Interior Department Plans Drilling Expansion

Thursday, February 09, 2006
The Department of the Interior proposed leasing drilling rights in waters south of the Florida Panhandle in the Gulf of Mexico in a new five-year drilling plan that also would open waters off Virginia. The plan will cover the years 2007 to 2012. If given final approval next spring after a public comment period, the plan would be more restrictive than some drilling advocates want but not restrictive enough for some Florida lawmakers. The proposal calls for leasing in a large part of a disputed tract known as Lease Sale Area 181. It follows new offshore boundaries between states that the department drew in January, which prompted distress among Florida lawmakers. The January map showed a boundary that does not follow the north-south landline between Alabama and Florida that many people assume when discussing which waters are off Florida as opposed to off Alabama or Louisiana. Instead, the new line slants southeast from the coast, moving waters south of the Panhandle into waters considered off Louisiana. The new plan calls for drilling in that wedge beginning 100 miles from shore. The area appears to split the difference between two recently introduced legislative proposals. The plan comes a day after Sen. Pete Domenici of New Mexico, the chairman of the Senate Energy and Natural Resources Committee, introduced legislation that would require leasing in the bulk of Area 181 up to 100 miles of shore. That bill calls for opening much more area than the proposed five-year plan, judging from maps. Florida Sens. Bill Nelson, a Democrat, and Mel Martinez, a Republican, introduced their own bill in anticipation of Domenici’s proposal. Their plan also would allow some drilling in these disputed waters, but only in a small quadrant of the area Domenici's bill would open up. Most federal waters outside the western and central Gulf of Mexico are off limits to drilling under presidential and congressional bans, but drilling bans don't cover the 5.9-million acre Area 181 that straddles waters off Florida and Alabama. The tract is thought to be rich in natural gas.
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Ecopetrol, JX Nippon Team Up to Explore Brazil Offshore

  Ecopetrol reports it has established an Alliance with Japan’s JX Nippon Oil & Gas Exploration through its affiliate in Brazil, Ecopetrol Óleo

Drydocks World World’s Largest Turret

Drydocks World marked a milestone in completing the world’s largest turret mooring system. At almost 100 meters high, weighing over 11,000 tons and with a diameter of 26 meters,

Shell Charters Regalia in 2016

Prosafe announced it has signed a contract worth approximately $24 million with Shell U.K. Limited for the provision of the Regalia semi-submersible accommodation

Tanker Trends

Oil Soars in Biggest One-day Rally in Years

Oil rocketed as much as 10 percent higher on Thursday, posting its biggest one-day rally since 2009 as recovering equity markets and news of diminished crude supplies

Odfjell Reports Best Quarter Since 2008

In what it is calling its best quarterly performance since third quarter 2008, the Odfjell Group for the second quarter of 2015 reported net results of $7 million.

N-KOM: New VLCC Size Floating Dock

Nakilat-Keppel Offshore & Marine (N-KOM), the joint-venture shipyard of Keppel Offshore & Marine and Nakilat, continues to see strong interest for its ship repair services in 2015,

 
 
Maritime Contracts Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 1.7958 sec (1 req/sec)