Exploration & Production
In response to a Department of Energy October 25, 2013 request, the National Petroleum Council conducted a comprehensive study considering the research and technology opportunities to enable prudent development of U.S. Arctic oil and gas resources.
The oil and natural gas industry and the federal government have together taken great strides to enhance the safety of offshore drilling operations.
Seismic testing has been safely used in the U.S. and around the world for decades to locate potential new sources of hydrocarbon energy. But as the federal government prepares to allow seismic surveys off the Atlantic Coast, groups opposed to oil and natural gas development are actively spreading misinformation.
We are hearing a lot about the Administration’s leadership in driving oil production up. The fact is that production on federal offshore and onshore areas is down.
Exploration is the process of trying to find accumulations of oil and natural gas trapped under the Earth’s surface. Production is the process of recovering those hidden resources for processing, marketing and use. Access to oil and natural gas resources is critical to supplying the energy needs of American consumers, business and homeowners. For more information, see Oil & Natural Gas/Exploration and Production.