US Approves Plan To Open Atlantic To Oil Reserve Surveys

Article title
The Obama admin. approves a plan that would allow companies to assess oil resources off the Atlantic Coast.


WASHINGTON, July 18 (Reuters) - The Obama administration on Friday approved a plan that would allow companies to assess oil resources off the Atlantic Coast, angering environmental groups that worried the plan will harm marine life and open the door to offshore drilling.

First outlined by the Bureau of Ocean Energy Management in February, the plan lays out the mitigation measures companies would be required to undertake before conducting seismic testing to gauge the oil reserves in the Atlantic Ocean.

"We are taking every step we think is reasonable to take to try and put those protections in place, while still allowing surveys to occur," Acting BOEM Director Walter Cruickshank said on a press call.

BOEM emphasized that the plan does not authorize any particular seismic surveys and that companies would still have to apply for site-specific permits.

Several companies have pending applications to assess the Atlantic oil reserves. Cruickshank said surveys could begin early next year.

Green groups slammed the plan, which they said did not offer enough protection for fisheries and marine mammals and would lead to more oil and gas production. They are concerned that the underwater blasts of compressed air could wreak havoc.

"The use of seismic airguns is the first step to expanding dirty and dangerous offshore drilling to the Atlantic Ocean," Oceana campaign director Claire Douglass said in a statement.


View Full Article

Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
West Houston | Jul. 19, 2014
Seismic exploration is very expensive and no company will fund it while there is still a ban on drilling (i.e., no lease sales). Also, seismic exploration has been going on for about half a century in the Gulf of Mexico and we still have large populations of marine life, including dolphins and whales. In fact, oil platforms are soon covered in coral that attracts fish. Sea life density around platforms is up to 80 (EIGHTY) times that of "unimproved" seafloor. The GREENIES are LYING to you!

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Contract Administrator
Expertise: Contracts Administration
Location: Chesapeake, VA
Logistics Coordinator & Optimization Analyst
Expertise: Logistics Management
Location: Billings, MT
Associate Category Manager or Category Manager Job
Expertise: Logistics Management|Purchasing|Supply Chain Management
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours