Monday, December 23, 2024

Oil And Gas Program News

NOIA Reacts as BOEM Announces Next Steps for GoM Oil & Gas

FOTOSTUDIO / Adobestock

National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the Gulf of Mexico:"We are pleased to see BOEM finally moving forward with the next step toward the first Gulf of Mexico oil and gas lease sale of the 2024-2029 offshore leasing program.

US EPA Takes Aim at O&G Methane Emissions

The Environmental Protection Agency on Thursday published the first U.S. regulations to target methane emissions from new or modified oil and gas facilities, one of the key remaining pieces of the Obama administration's climate change strategy. The rule, first proposed last August, outlines safeguards for preventing the escape of methane from new and modified oil and natural gas infrastructure…

OTC Names 2015 Award Recipients

Image courtesy of Petrobras

The 2015 Offshore Technology Conference (OTC), to be held May 4–7 at NRG Park, will kick off on Sunday, May 3 in Houston with the Annual OTC Dinner to honor the recipients of this year’s Distinguished Achievement Awards, this year recognizing Elmer (Bud) Danenberger III for individual achievement, the Petrobras pre-salt development for corporate achievement, and Ray R. Ayers with the Heritage Award.

Refracking Brings 'vintage' Oil & Gas Wells to Life

A fracking boom isn't enough for U.S. oil and gas producers - they're now starting the re-fracking boom. Wells sunk as little as three years ago are being fracked again, the latest innovation in the technology-driven shale oil revolution. Hydraulic fracturing, which has upended global energy markets by lifting U.S. crude oil output to a 25-year high, has been troubled by quick declines in oil and gas output.