Octane Energy’s Jared Blong addresses US Congressional subcommittee

Posted on 07 July 2014

Jared Blong, past Chairman of the IADC Permian Basin Chapter, addressed the US House Subcommittee on Agriculture, Energy and Trade in June. IADC arranged the testimony addressing impediments facing the energy sector.

Jared Blong, past Chairman of the IADC Permian Basin Chapter, addressed the US House Subcommittee on Agriculture, Energy and Trade in June. IADC arranged the testimony addressing impediments facing the energy sector.

Jared Blong, CEO and President of Midland, Texas-based Octane Energy and past Chairman of the IADC Permian Basin Chapter, recently addressed the US House Committee on Small Business Subcommittee on Agriculture, Energy and Trade. IADC arranged the testimony. Witnesses at the subcommittee’s 26 June hearing, titled “The New Domestic Energy Paradigm: Downstream Challenges for Small Energy Businesses,” focused on the need to reduce impediments facing the energy sector and lifting the ban on crude oil exports as a part of a comprehensive energy policy.

The hearing examined the potential mismatch between the supplies of oil produced and the capacity of the refining sector to turn domestic crude oil into economically useful products. Committee members examined the impact this imbalance has on small businesses in the energy sector.

“I believe, as many do, that America has entered a new era of energy stewardship,” Mr Blong said. “Through technological breakthroughs in precision drilling and completion techniques, we can develop resources previously thought unreachable, unattainable and uneconomic.  And we can do so while maintaining the highest degree of environmental stewardship, safety and community compassion.”

IADC encourages members to participate in Congressional hearings. For more information, contact Bill Tanner at bill.tanner@iadc.org.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 31 March 2015

    ExxonMobil begins production at Hadrian South in Gulf of Mexico

    ExxonMobil has begun production in the deepwater Gulf of Mexico (GOM) at Hadrian South, with facilities tied back to the nearby Lucius project. Daily gross production...

  • 31 March 2015

    Active risk assessment, global sharing at core of Nabors safety intervention program

    Gagan Singhal, Area Manager at Nabors Drilling International, outlined a new safety intervention system that helps the company...

  • 30 March 2015

    National Petroleum Council: US can safely tap Arctic resources to secure energy needs

    Prudently developing US Arctic oil and natural gas resources would enhance America’s position as a global leader in energy production for the next 35 years...

  • 30 March 2015

    Joint safety improvement plan aligns HSE objectives, “language” for Shell, Halliburton

    Speaking at a joint presentation with Halliburton at the 2015 IADC HSE&T Asia Pacific Conference in Kuala Lumpur on 12 March, Alain Moonen...

  • 27 March 2015

    Gravity-deployed carbon composite cable completes first commercial deployment offshore Norway

    Ziebel, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that its Z-Line gravity-deployed...

  • Read more news