Q Does the President think there’s some benefit to the climate to drill oil in Venezuela and not here?
MR. KIRBY:No, it has nothing to do with a benefit to the climate, Peter. Again, there are 9,000 unused permits here in the United States on federal land that oil and gas companies can and should take advantage of. Nine thousand. And we’re talking about one there in Venezuela.
Oh no, not the 9000 permits response yet again!
Can someone please help the White House staff understand the difference between leases and permits, and the process that is followed in exploring for and producing oil and gas? Perhaps this will help.
I recommend we Nationalize the Oil and gas industry. I think the government is the right entity at this time to seize all the assets and infrastructure of the cartels. The resources mostly on public lands and water, belong to the USA anyway. It is time we transition more rapidly to renewables to break the leverage of the cartels on governments, and people, to stop wars and profiteering.
People are paying high prices and cartels like API, Exxon, Sinclair are making record profits from American’s purses. All the while escaping the costs of oil spills and leaks, and denying responsibility for climate change disasters and their costs.
Diverse input on proposed regulations is healthy and desirable. However, comments should not be posted at Regulations.gov unless (1) the commenter is identified and (2) the comments include at least one sentence about the regulation being proposed.
Per Regulations.gov. BSEE received 30 comments on the proposed revisions to the Well Control Rule, 25 of which have been posted. The other comments were presumably deemed inappropriate for posting per the guidance at Regulations.gov.
Two of the responses were submitted collectively by 8 industry trade associations. Only 3 operating companies commented and their comments largely echoed the trade association responses. Only 2 drilling contractors responded independently. Four service and engineering companies commented.
Three environmental organizations, a group of Atlantic states, a government watchdog, and a law school provided comments.
Three individuals and 4 anonymous or unknown parties commented.
Below is a list of the respondents preceded by their comment identifiers. More to follow.
On September 14, 2022, BOEM announced that 307 high bids from Lease Sale 257 in the Gulf of Mexico were accepted. BOEM also announced that one high bid was rejected for not providing the public with fair market value. BOEM has not identified the rejected bid.
Per BOEM’s Lease Area Block Online Query file, 306 Sale 257 leases were effective on Oct. 1, 2022. A comparison of these data with the sale results identified 2 Sale 257 leases that have not been awarded:
lease
block
high bidder(s)
bid
comments
G37261
GC 70
BHP
$3.6 million
lone bid; 7th highest bid in sale
G37294
GC 777
BP (75%), Talos (25%)
$1.8 million
2 bids; next highest $1.185 million
So one of these 2 bids was rejected and the other has lease not yet been awarded for some reason (or perhaps there has been a clerical/IT issue).
Which bid was rejected? I would guess it was the BHP bid even though that bid was the 7th highest bid in the entire sale. The fact that this bid was $2.5 to $3 million higher than the other 7 BHP bids (all of which were accepted) tells us that the company valued this tract highly. Perhaps BOEM, which has all of the geologic data, thought the value was even higher, which is why the bid may have been rejected.
There was another bidder (Chevron) for the BP/Talos tract, so the competition makes it less likely that the bid would have been rejected.
Sweden’s prosecutor’s office said Friday that an investigation into gas leaks from two underwater pipelines connecting Russia to Germany found traces of explosives, confirming that it is a case of “serious sabotage.”
OK, but what do you think about the revisions to the Well Control Rule? 😀
November 23, 2022 by offshoreenergy
Diverse input on proposed regulations is healthy and desirable. However, comments should not be posted at Regulations.gov unless (1) the commenter is identified and (2) the comments include at least one sentence about the regulation being proposed.
Posted in Offshore Energy - General, Regulation, well control incidents | Tagged BSEE Director, comments, Well Control Rule | Leave a Comment »