Aug 17, 2017 Industry Comments to the Bureau of Ocean Energy Management on its Request for Information on the 2019-2024 Outer Continental Shelf Oil and Gas Leasing Program
The American Petroleum Institute (API), National Ocean Industries Association (NOIA), Independent Petroleum Association of America (IPAA), U.S. Oil and Gas Association (USOGA), American Exploration & Production Council (AXPC), International Association of Drilling Contractors (IADC), International Association of Geophysical Contractors (IAGC), Petroleum Equipment Suppliers Association (PESA), and the Alaska Oil and Gas Association (AOGA) offer the following comments on the Bureau of Ocean Energy Management’s (BOEM) request for information and comments on the preparation of the 2019-2024 Outer Continental Shelf Oil and Gas Leasing Program published in the Federal Register on July 3, 2017. The Associations’ members are involved in exploring for and developing oil and natural gas resources found on the OCS and are interested in the development of the 2019-2024 OCS Leasing Program. In 2015, the U.S. oil and natural gas industry supported more than 10.3 million jobs nationwide and made up more than 7.5% of GDP. The decisions made regarding areas to include in the program will have long-term implications for our nation’s energy security, prospects for job creation, and future revenue generation.