Wirelines

Posted on 10 November 2009

INDUSTRY RESPONDS TO EU ENERGY ‘VISION’

The International Association of Oil & Gas Producers (OGP) has formally replied to European Energy Commissioner Andris Piebalg’s invitation for input on the EU Commission’s draft of a “vision” statement. As part of the commission’s Second Strategic Energy Review, the statement provides a framework for where the EU’s energy base and production should be by 2050. IADC contributed to the OGP reply.

References in the commission’s review are clearly biased against hydrocarbons, and the message was recently reinforced by EU president José Manuel Barroso’s call for a “decarbonised” EU energy future. In this context, the commission has expressed its intention to prepare a “roadmap” setting out the actions necessary to achieve a zero-carbon electricity supply by 2050.

OGP’s measured response noted that oil and gas are likely to continue playing major roles in meeting energy demand for many decades. The response also highlighted technological advancements in E&P and in the mitigation of emissions to the environment. It noted the emergence of new sources of oil and gas, such as deep ocean, Arctic and shale. Of particular importance is the potential for natural gas as a preferred fuel because of its lower carbon content.

As oil is likely to remain essential as a transport fuel, the commission was also advised to foster its efficient use and continued availability.

LETTER TO MMS: EXPAND 5-YEAR OCS PLAN

In a letter to the US Minerals Management Service (MMS) addressing its 5-year OCS plan, industry groups urged the agency to expand potential lease sale areas to include “all areas of the OCS where there is an interest in hydrocarbon development.”

Sent in response to MMS’ request for comments on the draft program, the letter was drafted jointly by IADC, NOIA, IPAA, PESA, USOGA and the American Exploration & Production Council (AXPC). Leasing only 12 of the 26 total planning areas would be far too conservative, they said.

Flexibility in the plan will allow the energy industry to better respond to the nation’s energy needs. The shortsightedness and risks of limiting energy production to one small area of the OCS were already proven in hurricanes Katrina and Rita.

Industry groups also called for a full analysis of all OCS areas to determine the relative environmental risks, sensitivities and other analyses among the regions. Additionally, they advised that a predictable and reliable lease sale schedule be provided in the 2010-2015 program so companies can expeditiously explore for and develop hydrocarbons.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 16 April 2014

    Maersk Drilling takes delivery of ultra-deepwater drillship

    Maersk Drilling has taken the delivery of its second drillship, Maersk Valiant from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage toward the...

  • 16 April 2014

    Ensco orders new jackups from Lamprell

    Ensco has ordered two high-specification jackups, ENSCO 140 and ENSCO 141, for delivery in mid-2016 from Lamprell’s shipyard in the United Arab Emirates. The rigs will also...

  • 16 April 2014

    MPD/UBD successfully drills sidetrack after 6 failed conventional drilling attempts

    In the Brookeland Field in East Texas, conventional drilling methods failed in six attempts to drill a “straightforward” horizontal wellbore. The original well had surface casing installed...

  • 16 April 2014

    Chevron’s DGD training program serves array of learners across generations

    Since 2008, more than 400 people – from operators, drilling contractors, service companies and regulators – have completed Chevron’s dual-gradient drilling (DGD) training...

  • 16 April 2014

    Pacific Drilling integrates ‘disruptive’ DGD technology into 7th-generation drillship

    A disruptive technology is one that “gets its start away from the mainstream of a market and, then, as its functionality improves over time, invades the main market,” as defined by Harvard...

  • Read more news