Offshore drilling
The Biden administration is proposing additional leasing for offshore oil and gas drilling, largely limiting the plan to the Gulf of Mexico.
The Latest
Kushner Defends $2B Investment By Saudis, Says Won't Join A Trump Administration - OilPrice.com
News OilPrice.com ·The U.S. is the world's biggest supplier of natural gas. Why is Biden pumping the brakes on exports? - Yahoo News
News Yahoo News ·Oil and gas producer to pay millions to US and New Mexico to remedy pollution concerns - The Associated Press
News The Associated Press ·Exxon, Enbridge sued by competitor over crude oil transportation - Yahoo Finance
News Yahoo Finance ·What Joe Biden can learn from Keir Starmer - Financial Times
News Financial Times ·Meet oil’s new king: 85-year-old Autry Stephens, raised by peanut-and-melon farmers and now worth $25.9 billion - Fortune
News Fortune ·Dark Brandon is saving the planet by plugging old oil and gas wells: Boosting Biden Day 31 - Daily Kos
News Daily Kos ·US oil companies to merge in $26bn deal as firms rush to buy up drilling land - The Guardian
News The Guardian ·Borr Drilling finds more work for three jack-up rigs - Offshore Energy
News Offshore Energy ·Iraq's oil exports to the US stopped last week - Iraqi News
News Iraqi News ·Exxon Says New Drilling Is 'Well South' of Disputed Essequibo Territory - Yahoo Finance
News Yahoo Finance ·U.S. Oil Drilling Activity Stalls
News OilPrice ·Ecuador’s new president tries to wriggle out of oil drilling referendum
News Climate Home News ·DOE launches solicitation for up to $1.2B in transmission capacity contracts
News Utility Dive ·Norwegian government appeals court ruling invalidating oil, gas permits
News Natural Gas World - Latest News ·Oil Majors Gear Up for Groundbreaking 2024 Drilling Campaigns
News OilPrice ·FAQs
Almost all offshore oil and gas production in the United States takes place in the Gulf of Mexico. Additional production takes place off the West Coast and the coast of Alaska.
In 2021, oil production in the Gulf of Mexico — where most offshore production occurs — amounted to about 621 million barrels — about 15 percent of all U.S. production. The gulf also accounted for about 2 percent of the country’s natural gas production.
Resources
Congressional Research Service: Five-Year Offshore Oil and Gas Leasing Program: Status and Issues in Brief
Congressional Research Service: Five-Year Offshore Oil and Gas Leasing Program: History and Background
Congressional Research Service: Offshore Oil and Gas: Leasing “Pause,” Federal Leasing Review, and Current Issues