Yes but kind of no. From what I heard, companies have the leases to build the drilling equipment but they don't have the leases to permit actual drilling.
Ug. It's what Biden meant when he alluded to wanting to completely shut down drilling. Oh, and it gets worse - no drilling = no 500+ items that require oil to manufacture.
SURE JOE BIDEN GAVE ME A OIL LEASE; PROBLEM IS HE ORDERED THE EPA AND ARMY CORP. OF ENGINEERS TO PERMANENTLY BLOCK PERMITS FOR A ROAD OR PIPELINE TO GET THE OIL TO MARKET. OLD PEDRO AND ME CAN ONLY TRANSPORT ONE BARREL EVERY TWO DAYS. BUILD BACK BETTER !