The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

offshore-energy  oil-and-natural-gas  arctic  gulf-of-mexico  atlantic-ocs  us-energy-security  access 

Mark Green

Mark Green
Posted April 28, 2017

America’s future energy security – which figures so prominently in the nation’s overall security – is the big winner in President Trump’s newest executive order that aims to increase access to U.S. offshore oil and natural gas reserves. While new energy development in the Arctic, Atlantic and other areas would be down the road, Washington clearly is signaling its new embrace of America’s offshore potential. For the world’s leading producer of oil and natural gas, that’s a big step forward. 

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offshore-energy  oil-and-natural-gas  gulf-of-mexico  seismic  safe-operations 

Mark Green

Mark Green
Posted October 19, 2016

Advances in seismic imaging technology and data processing over the last decade have dramatically improved the industry’s ability to locate oil and natural gas offshore. And those energy sources – especially in the Gulf – can be harnessed to create hundreds of thousands of jobs, help American consumers and strengthen our national energy security.

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offshore-energy  offshore-platform  oil-and-natural-gas  gulf-of-mexico 

Mark Green

Mark Green
Posted May 25, 2016

Heidelberg and other offshore production facilities are integral to U.S. energy security. The U.S. Energy Information Administration (EIA) estimates Gulf production will average 1.63 million barrels of oil per day (mb/d) this year and reach 1.91 mb/d by December next year, accounting for 18 percent and 21 percent of total U.S. crude oil production in 2016 and 2017, respectively.

Output from Heidelberg and other platforms reflects decisions made years ago – to buy leases and to invest in exploration and development. That’s why it’s critically important for robust planning now, starting with the government’s 2017-2022 offshore oil and natural gas leasing program that’s currently being put together by federal officials.

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offshore-drilling  oil-and-natural-gas  boem  access  arctic  gulf-of-mexico 

Mark Green

Mark Green
Posted May 11, 2016

Some points for the Senate Energy and Natural Resources Committee to consider when it meets next week to review the Obama administration’s proposed 2017-2022 program for offshore oil and natural gas leasing.

First, offshore oil and natural gas production historically has played a major role in overall U.S. energy output. In 2010 more than 30 percent of U.S. oil and 11 percent of U.S. natural gas was produced in the Gulf of Mexico. So, while it’s great that the U.S. Energy Information Administration (EIA) estimates  that Gulf production will increase to record high levels in 2017, every American must recognize that reaching record Gulf output next year would result because of leasing decisions made a decade or more ago.

In that context, let’s be clear: The federal offshore leasing program must reflect energy leadership and vision, and it must be focused on fostering opportunity. It must not reduce America’s offshore energy potential by keeping key offshore areas off the table for development.

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offshore-energy-development  offshore-leasing  gulf-of-mexico  alaska  arctic  atlantic-ocs 

Jack Gerard

Jack Gerard
Posted March 23, 2016

The Obama administration’s decision last week to eliminate the Atlantic from the next federal offshore leasing plan is a step backward for American energy policy. Despite bipartisan support in Congress and from voters in coastal states, the administration is doubling down on a shortsighted policy that keeps 87 percent of federally controlled offshore acreage off limits to energy exploration.

Expanding access to America’s energy resources – both offshore and onshore – is vital to our future energy security and economic growth.

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analysis  gulf-of-mexico  center-for-offshore-safety  offshore-safety  offshore-operations  industry-standards  bop34  bsee  job-growth 

Mark Green

Mark Green
Posted September 14, 2015

Safe, responsible energy development in the Gulf of Mexico is vital to the U.S. economy and job growth, as well as U.S. energy and national security. Each of these points likely will come up during a U.S. House Natural Resources Committee hearing on the impact of federal policies on energy production and economic growth in the Gulf, Tuesday in New Orleans.

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analysis  access  offshore-energy  offshore-leases  gulf-of-mexico  boem 

Mark Green

Mark Green
Posted August 20, 2015

Some observations on this week’s federal oil and natural gas lease sale in the Western Gulf of Mexico, reported with alarm by some media outlets because it wasn’t as large as other recent sales.

First, every lease sale is welcome. Access to U.S. offshore reserves represents opportunity for energy development, job creation, economic growth and greater American energy security. We need more offshore opportunities to support the strategic, long-term energy security of the United States – advanced by a robust offshore energy sector.

This week the Bureau of Ocean Energy Management (BOEM) announced five companies submitted 33 bids on 33 tracts in the Western Gulf, with high bids totaling about $22.7 million.

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center-for-offshore-safety  offshore-development  cera  safety-standards  gulf-of-mexico  oil-spill  bp234  macondo-well 

Mark Green

Mark Green
Posted April 22, 2015

Just a few minutes after BP Group Chief Executive Robert Dudley addressed a CERAWeek luncheon crowd on post-Macondo efforts that have seen the company spend  more than $44 billion on Gulf response and cleanup, I talked with Center for Offshore Safety Executive Director Charlie Williams about the center’s work to increase the safety culture in offshore energy development. Williams, who was named to his position in March 2012, talked about systems approaches to safety and what the center has learned about offshore safety in its first annual performance report, issued earlier this month. Highlights of the conversation below.

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offshore-safety  center-for-offshore-safety  macondo-well  oil-spill-response  oil-spill-prevention  gulf-of-mexico  deep-water-drilling  industry-standards 

Mark Green

Mark Green
Posted April 9, 2015

Three zeroes stand out in the first annual performance report by the Center for Offshore Safety (COS), the oil and natural gas industry-led initiative to promote continuous offshore safety improvement following the 2010 Macondo incident: Zero fatalities, zero loss-of-well-control incidents and zero oil spills equal to or greater than 10,000 gallons in Gulf of Mexico operations.

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oil-and-natural-gas-development  safe-operations  leasing-plan  offshore-drilling  economic-benefits  atlantic-ocs  gulf-of-mexico  alaska  pacific-outer-continental-shelf-ocs  interior-department  boem  federal-leases 

Mark Green

Mark Green
Posted January 28, 2015

Three maps, two views of America’s offshore energy wealth.

One reflects vast offshore oil and natural gas resource potential – nearly 50 billion barrels of oil and more than 200 trillion cubic feet of natural gas. We say potential because these areas represent the 87 percent of America’s federal offshore acreage that has been closed to exploration and development, dwarfing the areas where development is allowed.    

Nonetheless, what’s visible is the profile of an offshore energy giant, an offshore superpower. This is energy muscle waiting to be flexed. These are resources that could benefit Americans in terms of energy security, as more oil and natural gas is safely and responsibly produced right here at home, as well as job creation and economic stimulus.

That’s what energy superpowers do. They develop their resources to increase their security in a world where secure energy is fundamental to overall security. They develop their resources to fuel economic growth and to help ensure the prosperity of their citizens.  

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