The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

deepwater-drilling  domestic-energy  energy-policy  offshore-drilling  royalties  technology-innovation 

Jane Van Ryan

Jane Van Ryan
Posted April 21, 2010

Two new studies commissioned by API illustrate the benefits of the 1995 Deep Water Royalty Relief Act. As we explained on Monday, the act purposefully created financial incentives for drilling in the deep waters of the Gulf of Mexico, and it led to new technologies and huge investments in the production of domestic oil and natural gas.

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domestic-energy  efficiency  exxon  exxonmobil  offshore-drilling  offshore-technology  technology-innovation  offshore-drilling-in-california  santa-ynez 

Jane Van Ryan

Jane Van Ryan
Posted April 19, 2010

ExxonMobil reports that it has completed the world's longest well from an existing offshore fixed platform drilling rig. 

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deepwater-drilling  domestic-energy  earnings  edward-markey  energy-policy  jack-gerard  offshore-drilling  technology-innovation  windfall-profits  deepwater-drilling-technology  deepwater-royalty-relief-act  offshore-drilling-in-gulf  perdido 

Jane Van Ryan

Jane Van Ryan
Posted April 19, 2010

Many people in Washington and New York apparently have short memories. A case-in-point is the Deepwater Royalty Relief Act, which was passed during the Clinton Administration to encourage energy companies to develop oil and natural gas in the deep waters of the Gulf of the Mexico.

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deepwater-drilling  domestic-energy  drilling  gulf-of-mexico  offshore-drilling  perdido  technology-innovation 

Jane Van Ryan

Jane Van Ryan
Posted April 15, 2010

A few days ago, Shell's new oil platform Perdido began producing "first oil" in the Gulf of Mexico. To get a better understanding of the technology and engineering required to produce oil from the deep waters of the Gulf, take a look at this video

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domestic-energy  efficiency  royalties  technology-innovation  royalty-payments 

Jane Van Ryan

Jane Van Ryan
Posted April 13, 2010

The U.S. Interior Department yesterday announced that it will launch a nine-month study into royalty payments in other countries to determine whether U.S. royalty rates should be changed.

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domestic-energy  offshore-drilling  outer-continental-shelf  technology-innovation  virginia 

Jane Van Ryan

Jane Van Ryan
Posted April 6, 2010

In today's episode, I interview Erik Milito, API's group director of upstream and industry operations, about President Obama's plan to open areas on the Outer Continental Shelf for offshore drilling. Erik says this is a step in the right direction, and explains how opening even more areas offshore could benefit the economy. 

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deepwater-drilling  domestic-energy  offshore-drilling  offshore-platform  perdido  technology-innovation 

Jane Van Ryan

Jane Van Ryan
Posted April 5, 2010

On the same day President Obama announced his offshore drilling plan, Shell announced that it "smashed the water depth record for an offshore oil drilling and production by over 50%" by starting oil production at its Perdido platform

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climate-change  efficiency  epa34  greenhouse-gas-emissions  technology-innovation 

Jane Van Ryan

Jane Van Ryan
Posted March 26, 2010

While members of Congress have been considering proposals to reduce greenhouse gas emissions (GHGs), the oil and natural gas industry has been investing in technologies that have reduced GHGs from its facilities and processes. 

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domestic-energy  drilling  florida  florida-offshore-drilling  gulf-of-mexico  job-creation  offshore-drilling  offshore-energy-development  technology-innovation 

Jane Van Ryan

Jane Van Ryan
Posted March 24, 2010

In a Tallahassee Democrat op-ed published this week, the Florida Petroleum Council's Dave Mica challenges recent inaccurate claims that oil and natural gas jobs are declining and production off Florida's coast will harm the tourism industry.

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