CATEGORIZED | News

IADC applauds senators’ leadership in opposing drilling moratorium

Posted on 20 July 2010

From left: Senators Vitter, Cornyn, and Wicker.

From left: Senators Vitter, Cornyn, and Wicker.

IADC issued a news release on 20 July applauding the leadership of three US senators, David Vitter (La.), John Cornyn (Texas) and Roger Wicker (Miss.), who are opposing the federal moratorium on offshore permitting and drilling activities announced on 12 July by Secretary of the Interior Ken Salazar. The three Gulf Coast senators sponsored legislation (S. 3588) the previous week to lift the offshore drilling and permitting moratorium for companies that have complied with new safety and inspection requirements issued by the Department of the Interior.

“The men and women whose livelihoods depend on the offshore oil and gas exploration and production industry in the Gulf of Mexico deeply appreciate the efforts of our legislators to lift the drilling moratorium,” said IADC president Dr Lee Hunt. “Industry representatives have communicated to the Interior Department and Congress our industry’s strong commitment to rigorous requirements for well design, enhanced training, and adoption of safety case requirements for mobile offshore drilling units (MODUs). We are dismayed by the continued blanket suspension of deepwater drilling in the US Gulf of Mexico. Lifting the moratorium is critical to tens of thousands of jobs in the deepwater industry and to the oil and gas service sector in the Gulf Coast region and throughout the country.”

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