Industry News

Budget deal gives boost to US-Mexico Gulf treaty

Posted on December 11, 2013 at 9:55 am by Jennifer A. Dlouhy Pacific Drilling's Santa Ana drillship struck oil at Chevron's Coronado prospect in the Gulf of Mexico. (Pacific Drilling) WASHINGTON — Legislation to enact a long-stalled international treaty governing oil drilling along the U.S.-Mexico border in the Gulf is […]

The Motley Fool “Should We Drill Off of the Atlantic Coast?”

By Matthew DiLallo December 6, 2013 There could be as much as 10 billion barrels of oil and gas off of America's Atlantic coast. But according to former Interior Secretary Ken Salazar, "We really don't know a lot about what's down there." In fact, he […]

Free Enterprise: “Study: Atlantic Coast Energy Development Will Create 280,000 Jobs”

by Sean Hackbarth Dec 6, 2013 Offshore energy production has been declining for years. Bad policies have made 86% of the U.S. coast off-limits to safe development. That has inhibited job creation and economic growth, but better policies can reverse this. A new study, produced by Quest […]

IAGC President Applauds API and NOIA for Study on Economic Benefits of Atlantic Offshore Oil and Gas Development

12/06/2013 HOUSTON, TX--(Marketwired - Dec 6, 2013) - International Association of Geophysical Contractors President Chip Gill today issued the following statement on the joint API and NOIA commissioned study on the economic benefits of increasing access to offshore oil and natural gas in the Atlantic: […]

Rep. Jeff Duncan (R-SC) Press Release on NOIA/API Atlantic OCS Study

New Study Shows Drilling = Jobs for SC Dec 6, 2013 Washington, DC- A new study released today takes a deep dive into what energy exploration off the Atlantic coast would mean for South Carolina. The study’s findings: more jobs, more investment, and more revenue. If the […]

New Offshore Atlantic Coast Study Could Spur Economy

December 06, 2013 Study Shows that Developing Atlantic Offshore Oil and Natural Gas Could Spur 280,000 New Jobs and Add $Billions to the Economy and Government by 2035. A new study released by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) shows that opening […]

McDonnell welcomes offshore Va. energy report

By Associated Press, Published: December 6 RICHMOND, Va. — An industry-sponsored study concludes the development of oil and gas reserves off Virginia’s coast would create thousands of jobs and grow the economy. Gov. Bob McDonnell welcomed the findings of the study, jointly produced by the […]

Rep. Scott Rigell (R-VA) Press Release on NOIA/API Atlantic OCS Study

New Study Shows Coastal Energy Could Create 25,000 Jobs in VA Washington, Dec 6 New Study Shows Coastal Energy Could Create 25,000 Jobs in Virginia Energy development could generate billions of dollars in revenue for local schools and transportation projects Washington, DC - A new […]

Governor McDonnell Applauds Latest Study on Virginia Offshore Energy Potential

Press Release VA Governor Bob McDonnell Report: Oil and Gas Production Could Create 25,000 New Jobs; Generate $1.9 Billion in State Revenue – RICHMOND - A new study released today finds that offshore production of oil and natural gas could mean 25,000 new jobs in the Commonwealth […]

Report: Significant Economic Benefits Seen From Atlantic Oil, Gas Devt

By Karen Boman Rigzone Staff Thursday December 05, 2013 Opening U.S. Atlantic waters to oil and gas exploration could create significant economic benefits not only for U.S. Mid-Atlantic coastal states but throughout the United States as well, according to a recent report. Atlantic Outer Continental […]
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