CATEGORIZED | News

2012-2017 OCS program proposal outlines 15 potential lease sales in GOM, offshore Alaska

Posted on 15 November 2011

US Secretary of the Interior Ken Salazar has announced the proposed Outer Continental Shelf (OCS) oil and gas leasing program for 2012 to 2017, which makes available for exploration and development more than 75% of undiscovered technically recoverable oil and gas resources estimated in federal offshore areas.

The program includes six offshore areas where there are currently active leases and exploration and where there is known or anticipated hydrocarbon potential. It schedules 15 potential lease sales for the 2012 to 2017 period – 12 in the Gulf of Mexico and three off the coast of Alaska.

“Expanding safe and responsible oil and gas production from the OCS is a key component of our comprehensive energy strategy to grow America’s energy economy and will help us continue to reduce our dependence on foreign oil and create jobs here at home,” Mr Salazar said. “This five-year program will make available for development more than three-quarters of undiscovered oil and gas resources estimated on the OCS, including frontier areas such as the Arctic, where we must proceed cautiously, safely and based on the best science available.”

The proposed program reflects the need for a regionally tailored approach to offshore development that accounts for issues such as current knowledge of resource potential, adequacy of infrastructure, including oil spill response capabilities, and the need for a balanced approach to using natural resources.

“A key part of safe and responsible development of our oil and gas resources is recognizing that different environments and communities require different approaches and technologies. In Alaska and off its coast, the proposed program recommends that the current inventory of already-leased areas in the Arctic should be expanded only after additional evaluations have been completed, and in a manner that accounts for the Arctic’s unique environmental resources and the social, cultural and subsistence needs of Native Alaskan communities,” deputy secretary David J Hayes said.

Included in the proposal are lease sales in the Beaufort and Chukchi Seas, but the single sales are scheduled late in the five-year period to facilitate further scientific study and data collection and longer-term planning for spill response preparedness and infrastructure. The proposal suggests that any lease sale in the Arctic be tailored to protect sensitive environmental resources, including those accessed by Native Alaskans for subsistence uses.

The proposal will be open for public comment and consideration. A proposed final program and a final environmental impact statement will be submitted to the president and Congress after public comment and review periods.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 21 November 2014

    Statoil cancels Stena Carron rig contract offshore Angola

    Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola...

  • 19 November 2014

    Stepwise approach guides Statoil’s North American onshore path

    When Statoil entered the North American onshore industry in 2008, it was a non-operator in a joint venture (JV) with Chesapeake in one shale play. Since then, Norwegian-based…

  • 18 November 2014

    Stilley: Despite challenging outlook, opportunities are plenty in the long term

    Opportunities abound for the drilling industry even in an environment of high costs and falling oil prices, Randall D. Stilley, President & CEO of Paragon Offshore, said...

  • 18 November 2014

    In well control, an ounce of prevention is worth a pound of cure

    It has been more than four years since Macondo, and the long-term effects of the oil spill are still being determined. “Oil is a natural substance that can be degraded...

  • 18 November 2014

    Plaisance: Well Control Institute evaluating priority topics

    The Well Control Institute (WCI) Board of Directors convened on 11 November in New Orleans. Moe Plaisance, who recently retired from Diamond Offshore Drilling, has...

  • Read more news