Exploration and Production

Industry & Government Changes Post Macondo - A presentation by Executive Director, Center for Offshore Safety, Charlie Williams, to Oil Spill Commission Action. April 2012

The administration’s backward energy policy is not helping to reduce gasoline prices and the proposed $85 billion tax increase on America’s oil and natural gas industry could result in less oil and natural gas for consumers, higher energy costs and the stifling of job creation while increasing the volatility of gasoline markets. This document demonstrates how the administration’s counter-productive approach to energy policy is at odds with the administration’s own “all-of-the-above” statements.

From time to time in this section of API’s web site, we will present information about some of these resource plays, and how investment, technology and environmentally sound operations are providing Americans with the energy we need.

Want to learn more about increased production, decreased imports, and the cars and homes that could be powered by untapped U.S. resources?

This standard provides environmentally sound practices, including reclamation guidelines, for domestic onshore oil and gas production operations.

Deepwater permits in the Gulf of Mexico are currently being issued at less than half the rate compared with pre‐moratorium levels, and shallow water permits are being issued at rates 40 percent lower.

This standard contains practices for isolating potential flow zones, an integral element in maintaining well integrity.

Gasoline prices are higher today at least in part because government has neglected to pay sufficient attention to the importance of producing more of our own oil and natural gas.

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.

In response to the Gulf of Mexico (GOM) incident, the U.S. oil and natural gas industry launched a comprehensive review of offshore safety.  Four Joint Industry Task Forces (JITFs) were assembled to focus on critical areas of GOM offshore activity:  the Joint Industry Offshore Operating Procedures Task Force, the Joint Industry Offshore Equipment Task Force, the Joint Industry Subsea Well Control and Containment Task Force, and the Joint Industry Oil Spill Preparedness and Response Task Force.