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Offshore 101: Energy for America’s Future Security

Soon, the Interior Department is expected to release its draft offshore leasing program that will shape natural gas and oil development on the federal outer continental shelf (OCS) for the next five years, 2019-2024. Recognizing that the leasing program only outlines where lease auctions could be conducted, let’s take a look at some offshore basics to provide full context to a process that’s critically important to our country’s future energy security.

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Natural Gas, Oil Industry Launch Environmental Partnership to Accelerate Reductions in Methane, VOCs

WASHINGTON, December 5, 2017 – America’s natural gas and oil industry today announced a landmark partnership to accelerate improvements to environmental performance in operations across the country. Focused initially on reducing methane and volatile organic compound (VOC) emissions, the Environmental Partnership includes 26 natural gas and oil producers, who produce a significant portion of American energy resources. Participating companies will begin implementing the voluntary program starting January 1, 2018.

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Seismic Needed for Informed Atlantic Offshore Discussion

A sensible, safe and forward-looking offshore energy strategy – one that acknowledges that keeping 94 percent of federal offshore acreage off limits to responsible development risks U.S. energy security – underscores the need for reliable scientific data to establish the size and location of offshore oil and natural gas reserves, through safe seismic testing. Every other discussion about where offshore development may occur in the years ahead is premature until the resource base is known. In this context, a recent claim that U.S. military priorities and offshore energy development in the Atlantic Ocean are mostly incompatible is just plain silly.

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Connect Offshore Policy With America's Energy Reality

What we see here are the outlines of a serious disconnect between current U.S. offshore policy and reality – that with the U.S. and the world projected to see significant growth in energy demand, the United States has more than 90 percent of its offshore reserves locked away, unavailable even for the studies and tests needed to determine the potential size and location of those reserves.

Given the long lead times needed to develop the offshore, the United States’ current policy posture needs a course correction. 

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Go For ‘Robust’ in New Offshore Leasing Program

Here’s the case for expanded opportunity within a new offshore oil and natural gas leasing program that federal officials are assembling: Safely developing American oil and natural gas on the outer continental shelf (OCS) is vital to the United States’ long-term energy and national security; we need new access to offshore areas, such as the Eastern Gulf of Mexico. Including them in the federal five-year plan will allow surveying to determine the location and size of oil and gas reserves; safe oil and natural gas production on the OCS could significantly boost local, regional and state economies; and advanced technologies, strong industry standards and a robust regulatory system work effectively together to protect workers, communities and the environment.

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Virginia Petroleum Council to Gov. McAuliffe: Virginians benefit from safe offshore energy development

RICHMOND, Va., August 17, 2017 – The Virginia Petroleum Council Executive Director Miles Morin released the following statement in response to Governor McAuliffe’s comments on the Interior Department’s oil and gas leasing program.  

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API: Expanding offshore energy opportunities will benefit American energy consumers

WASHINGTON, August 17, 2017 – API today urged the administration to expand the next five-year offshore oil and natural gas leasing program to include areas of the Outer Continental Shelf, including the Atlantic, Eastern Gulf of Mexico, and Arctic, with potential for new domestic energy resources, job creation, increased government revenue, and strengthened national security.

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The Offshore Energy Safety Imperative

As the Trump administration weighs opening the Mid-Atlantic outer continental shelf to future oil and natural gas development, a number of people who work and live in coastal areas appropriately question whether offshore energy can be developed safely, without undue risks. The answer is yes.

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API: New seismic impact statement disregards industry's operating record in Gulf of Mexico

Seismic surveys are a safe and proven technology that help make offshore energy development safer and more efficient. Advances in seismic imaging technology and data processing over the last decade have dramatically improved the industry’s ability to locate oil and natural gas offshore. In addition to the oil and natural gas industry, seismic surveys are commonly used by the U.S. Geological Survey, the National Science Foundation, and the offshore wind industry. A rigorous permitting process ensures that seismic surveys are properly managed and conducted so they have minimal impact on the marine environment. To learn more visit API's website here.

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API welcomes Senate support for U.S. offshore energy development

WASHINGTON, July 26, 2017 – API welcomed a letter sent today by 36 U.S. Senators to Interior Secretary Zinke in support of the safe and environmentally responsible development of our nation’s offshore energy resources as the administration begins developing a new five-year offshore oil and natural gas leasing program.

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