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Utah oil and gas production rises; division pushes permit reform and updated bonding rules
Summary
The Division of Oil, Gas and Mining reported rising oil and gas output, outlined permit‑processing reforms and said it will propose updates to long‑unchanged bonding requirements to protect taxpayers and landowners.
Mick Thomas, director of the Division of Oil, Gas and Mining, told the committee that Utah produced ‘‘just over 65,000,000 barrels in calendar year '24,'' and that natural gas production also increased year‑over‑year. Thomas said the state—s oil and gas industry has grown rapidly and the division is pursuing permit reform, workflow modernization and ways to assist operators through federal and state processes.
Thomas described fiscal savings the division achieved by shifting board notices and dockets…
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