitlement. Southern Nevada Water Authority General Manager John Entsminger has advanced a plan that reportedly includes surrendering up to 50,000 acre-feet, nearly 17 percent of Nevada’s allocation, while upper basin states face no comparable requirement to improve recycling or reduce structural losses.

There is already plenty of “unfairness” to go around, particularly in how Southern Nevada residents have been expected to shoulder the burden (both financially and environmentally) in the name of “conservation.”

For years, water use reductions tied to Lake Mead levels have been driven in part by hydropower thresholds, while the public narrative has centered on the lake’s visible “bathtub ring” to justify restrictions. It is also worth noting that California benefits significantly from higher reservoir levels. Under the compact, water use within the system, not energy production, is the priority.

Advertisement

Now we are told the state will “fight like hell.” The question is: Why not fight for every drop of Nevada’s legal entitlement?

The editorial also does not address a critical fact: Colorado diverts a significant portion of its Colorado River water across the Continental Divide, sending much of it out of the system entirely. Nevada, meanwhile, returns most of what it uses.

Nevada has the smallest allocation, the highest efficiency, significant amounts of stored water and the infrastructure to access it. Yet its leadership appears to be negotiating as a mediator rather than defending those advantages. “Fighting like hell” for fairness means demanding accountability, not giving more away or allowing more to be taken.



Source link

Advertisement
Continue Reading

Trending