News

2 May 2019

IADC Supports Interior’s Approval of Plan to Drill in Arctic Waters

“Interior’s approval yesterday of the Alaska Liberty project is a step forward in tapping the rich potential of the Arctic’s natural resources. Arctic reserves are estimated at more than 90 billion barrels of oil, and with decades of experience operating in Alaska’s harsh climate, drilling contractors have developed safe and effective environmentally sensitive methods to retrieve the region’s vast oil and gas reserves.
2 May 2019

New U.S., Mexico, Canada Trade Agreement a Win for Business, Oil and Gas Industry

“IADC is pleased to see the advancement of a new trade agreement with all three countries at the table. A trade agreement that promotes the swift movement of equipment and personnel across the borders in North America is important to IADC’s membership and we will continue to monitor it as it moves toward a Congressional vote.
2 May 2019

Revisions to BSEE Offshore Safety Rule Enhance Offshore Oil and Gas Safety, Operations

“IADC is pleased to see today’s results of the exacting approach taken by BSEE to enhance its production safety regulations. Far from making industry operations less safe, as detractors have alleged, the judicious assessment of all 484 provisions contained within the original 2016 rule will afford stakeholders an opportunity to effectively apply these revised requirements as they were originally intended.
2 May 2019

IADC Praises Coast Guard Withdrawal of Decades Old Offshore Proposed Regulation

“The withdrawal of this proposed rule by the U.S. Coast Guard is long overdue. After sitting on the shelf for nearly 20 years, the provisions contained in the proposed rule have long ago been rendered obsolete by an industry that prides itself on embracing technological advances.
2 May 2019

IADC Welcomes Revised BLM Rule

Today’s Interior announcement is gratifying in that industry concerns have been heard and the resulting regulation encourages energy development while still remaining vigilant about protecting the environment from unnecessary methane emissions.
2 May 2019

IADC Donates Drilling Matters Kiosk to Ocean Star Rig Museum

The International Association of Drilling Contractors (IADC) recently donated a kiosk loaded with interactive educational information about the upstream oil and gas industry to the Ocean Star Offshore Drilling Rig Museum and Education Center in Galveston, Texas.
16 April 2019

Wyoming Holds Oil and Gas Lease Sale

16 April 2019

Colorado Senate Passes Bill 181

13 March 2019

WellSharp Surpasses 100K-Trained Milestone