CATEGORIZED | News

IADC, API ask DOI for shallow-water exemption from drilling ban

Posted on 07 May 2010

Spurred by catastrophic potential job losses and ambiguities in the new-drilling ban issued by Washington, IADC and API have jointly asked the US Department of Interior for clarification and for an exemption for surface-stack drilling operations in less than 1,000 ft of water.

“A total ban on drilling in the US Gulf of Mexico threatens more than 10,000 jobs related to shallow–water operations alone,” remarked IADC president Dr Lee Hunt. “This is more than were affected by (Hurricanes) Ike and Katrina combined.”

The drilling ban results from the tragic Macondo blowout.

2 Comments For This Post

  1. Doug Withers Says:

    Thank you for soliciting our restrictive government. Although the incident is tragic and our government is more concerned about harming fish than the 11 different families affected by the death of their loved ones, the government’s reaction is knee jerk. We cannot continue to strangle the US citizen.

    Please inform on how the individual can get involved.

    Sincerely,
    Doug

  2. Butch Crabtree Says:

    it’s a shame that we who have strived so hard in our industry to be Pro_Active in our operations, now the federal Goverment is being reactive to this serious situtation we all have to work with.

    we can only hope that Common Sense is th evictor in this battle to allow our industry to continue without more restraints.

    Take time to pray for the forgotten eleven

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 29 January 2015

    PetroQuip deploys BigFoot toe sleeve in Anadarko Basin

    PetroQuip Energy Services successfully implemented its revolutionary toe sleeve, BigFoot, in a recent horizontal completion for an independent operator...

  • 28 January 2015

    Chevron collaborating with BP, ConocoPhillips to explore 24 leases in deepwater Gulf of Mexico

    Chevron will collaborate with BP and ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon...

  • 28 January 2015

    BP forms alliance to advance Paleogene discoveries in deepwater Gulf of Mexico

    BP has formed a new ownership and operating model with Chevron and ConocoPhillips to focus on moving two significant BP Paleogene discoveries closer to development...

  • 27 January 2015

    US EIA: Lower 48 oil production outlook stable despite expected rig count reduction

    The sharp decline in oil prices over Q4 2014, which has continued in January, is already having a significant effect on drilling activity in the US, according...

  • 27 January 2015

    Hess announces 2015 capital, exploratory budget

    Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources...

  • Read more news