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U.S. Dept. of Interior urged to fully leverage offshore energy resources

Oil & Gas 360º

(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. crude oil production, or nearly 2 million bopd.

Offshore 130
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North America Loses Rigs Week on Week

Rigzone

oil and gas rigs decreased by seven to 547 this week, according to Baker Hughes” “Oil focused rigs decreased by six to 432 rigs, after losing one rig last week. Natural gas focused rigs decreased by two to 109 rigs, following a decrease of two rigs week over week last week,” they added.

Basin 101
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Valor | Energy Connection – Jan. 20, 2025

Valor

Read more Republican states sue Biden over drilling limits Summary : Several Republican-led states, including Mississippi, Alaska, Louisiana, Alabama, and Georgia, along with the American Petroleum Institute, have filed a lawsuit against the Biden administration challenging its restrictions on offshore oil and gas drilling.