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The first federal lease sale offshore Florida was in 1959. In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. [28]
The OCS P-0130 well drilled offshore Oregon by Union Oil in 1966 was described as having "potential for commercial gas production", [17] but none of the wells were completed as producers, and the federal leases expired in 1969. [18] [19] Farther north, in Canadian waters, Shell Canada drilled 14 wells offshore from Vancouver Island from 1967 ...
The possible offshore lease sale became an issue in the 2009 race for governor of Virginia. [43] The winner, Bob McDonnell, urged during his tenure that the sale take place. [44] In May 2010, President Obama announced his decision to cancel the offshore Virginia lease sale, in response to the Deepwater Horizon oil spill in the Gulf of Mexico. [45]
After proposing a major expansion in offshore drilling early in his first term, Trump in 2020 extended a ban on future oil drilling in the Eastern Gulf and expanded it to include the Atlantic ...
Even Trump used the law to ban sales of offshore drilling rights in the eastern Gulf of Mexico off the coast of Florida through 2032. Biden's decision will protect the same area with no expiration.
Offshore drilling rig, c. 1968. The first semi-submersible resulted from an unexpected observation in 1961. [12] Blue Water Drilling Company owned and operated the four-column submersible Blue Water Rig No.1 in the Gulf of Mexico for Shell Oil Company. As the pontoons were not sufficiently buoyant to support the weight of the rig and its ...
Officials haven't approved any new oil exploration off California's coast in decades. Yet pumping and drilling continue there. Here's why.
Eugene Island block 330 oil field is an oil field in the United States Exclusive Economic Zone in the Gulf of Mexico. It is located 170 miles (270 km) southwest of New Orleans, 70–85 miles (113–137 km) off the Louisiana coast comprising six and a half leased blocks: Eugene Island 313, 314 south, 330, 331, 332, 337 and 338.