Thursday, November 17, 2011

Oil Drilling News


OIL/ENERGY POLICY


Latest proposed 5-year OCS plan falls short, API official says

"He urged the administration to reconsider and schedule lease sales in the eastern Gulf of Mexico, which is largely closed by congressional moratorium, and off Virginia's coast, where a lease sale was scheduled as part of the current 5-year program but canceled following the 2010 Macondo well accident and crude oil spill. Sales off Alaska which have been scheduled toward the end of the next 5-year period should be moved up, especially if Shell Exploration Co.'s Beaufort and Chukchi Sea tests produce positive results, he added."

Interior secretary urged to reconsider offshore drilling ban in Virginia
"All eight Republicans who represent Virginia in the U.S. House of Representatives called on Interior Secretary Ken Salazar on Wednesday to reconsider a decision to ban offshore oil and gas drilling off the commonwealth's coast."

FLORIDA


BP finds oil on Perdido Key

"BP cleanup crews recovered 1,253 pounds of tar balls mixed with shells near the Eden Condominium on Tuesday."

BRAZIL

Brazilian police investigate offshore oil spill

Chevron Says Brazil Offshore Well Sealed

"Brazil's National Petroleum Agency said Monday that the well was leaking at a rate of between 200 and 330 barrels per day, and between 521 and 882 barrels had reached the surface so far. The leak, first discovered Nov. 8, has produced a stain on the water stretching across an area of 163 square kilometers, the agency said." 

Oil leak prompts Chevron to halt well-drilling off Brazil's coast

ALTERNATIVES TO OIL

US Navy tests biofuel to power ship in its largest alternative fuel demonstration to date