CATEGORIZED | News

Raspino: IADC putting in ‘Herculean’ effort to fight drilling ban

Posted on 15 July 2010

Louis Raspino, Pride International

Louis Raspino, Pride International

Speaking just a day after the government issued new suspensions on Gulf of Mexico deepwater drilling, 2010 IADC chairman Louis Raspino urged attendees at the IADC Lifting & Mechanical Handling Conference on 13 July in Houston to individually write to their congressional representatives to make sure they understand the jobs and economic impact at stake.

On an industry level, IADC is “putting in a Herculean effort to make sure that our views are being heard in Washington,” said Mr Raspino of Pride International. “We’re trying to make sure that people in Washington understand that you can’t shut down an entire industry that is vital to the US economy and vital to US national security.”

It’s hard to find an example of a government action comparable to its reaction to the Macondo spill. When industrial accidents occur in other industries, it is extremely rare for the entire sector to be shut down.

However, with offshore drilling and with an administration in the White House that has made no secret of its preference for green energy over fossil fuels, politics have overtaken reason, Mr Raspino said. “Fossil fuel powers this world. It powers our transportation systems, our industrial systems. In my lifetime, in your lifetime and probably for the next several generations, it’s going to be as important as it is today. We can’t wish it away,” he said.

For the drilling industry, the potential impact of a six-month (or longer) ban on deepwater drilling would be catastrophic. Especially for the smaller companies that support the industry’s larger players, they won’t be able to survive in this climate of uncertainty. “We can’t hit the pause button on an industry for six months and expect everything to be there when you let it go… We’re not going to be able to put Humpty Dumpty back together again,” Mr Raspino said.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 30 July 2014

    Fugro’s DeepData pod provides data for deepwater riser monitoring

    Fugro has delivered a motion dataset from the BOP stack and lower riser of two deepwater wells in the Barents Sea using its DeepData pods. The DeepData pods...

  • 28 July 2014

    SDI completes 500th MagTraC MWD Ranging project

    Scientific Drilling International (SDI) has completed the 500th MagTraC MWD Ranging project. MagTraC was introduced in 1998 to target challenging applications...

  • 28 July 2014

    Modular offshore rig design reduces deployment costs

    William Jacob Management (WJM) has introduced an offshore rig design that reduces deployment costs and improves speed-to-market for upstream operations. The 3,000-hp...

  • 23 July 2014

    Halliburton promotes Jeff Miller to President

    Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...

  • 23 July 2014

    Statoil resumes production on Njord A platform

    Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...

  • Read more news