Media Releases

Media Releases

24 August 2021

Joint Industry Effort for Thorough Assessment of Stakeholder Impact when Amending Essential Fish Habitat Provisions

IADC, along with five other industry organizations, submitted comments on proposed amendments to Essential Fish Habitat provisions maintained by the Gulf of Mexico Fisheries Management Council. The organizations outlined concerns that assessment of non-fishing activities in the Gulf of Mexico have not been adequately considered.
18 August 2021

IADC Joins Lawsuit Challenging DOI Leasing Ban

Yesterday the Biden Administration’s suspension of new oil and gas leases on federal land and waters, pursuant to Executive Order 14008, was blocked nationwide by a Federal judge in U.S. District Court in Louisiana. IADC President Jason McFarland issued a statement in response.
30 June 2021

IADC Comments on Leasing Ban Block

Yesterday the Biden Administration’s suspension of new oil and gas leases on federal land and waters, pursuant to Executive Order 14008, was blocked nationwide by a Federal judge in U.S. District Court in Louisiana. IADC President Jason McFarland issued a statement in response.
22 April 2021

IADC Statement on Bipartisan Natural Gas Bill

Representative August Pfluger (R-TX), joined by Representative Henry Cuellar (D-TX), introduced the Natural Gas Export Expansion Act – a bill that would expand existing expedited LNG approval authorities and encourage a robust global energy supply chain. "IADC is encouraged to see this bipartisan legislation and applauds Congressman Pfluger and the other leaders of the Texas delegation for their continued work on critical issues affecting our energy landscapes.”
25 February 2021

IADC Applauds Bipartisan Energy Bill

Today Representatives Kevin Brady (R-TX) and Henry Cuellar (D-TX) introduced a bipartisan bill, the More Energy More Jobs Act of 2021. The bill would require at least two area-wide lease sales annually in the Western and Central Gulf of Mexico, as well as allow U.S. Governors to formally nominate areas for offshore natural gas and oil development. “IADC strongly opposes any effort to categorically restrict leasing activities on federal lands or in federal waters and remains steadfast in supporting policies that enable safe and efficient drilling activities in the U.S. and abroad.
12 February 2021

IADC Comments on Postponement of March Oil and Gas Lease Sales

IADC President Jason McFarland issued the following statement in response to the Bureau of Ocean Energy Management’s announcement that it is rescinding the Record of Decision (ROD) for the Gulf of Mexico (GOM) Oil and Gas Lease Sale 257: “The Bureau’s decision to postpone the planned March lease sale is disappointing and brings further uncertainty to the livelihoods of hundreds of thousands of American energy workers earning a living in Colorado, Montana, New Mexico, Wyoming, and offshore in the Gulf of Mexico.
27 January 2021

Federal Leasing Ban Impedes US Economic Growth

Today the Biden Administration announced executive action that will restrict oil and natural gas leasing on federal lands and in federal waters. In response, IADC President Jason McFarland issued the following statement: “The executive actions announced by the Administration today only serve to further curtail the ability of America’s natural gas and oil producers to successfully operate.
21 January 2021

IADC Comments on Department of Interior’s Suspension of Drilling Permits

Today the Department of Interior issued a temporary suspension on the approval of new drilling permits on federal land as part of President Biden’s pledge to halt oil and gas development in an effort to combat climate change. IADC President, Jason McFarland, issued the following statement in response: “IADC strongly opposes any effort to categorically restrict leasing activities on federal lands or in federal waters and remains steadfast in supporting policies that enable safe and efficient drilling activities in the U.S. and abroad.
20 January 2021

IADC Welcomes Collaboration with New Administration

International Association of Drilling Contractors (IADC) President Jason McFarland issued the following statement in light of Joseph R. Biden’s inauguration as the 46th President of the United States of America: “The International Association of Drilling Contractors is ready to begin working with the new Administration to ensure forthcoming policy developments aim to safeguard America’s energy independence as well as promote its energy workforce.
9 September 2020

Offshore Drilling Moratorium Extension a Step Backward for U.S. Energy

The International Association of Drilling Contractors (IADC) issued the following statement in response to the Trump Administration’s announcement regarding the 10-year extension of the moratorium in the Eastern Gulf of Mexico and expansion to the South Atlantic: “IADC believes these waters can be developed safely and in an environmentally responsible manner. A ban on responsible energy development unnecessarily impedes the United States’ energy leadership position and diminishes national security. It reduces the return to the taxpayers for responsible production of our nation’s natural resources.
29 July 2020

President Trump Visits IADC Member Drilling Rig in Permian Basin

Today President Trump visited the drilling rig of an IADC Member, Latshaw Drilling, one of the largest privately held drilling contractors in the United States. Mr. Latshaw was awarded the IADC Drilling Contractor of the Year award in 2018 – an award that recognizes outstanding lifetime achievements in technical innovation, safety and economic efficiency within the drilling industry...
16 June 2020

Jobs, Lost Wages and Revenue Loss; COVID-19 Ravages U.S. Energy Industry

Today, the House Energy & Commerce Subcommittee and the Senate Energy and Natural Resources Committee each hosted hearings focused on the ways that the COVID-19 pandemic has impacted the energy industry in the U.S. In response, IADC President Jason McFarland issued the following statement: “COVID-19 has hit IADC’s membership particularly hard. Since mid-March, more than 65% of all U.S. land rigs and 34% of offshore rigs have been idled due to loss of demand. Restrictions from COVID-19 combined with the flooding of the oil market by America’s adversaries has resulted in one of this industry’s worst periods of job and revenue loss.
27 March 2020

CARES Act to Inject Needed Relief for Small Businesses, U.S. Industries

In response to the U.S. Senate passage of the Coronavirus Aid, Relief and Economic Security (CARES) Act, International Association of Drilling Contractors (IADC) President Jason McFarland issued the following statement: "The COVID-19 pandemic, along with the collapse of worldwide oil markets and hardships across both the U.S. and global economies, has necessitated a government response that rises to the challenge of the crisis. Enactment of the CARES Act, expected on Friday, benefits the U.S. economy and the millions of Americans who work in the industries vital to this country’s success...
27 January 2020

IADC Supports Senate Passage of USMCA

In response to today’s Senate vote to advance the United States, Mexico, Canada Agreement (USMCA) trade deal, IADC President Jason McFarland said: “The Senate’s vote today to advance the USMCA trade deal is good news for the economies of the United States, Mexico and Canada.
11 April 2019

IADC Praises Senate Confirmation of David Bernhardt as Secretary of Interior

Today, the Senate confirmed David Bernhardt to lead the Department of Interior. In response, IADC President Jason McFarland issued the following statement: “As Secretary of the Interior, David Bernhardt’s mandate will be to develop the tremendous natural resources within the U.S., and to ensure that this is done in a safe and environmentally sound manner. The oil and gas industry in the U.S. employs an average of more than 540,000 people, generating more than $61 billion in wages and...