U.S. Invites Industry Interest in Oil and Gas Lease Sale

Press Release
Tuesday, March 27, 2012

Washington - The Department of the Interior is seeking input from industry to determine interest in oil and gas exploration off the coast of South-Central Alaska – a key step in the planning process for a potential oil and natural gas lease sale in the Cook Inlet Planning Area.

This is the latest step by the Obama Administration toward production in Alaska’s offshore areas, and builds on broader steps to increase production in Alaska.

“Today’s announcement is part of our commitment to increasing safe and responsible domestic oil and gas production as part of an all-of-the-above energy strategy for America,” said Secretary of the Interior Ken Salazar. “We will continue to support efforts to safely expand offshore oil and gas exploration, using the best science to assess where recoverable resources lie and providing industry with abundant opportunity to lease and develop areas containing those resources.”

The Department’s Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017, which makes federal offshore areas containing more than 75 percent of estimated undiscovered, technically recoverable oil and gas resources on the U.S. OCS available for exploration and development, includes one potential special-interest lease sale in the Cook Inlet Planning Area (Sale 244). A special-interest lease sale first asks operators to nominate specific tracts in the planning area they potentially would be interested in exploring and developing through a Request for Interest (RFI). This initial request asks industry, the public, and key stakeholders about geologic, biological, archaeological, subsistence and/or or socio-economic conditions which might bear on potential leasing and development decisions.
The publication of this RFI does not indicate a decision to lease in the Cook Inlet Planning Area. BOEM will not make a decision about any potential lease sale before finalizing the 2012–2017 OCS Oil and Gas Leasing Program, and determining whether there is adequate interest in holding this sale and conducting thorough environmental reviews. If BOEM moves forward with planning for the potential sale, the bureau will then conduct environmental review and consultation under the National Environmental Policy Act and other laws. BOEM will remain in close coordination with the state of Alaska, as well as with local and Native Alaskan governments, and other stakeholders throughout this process.

Between 1978 and 1985, 13 exploration wells were drilled in the federal waters of the Cook Inlet Planning Area. Currently, there are no active oil or gas exploration or development facilities in the federal waters there. The area’s state waters contain 16 production platforms, 12 of which are currently active.
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Sunken Barge Salvage Stops Traffic on Chicago River

The U.S. Coast Guard said it is restricting vessel traffic on the Chicago River to allow for salvage of a sunken barge. All cargo has been removed from the sunken

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months SchottelĀ  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Energy

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months SchottelĀ  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

News

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Sunken Barge Salvage Stops Traffic on Chicago River

The U.S. Coast Guard said it is restricting vessel traffic on the Chicago River to allow for salvage of a sunken barge. All cargo has been removed from the sunken

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.9650 sec (1 req/sec)