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Category: OffshoreDrilling

COS report finds US offshore operations safer, can improve

April 10, 2015 Posted by Chris Wysong

Based on an accident-free 2013, the Center for Offshore Safety declared the US offshore oil and gas industry safer than ever but noted some areas which could benefit from further improvement. COS report finds US offshore operations safer, can improve By: Michael T. Slocum (OGJ) The US offshore oil and gas industry is safer than ever, though there is still room to improve, according to the first annual performance report released Apr. 8 by the Center for Offshore Safety (COS). The report, which is based on 2013 operations data collected from COS members, highlights metrics for conducting scheduled maintenance and inspections, as well as completing safety and environmental audits. Notably, COS found that there were zero fatalities or losses of well control in the deepwater Gulf of Mexico during more than 42 million work-hr in 2013. This is the first report of its kind to be published by US regulators or industry, said COS Executive Director Charlie Williams. Americas offshore oil and

Posted in OffshoreDrilling, Oil, Gas

How Virginia Became The Oil Patch

July 28, 2014 Posted by Chris Wysong

It seems that the oil industry and politics are continually hand-in-hand. In this article from the Wall Street Journal, Holman K. Jenkins, outlines how blue states play into the industry. Jenkins explains how oil, technology, and politics work together and how states are capitalizing on new jobs in the energy sector. How Virginia Became the Oil Patch By:Holman W. Jenkins, Jr. As long as Americans are burning oil and gas,a bluish state wants its share of the jobs and revenues. Casually putting energy resources off-limits for environmental reasons, the American habit since the 1960s, just doesnt play politically anymore now that voters can see what it costs in jobs and revenues. Call it one more consequence of the fracking revolution. This great reversal, and not some all of the above energy vision the White House likes to tout, explains the Obama administrations decision last week to let oil companies begin seismically prospecting on long-closed sections of the Atlantic seaboard.

Posted in OilGas, U.S.Energy, Fracking, OffshoreDrilling, GovernmentRegulation
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