Offshore drilling on the Atlantic coast of the United States

Worldwide Liner Hanger System Industry to 2025 - Increasing Demand from the Offshore Sector - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 23, 2020
Oil, Gas, Energy, Petroleum geology, Petroleum industry, Petroleum, Petroleum production, Energy, Offshore drilling, Offshore, Offshore drilling on the Atlantic coast of the United States, Petroleum industry in Canada

The offshore oil and gas industry accounts for about 30% of the global crude oil production.

Key Points: 
  • The offshore oil and gas industry accounts for about 30% of the global crude oil production.
  • The Middle East, North Sea, Brazil, and the Gulf of Mexico are the major offshore oil and gas producing regions.
  • In 2017, around 40% of shallow water oil production came from mature regions, such as Europe, North America, and Asia-Pacific.
  • This, coupled with low breakeven prices in offshore oil and gas sector, has compelled the producers to shift to deepwater and ultra-deepwater resources.

Ring Energy, Inc. Initiates Year End Drilling Program

Retrieved on: 
Thursday, December 3, 2020
Oil, Gas, Energy, Petroleum geology, Science and technology, Drilling rig, Petroleum engineering, Inventions, Oil well, Well drilling, Drilling, Economy, Hydraulic fracturing in the United States, Offshore drilling on the Atlantic coast of the United States

After drilling the Badger #6XH, the drilling rig will move to another horizontal San Andres location currently under construction with plans to drill another well after the New Year.

Key Points: 
  • After drilling the Badger #6XH, the drilling rig will move to another horizontal San Andres location currently under construction with plans to drill another well after the New Year.
  • These wells will be paid for out of cash surplus currently on hand.
  • It is important during volatile markets like these to protect our future cash flows and strengthen our balance sheet.
  • Ring Energy, Inc. is an oil and gas exploration, development and production company with current operations in Texas and New Mexico.

Consumer Watchdog: Brown Needs To Shut Down Oil Wells He Controls In State Waters After He Signs Important Bill Today Limiting Federal OffShore Drilling

Retrieved on: 
Saturday, September 8, 2018
Petroleum production, Offshore drilling, Wells, Offshore drilling on the Atlantic coast of the United States

LOS ANGELES, Sept. 8, 2018 /PRNewswire/ -- Consumer Watchdog thanked Governor Brown for signing important legislation today trying to stop activation of oil wells in federal waters.

Key Points: 
  • LOS ANGELES, Sept. 8, 2018 /PRNewswire/ -- Consumer Watchdog thanked Governor Brown for signing important legislation today trying to stop activation of oil wells in federal waters.
  • The nonprofit group noted that Brown has jurisdiction over four times more state oil wells in state waters off California's coast than oil wells Trump has control of in federal waters off the coast and Brown needs to shut those wells down.
  • Today's signing is an important step for coastal protection, but Brown needs to walk the walk and revoke the permits of the offshore wells he controls in state waters too."
  • Overall the state under Brown controls four times as many offshore oil wells in state waters as Trump's federal government controls in California waters.

New Map Shows Jerry Brown Has 4 Times More Offshore Oil Wells Than Trump; Brown Vs Trump Offshore Oil Map Site Launched

Retrieved on: 
Wednesday, June 20, 2018
Petroleum production, Offshore drilling, Energy, Oil well, Technology, Science and technology, Offshore drilling on the Atlantic coast of the United States, Offshore oil and gas in California

Brown has called Trump's federal offshore oil drilling short-sighted and reckless, but the site -- www.BrownvTrumpOilMap.com -- shows Brown controls four times more oil wells in state waters than oil wells in federal waters overseen by Trump.

Key Points: 
  • Brown has called Trump's federal offshore oil drilling short-sighted and reckless, but the site -- www.BrownvTrumpOilMap.com -- shows Brown controls four times more oil wells in state waters than oil wells in federal waters overseen by Trump.
  • Offshore wells overseen by the Brown Administration total 5,460 versus 1,429 federal offshore wells, which are three nautical miles or more off California's coast.
  • "The map proves that when it comes to offshore oil drilling Governor Brown wins the 'Drill, Baby Drill' prize, not Donald Trump," said Jamie Court, president of Consumer Watchdog.
  • As Governor, Brown has the power to close down all existing leases and wells through executive action.