Airport Participation in Oil and Gas Development

Oil and gas development recently experienced a full economic expansion and contraction cycle during which certain airports located in Arkansas, Colorado, Louisiana, New York, North Dakota, Oklahoma, Pennsylvania, Texas, West Virginia, and Wyoming had the opportunity to participate in the most recent energy boom. This synthesis of airport practice reports on some of the lessons learned as energy prices went from their highest levels (in the mid-2000s) to some of their lowest (in 2015 and 2016). As the price of oil and gas has a long history of volatility, a view of the full price cycle has particular utility. This synthesis of airport practices presents a compilation of federal, state, and local regulatory frameworks; available airport oil and gas leases; municipal permits and ordinances; and case examples from targeted interviews with eight airports. Conclusions from the analysis provide data on practical considerations and responses involving oil and gas extraction through directional drilling from outside airport property and development of oil and gas wells on airport property.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Appendices; Figures; Glossary; Tables;
  • Pagination: 94p
  • Serial:
  • Publication flags:

    Open Access (libre)

Subject/Index Terms

Filing Info

  • Accession Number: 01667380
  • Record Type: Publication
  • ISBN: 9780309390217
  • Report/Paper Numbers: Project A11-03, Topic S01-12
  • Files: TRIS, TRB, ATRI
  • Created Date: Apr 23 2018 1:48PM