

44 years ago today, drilling began on the first two exploratory wells on Georges Bank, the large seafloor feature that separates the Gulf of Maine from the Atlantic Ocean. The above Cape Cod Times headline attests to the drama that was unfolding 155 miles southeast of Nantucket.
After years of debate, oil embargoes, gas lines, and the threat of future supply disruptions tipped the political balance in favor of offshore leasing, and OCS Sale No. 42 (North Atlantic) was held one week before Christmas in 1979. Remarkably, only 19 months elapsed between the lease sale and the initiation of drilling.






