Tag: OCS

Feds OK first-in-decades oil studies off East Coast

The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists concerned that the seismic research can harm whales and other marine life.  More »

Feds roll out details on Western Gulf lease sale

The Obama administration on Thursday released final details for its planned Aug. 20 sale of oil and gas drilling rights in the western Gulf of Mexico.  More »

Feds take first step toward new oil auctions

The Obama administration on Friday took the first step toward new offshore drilling sales three years from now, inviting the public to weigh in on what coastal acreage should be opened for oil and gas exploration.  More »

Feds launch planning for future offshore lease sales

The Obama administration is about to kick off the long process of deciding what offshore areas should be auctioned off for oil and gas drilling from 2017 to 2022.  More »

Oil companies bid big bucks for Gulf drilling rights

Oil and gas companies pledged hundreds of millions of dollars for drilling rights in the Gulf of Mexico on Wednesday, during a high-stakes auction that demonstrated their enthusiasm for offshore development and marked BP’s return to the bidding after a suspension related to the Gulf oil spill.  More »

BP makes first bids on Gulf drilling rights since post-spill suspension

BP is bidding on new drilling rights in the Gulf of Mexico for the first time in nearly two years, after a government contract suspension forced the oil giant to sit out on three government auctions of the territory.  More »

Fewer firms submit bids in offshore Gulf auction

Forty-two oil and gas companies will make plays for new Gulf of Mexico territory on Wednesday, in a closely watched, high-stakes auction of U.S. drilling rights that is viewed as a test of the industry’s appetite for offshore projects despite a drilling boom that is unfolding mostly on land.  More »

Feds order five companies to halt offshore work

The federal government has ordered five companies to cease their offshore oil and gas operations, after the firms failed to give regulators a required audit of safety plans newly required since the 2010 Deepwater Horizon disaster.  More »

Feds ask for industry input on 2016 Arctic auction

The Obama administration on Thursday kicked off the long process toward the first auction of oil drilling rights in Arctic waters since 2008.  More »

Governors send welcome note to Interior nominee: Open Atlantic for drilling

President Barack Obama’s new Interior Secretary nominee hasn’t been confirmed by the Senate yet — much less sworn in — but she’s already facing pressure to expand offshore drilling.  More »

Bids to boost offshore royalty sharing could move next year

A change in the leadership of the Senate Energy and Natural Resources Committee could give coastal states their best chance in years of winning a greater share of federal revenues for energy produced near their shores. Sen. Lisa Murkowski, R-Alaska, could advance a new plan next year.  More »

Report: GOP plan to allow drilling for dollars not lucrative in short term

A Republican plan to open up ANWR, the eastern Gulf of Mexico and Atlantic waters for oil and gas drilling wouldn’t be nearly as lucrative as its backers suggest, according to a new analysis.  More »
Page 1 of 3123