Offshore Energy Production and the Environment

Today, the Senate's Energy and Natural Resources Committee held a hearing concerning environmental stewardship policies related to offshore energy production. (Watch the archive Webcast of the hearing).

Two of the witnesses--Shell President Marvin Odum and David Rainey, vice president for Gulf of Mexico exploration at BP America--discussed the oil and gas sector's strong environmental record and said that additional exploration and development was necessary to bring in needed much-needed supplies, reduce U.S. imports, create jobs and generate government revenues.

Advanced offshore technology, such as 3-D seismic surveys, has revolutionized the oil and natural gas exploration process, allowing the industry to have "eyes" underground. This technology improves the industry's ability to locate potential oil and natural gas reserves with greater accuracy and precision--and helps reduce a project's environmental footprint.

Additionally, subsea production systems are installed at depths of almost 10,000 feet of water in the Gulf of Mexico, where deepwater development plays a significant role in current and future energy production. Using this advanced technology, producers can use a single platform to develop resources from 40 miles away. Watch the video below on high-tech subsea production.

For more information on the hearing, read the witness testimonies, and for more on offshore development and technological innovation, read this comprehensive primer below on Offshore Access to America's Oil and Natural Gas Resources.

Comments

Related

Blog Posts

Made in America: Common-Sense Energy Regulatory Structu...

We talked recently about increasing access to domestic oil and natural gas as key to a made-in-America energy plan. Here’s another...

Blog Posts

Massachusetts, Jobs and the Shale Energy Revolution

Interesting report in the Boston Globe about how a ripple of economic benefits from shale natural gas development is reaching a non...

Blog Posts

Generation Next: Securing Tomorrow’s Energy Industry...

Recently, ExxonMobil Development Co.’s L.M. Tillman addressed a gathering at the Offshore Technology Conference on the subject of e...

Blog Posts

Keystone XL: Safety, Reliability and Jobs

TransCanada President and CEO Russ Girling has a letter to the editor in the New York Times after the newspaper’s recent editorial...

Blog Posts

Made in America: Increase Access for Secure Energy Futu...

American-made energy. With the Energy Information Administration projecting that the United States will need more than 16 percent a...

Blog Posts

Unused Leases? You’ve Got to be Joking!

The warmed-over claim that oil and natural gas companies aren’t using large numbers of leases on public lands is like a Mark Twain...

Blog Posts

Watch Live: Energy in an Election Year

.blog #main .post-body .video-wrapper { width:500px; height:418px; padding:0; overflow:visible; margin:0 auto 18px; } ....

Blog Posts

Job Creation To-Do List? Here’s Ours

Here’s the president talking about job creation Tuesday in Albany, N.Y.: “Now, we know the true engine of job creation in this...

Blog Posts

To the President’s Ear: Build the Keystone XL

In an interview with Fox Business Channel this week, billionaire Warren Buffett voiced support for construction of the Keystone XL...

Blog Posts

Ohio Summit: Talking Energy, Jobs

Editor’s note, 5/3: The event has concluded; see below for the archived videos. There’s not a better venue for a high-level discu...

Blog Posts

Keystone XL: Put Workers to Work, Mr. President

Key points made by the president during Monday’s speech at a conference of the AFL-CIO’s Building and Construction Trades Departmen...

Blog Posts

‘If I Wanted America to Fail …’

Here’s an abbreviated version of a video by Free Market America on administration policies that the group says are undermining dome...

Blog Posts

The Right and Wrong Side of the Energy Divide

Interior Secretary Ken Salazar talked about a divide in America between the “real energy world and the imagined energy world” durin...

Blog Posts

No More Excuses on Keystone XL

In response to a question about the Keystone XL pipeline back in January, White House Press Secretary Jay Carney told reporters: “[...

Blog Posts

Mr. President, Approve This Pipeline

No more political posturing, no more pretending the only thing holding up the Keystone XL pipeline is that it needs more study, Mr....

Blog Posts

There He Goes Again…

There has been a lot of good analysis of the president’s latest pursuit of alleged manipulation in the oil trading markets. The Cou...

Blog Posts

Behind the Latest Gulf Rig Count Numbers

Reuters reports that eight deepwater drilling rigs are expected in the Gulf of Mexico this year, which would bring the active deepw...

Stay Connected