The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

access  oil-and-natural-gas-development  offshore-oil-production  alaska  regulation  us-energy-security 

Mark Green

Mark Green
Posted December 11, 2015

Then there’s this from Alaska: Falling oil revenues have the governor in that energy-rich state asking his legislature to plug a $3.5 billion hole in the state budget by imposing a small income tax (Alaska hasn’t had one for 35 years), other tax hikes, budget cuts and a reduction in the annual dividend Alaskans get from the state’s Permanent Fund.

Now, it might not bother you much that Alaskans soon could be paying higher taxes. But there’s another story playing out in Alaska and other places that should trouble all Americans: Access to U.S. energy is being restricted – by policy and regulation – in ways that could imperil America’s energy revolution and the generational opportunities that are being created by that revolution.

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oil-and-natural-gas-development  oil-production  shale-energy  hydraulic-fracturing  arctic  oil-sands  pipeline-construction  offshore-oil-production  safe-operations 

Mark Green

Mark Green
Posted April 6, 2015

MarketWatch:  U.S. oil production is on track to reach an annual all-time high by September of this year, according to Rystad Energy.

If production does indeed top out, then supply levels may soon hit a peak as well. That, in turn, could lead to shrinking supplies.

The oil-and-gas consulting-services firm estimates an average 2015 output of 9.65 million barrels a day will be reached in five months — topping the previous peak annual reading of 9.64 million barrels a day in 1970.

Coincidentally, the nation’s crude inventories stand at a record 471.4 million barrels, based on data from U.S. Energy Information Administration, also going back to the 1970s.

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offshore-oil-production  gulf-of-mexico  chevron  methane-emissions  federal-revenues  access  arctic  pipelines 

Mark Green

Mark Green
Posted December 3, 2014

New Orleans Times-Picayune: After more than a decade of work and a $7.5 billion investment, Chevron has started oil and gas production at its Jack and St. Malo fields in the deepwater Gulf of Mexico. The fields are among the largest in the region, expected to produce more than 500 million barrels of oil equivalent over the next three decades.

The Jack and St. Malo fields, discovered in 2003 and 2004 respectively, are located 25 miles apart in the Walker Ridge region of the Gulf about 280 miles south of New Orleans.

Oil and gas from the fields will flow back to a single, floating production platform located between the two fields. The platform has the capacity to produce up to 170,000 barrels of oil and 42 million cubic feet of natural gas per day.

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access  bakken-shale  boemre  boemre  deepwater-drilling  deepwater-drilling-moratorium  domestic-energy  drilling-permits  eagle-ford-shale  energy-information-administration  energy-policy  gulf-of-mexico  moratorium  offshore-drilling  offshore-drilling-moratorium  oil-production  permits  offshore-oil-production 

Jane Van Ryan

Jane Van Ryan
Posted January 3, 2011

The administration announced today that 13 oil and natural gas companies can resume deepwater drilling activities in the Gulf of Mexico without submitting revised exploration or development plans for supplemental environmental reviews. 

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access  deepwater-drilling  deepwater-drilling-moratorium  domestic-energy  energy-policy  gulf-of-mexico  interior-department  leasing  moratorium  offshore-drilling  offshore-oil  offshore-oil-production  cuba  eis34  gazprom  gulf-leases  lease-sale  offshore-oil-drilling 

Jane Van Ryan

Jane Van Ryan
Posted November 16, 2010

The Interior Department's plan to complete supplemental environmental reviews could prevent the U.S. government from holding a Gulf of Mexico lease sale next year, making 2011 the first year since 1965 that no Gulf leases would be sold for U.S. offshore oil production. 

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