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
Feds create four new offshore wind power zones in the Gulf of Mexico - The Advocate
News The Advocate ·Four tracts of federal waters in the Gulf of Mexico are designated for wind power development - NBC 5 Dallas-Fort Worth
News NBC 5 Dallas-Fort Worth ·Senate energy panel leaders from both parties press for Gulf oil lease sale to go on, despite ruling
News The Associated Press ·Four Gulf of Mexico federal tracts designated for wind power ... - Daily Journal
News Daily Journal ·U.S. Oil Drillers Add 1 Rig As Rut Continues - OilPrice.com
News OilPrice.com ·Top Dem senator demands Biden admin hold oil lease sale after latest court ruling: 'Complete mess' - Fox News
News Fox News ·TotalEnergies And Exxon Bid For New Oil Licenses In Guyana
News OilPrice ·Guyana says another "significant discovery" made at Stabroek offshore block
News Natural Gas World - Latest News ·Exxon, TotalEnergies place bids on shallow-water Guyana oil and gas blocks
News Natural Gas World - Latest News ·Offshore Drilling Rigs Seeing Longer Contracts - gCaptain
News gCaptain ·Guyana says another "significant discovery" made at Stabroek offshore block - Yahoo Finance
News Yahoo Finance ·Auction for Orrington trash incinerator fails to get a single bid - Bangor Daily News
News Bangor Daily News ·What Chevron's acquisition of Hess Corp. will mean for North Dakota's Oil Patch - INFORUM
News INFORUM ·Nigeria wins bid to overturn $11 bln damages for collapsed gas deal
News Natural Gas World - Latest News ·Alaska offering royalty-free lease terms to stimulate Cook Inlet gas development - Anchorage Daily News
News Anchorage Daily News ·Biden softens anti-oil stance ahead of 2024 election - Yahoo Finance
News Yahoo Finance ·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