Posted April 8, 2015
NOLA.com: Five years after the BP oil spill in the Gulf of Mexico, the oil and gas industry can respond and contain well blowouts offshore faster than ever before, said Don Armijo, CEO of the Marine Well Containment Co. But he said work remains to make sure containment equipment keeps pace with industry's push to drill in deeper waters.
Armijo, who spoke Tuesday (April 7) at a business lunch at The Roosevelt Hotel in downtown New Orleans, said Marine Well Containment Co. has the equipment to respond to oil gushers in up to 10,000 feet of water. The industry will outgrow that equipment, he said.
"We know there has been drilling proposed in areas much deeper than 10,000 feet of water," Armijo said. "That's the big thing. How do we actually get the technology put together so we can be deeper? These are the kind of things that are on our minds all the time."
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.
Posted March 19, 2015
In the video below, Pickup talks about her love for the outdoors and environmental roots – and how they’re compatible with safe, responsible energy development using advanced hydraulic fracturing and horizontal drilling.
Posted March 12, 2015
Ohio is returning to the ranks of the country’s leading energy-producing states – thanks to the Utica Shale and safe hydraulic fracturing and horizontal drilling. We say returning, because Ohio was one of the “cradle” states for U.S. oil production.
This “Back to the Future” aspect of Ohio energy is illustrated on the Energy From Shale website in a new photo gallery that features 19th-century photographs alongside contemporary shots for a fascinating then-and-now portrayal of the state’s oil and natural gas development.
Posted February 9, 2015
Let’s hope public hearings on the Obama administration’s draft offshore oil and natural gas leasing program – starting this week – help spark serious discussion of how the nation’s offshore energy reserves will be managed in the near future. Needed is greater public awareness of just how limited the administration’s approach is, reflected in a draft plan that simply doesn’t go far enough.
We say public awareness because the administration has been able to foster the perception that it favors more oil and natural gas development and energy infrastructure when, in fact, its policies have done little to support that development (did somebody mention the Keystone XL pipeline?).
In the case of offshore energy development, it’s important to move the administration toward a plan that actually increases access to reserves. The draft plan for offshore leasing for the 2017-2022 time period is less than meets the eye, offering just a single Atlantic lease sale in 2021 as part of the five-year program, which Interior Secretary Sally Jewell said could be withdrawn as the leasing plan process evolves. That’s not a balanced approach, that’s an attempt to manage the perceptions game.
Posted January 29, 2015
Offshore energy is getting lots of attention this week, which is good. Offshore energy is vital to America’s economy and energy security.
This week the Interior Department proposed the first draft of its next five-year program for offshore oil and natural gas leasing, in the 2017-2020 timeframe. While the draft plan doesn’t go far enough, it could include the first Atlantic lease sale in decades, and that would be a positive step. Meanwhile, on Thursday the federal government is scheduled to hold a lease sale for offshore wind in the Atlantic.
All of the above …
That’s more than a rhetorical flourish. America will need energy from all available sources in the future – thus the case for a genuine all-of-the-above strategy. We hope this week’s wind sale is successful.
Energy isn’t a zero-sum game, and neither is energy job creation. Offshore energy development of any kind can generate jobs and raise significant revenue for government. The country benefits and so do individual Americans – you know, folks holding the middle-class jobs everyone wants to support.
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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.
Posted January 22, 2015
Small business owner Laura Ross in Washington, Pa., has a stake in safe energy development and environmental stewardship.
In the new television ad below, Ross talks about how her café and other businesses in town have seen an economic boost because of nearby energy development. But she’s also mindful of the environment, because her business carries items produced by local farms. The fact that hydraulic fracturing has been done safely for more than 65 years is reassuring to her and her patrons.
Posted January 21, 2015
In a new API television ad, energy industry geologist Barbara Pickup calls the forest trails of Colorado her “streets” and the towering trees “my skyscrapers.” The Dillon, Colo., resident says she is for protecting the environment – but also for safe energy development, noting that hydraulic fracturing has been around for 65 years:
“Fracking will help secure America’s energy future, and I want to make sure we’re protecting the land and water, too. There has to be a balance.”
Posted January 5, 2015
We’ve got an energy revolution taking place in this country, but can we keep it going – and even better, can we increase it?
These and more will be the focus of the State of American Energy event on Tuesday from Washington D.C. You can watch the event live here beginning at 12:15 p.m. Eastern. Join in the conversation on Twitter using the hashtag #SOAE2015.