“Today’s draft proposed program is an important step forward in the legislatively mandated process that will ultimately determine the available leasing areas for oil and gas development on the U.S. Outer Continental Shelf."
Today, the Senate Energy and Natural Resources Committee voted on legislation that would open parts of the Arctic National Wildlife Refuge (ANWR) to oil and gas development. It was approved with a vote of 13-10.
The International Association of Drilling Contractors (IADC) presented its Contractor of the Year Award to Dr. Tom Burke, President and CEO of Rowan Companies, during last week’s IADC Annual General Meeting in Austin, Texas.
n comments submitted today to the U.S. House Natural Resources Committee, IADC affirmed its support for H.R. 4239, the Strengthening the Economy with Critical Untapped Resources to Expand American Energy Act (SECURE Act).
Today, IADC joined with other industry trades to comment on the Bureau of Ocean Energy Management’s request for information and comments on the 2019-2024 Outer Continental Shelf Oil and Gas Leasing Program.
“IADC thanks the Committee for holding this hearing to discuss responsible development of our nation’s offshore oil and gas reserves. Offshore oil and gas is important as its operations support millions of American jobs, and contributes $2.8 billion in federal revenues, which has a large impact on the U.S. economy.