Offshore Oil

US Offshore Holds ‘Huge Potential’

Photo: Chevron/Statoil Two new studies by Quest Offshore Inc. for the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show vast potential energy and economic benefits to the U.S. if the Eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) […]

Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico

SAN RAMON, Calif.--(BUSINESS WIRE)--Jan. 6, 2015-- Chevron Corporation (NYSE:CVX) today announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. The Anchor well was drilled by Pacific Drilling's Pacific Santa […]

Chevron Announces Gulf of Mexico Discovery

Posted on January 6, 2015 at 10:28 am by Ryan Holeywell HOUSTON — Chevron Corp. said it’s made a significant discovery in the Gulf Of Mexico about 140 miles off the coast of Louisiana. But the company did not announce the volume of reserves believed […]

Oil price extends drop below $50

By Laura Barron-Lopez - 01/06/15 08:29 AM EST The price of oil extended its decline on Tuesday with both Brent and U.S. crude oil benchmarks trading at their lowest levels since 2009. The continued decline follows a plummet in oil prices on Monday, the Wall […]

NOIA Comments on New BOEM Director

For Immediate Release: Thursday, December 18, 2014 Contact:  Nicolette Nye, (202) 465-8463, nicolette@nullnoia.org  NOIA Comments on New BOEM Director  Washington, D.C. – National Ocean Industries Association President Randall Luthi today issued the following statement regarding selection of Abigail Hopper as Director of the Bureau of Ocean Energy […]

NOIA Statement on Bristol Bay Action

For Immediate Release: Wednesday, December 17, 2014 Contact:  Nicolette Nye, (202) 465-8463, nicolette@nullnoia.org  NOIA Statement on Bristol Bay Action Washington, D.C. – National Ocean Industries Association President Randall Luthi issued the following statement regarding President Obama’s action on Bristol Bay:  “It is hard to understand President Obama’s […]

Louisiana stands to gain more than 31,000 jobs

WASHINGTON, DC, Nov. 19 11/19/2014 By Nick Snow OGJ Washington Editor Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs and raise more than $200 billion in revenue for […]

Louisiana would get big economic boost from eastern Gulf of Mexico drilling, report says

By Jennifer Larino, NOLA.com | The Times-Picayune on November 20, 2014 at 1:05 PM, updated November 20, 2014 at 9:46 PM Louisiana stands to gain more than 31,000 jobs and nearly $344 million per year in new state revenue over the next two decades if […]

Rigzone- Studies Highlight Job, Economic Potential of Expanding US Offshore Leasing

by Karen Boman| Rigzone Staff| Wednesday, November 19, 2014 The United States could create almost 840,000 jobs and generate more than $200 billion in government revenue by opening the eastern Gulf of Mexico and U.S. Atlantic and Pacific Outer Continental Shelf (OCS) to offshore oil […]

Bob Alario Op/Ed- “Move Forward With Seismic Testing”

Greenville Online (SC) by Robert Alario November 21, 2014 The federal government has finally given the go-ahead for seismic surveying of potential offshore oil and natural gas resources along the Atlantic Ocean’s outer continental shelf, including the Carolina coast. Seismic surveying is the most important […]
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