This week, IADC honored 21 members of the US Congress with the IADC Legislator Award for their unyielding support of oil and gas. IADC organized a group, including individuals from 10 IADC member companies, to fly to Washington, DC, and represent the drilling industry.

The International Association of Drilling Contractors (IADC) asserts that the U.S. Department of the Interior’s (DOI) recent decision to cancel the seven remaining leases in Alaska’s Arctic National Wildlife Refuge (ANWR) Coastal Plain is short-sighted and will very likely have long-lasting consequences.

On Monday, the U.S. Department of the Interior’s Bureau of Land Management (BLM) published recommended revisions to the Onshore Oil and Gas Leasing Rule. The proposed changes would impact the BLM’s oil and gas leasing regulatory framework by modifying the current fiscal terms and leasing processes. 

On 29 March 2023, the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) executed Lease Sale 259, the second of three such lease sales as compelled by the Inflation Reduction Act signed into law by the U.S. Congress in August 2022.

On 19 October, the Biden Administration announced that the Department of Energy will release an additional 15 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This action demonstrates the imperative need for ensuring vital energy resources are accessible for consumers in North America and around the world.

The Interior Department's Bureau of Ocean Management (BOEM) announced reinstatement of Gulf of Mexico Lease Sale 257. IADC President Jason McFarland issued a statement in response.

The Department of the Interior announced that it will not proceed with plans for three oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet. IADC President Jason McFarland issued a statement in response.

Yesterday, members of the House Natural Resources Committee introduced a series of bills that would bolster the U.S. energy sector and give vital regulatory certainty to drilling contractors. Among many things, these six bills would address well-known oil and gas permitting delays currently facing the Department of Interior, as well as end the Biden Administration’s ban on federal onshore and offshore oil and gas leasing.

IADC applauds President Zelenskyy‘s courage and condemns the Russian Federation’s invasion of Ukraine. The invasion and subsequent effects we are now seeing on global energy markets, geopolitics, and the lives of innocent Ukrainians, underscore a message which IADC has long espoused; that the sustained development of oil and gas is critical to every nation’s security.

IADC, along with five other industry organizations, submitted comments on proposed amendments to Essential Fish Habitat provisions maintained by the Gulf of Mexico Fisheries Management Council. The organizations outlined concerns that assessment of non-fishing activities in the Gulf of Mexico have not been adequately considered.

Yesterday the Biden Administration’s suspension of new oil and gas leases on federal land and waters, pursuant to Executive Order 14008, was blocked nationwide by a Federal judge in U.S. District Court in Louisiana. IADC President Jason McFarland issued a statement in response.

Yesterday the Biden Administration’s suspension of new oil and gas leases on federal land and waters, pursuant to Executive Order 14008, was blocked nationwide by a Federal judge in U.S. District Court in Louisiana. IADC President Jason McFarland issued a statement in response.

Representative August Pfluger (R-TX), joined by Representative Henry Cuellar (D-TX), introduced the Natural Gas Export Expansion Act – a bill that would expand existing expedited LNG approval authorities and encourage a robust global energy supply chain. "IADC is encouraged to see this bipartisan legislation and applauds Congressman Pfluger and the other leaders of the Texas delegation for their continued work on critical issues affecting our energy landscapes.”

Today Representatives Kevin Brady (R-TX) and Henry Cuellar (D-TX) introduced a bipartisan bill, the More Energy More Jobs Act of 2021. The bill would require at least two area-wide lease sales annually in the Western and Central Gulf of Mexico, as well as allow U.S. Governors to formally nominate areas for offshore natural gas and oil development. “IADC strongly opposes any effort to categorically restrict leasing activities on federal lands or in federal waters and remains steadfast in supporting policies that enable safe and efficient drilling activities in the U.S. and abroad.

IADC President Jason McFarland issued the following statement in response to the Bureau of Ocean Energy Management’s announcement that it is rescinding the Record of Decision (ROD) for the Gulf of Mexico (GOM) Oil and Gas Lease Sale 257: “The Bureau’s decision to postpone the planned March lease sale is disappointing and brings further uncertainty to the livelihoods of hundreds of thousands of American energy workers earning a living in Colorado, Montana, New Mexico, Wyoming, and offshore in the Gulf of Mexico.

Today the Biden Administration announced executive action that will restrict oil and natural gas leasing on federal lands and in federal waters. In response, IADC President Jason McFarland issued the following statement: “The executive actions announced by the Administration today only serve to further curtail the ability of America’s natural gas and oil producers to successfully operate.

Today the Department of Interior issued a temporary suspension on the approval of new drilling permits on federal land as part of President Biden’s pledge to halt oil and gas development in an effort to combat climate change. IADC President, Jason McFarland, issued the following statement in response: “IADC strongly opposes any effort to categorically restrict leasing activities on federal lands or in federal waters and remains steadfast in supporting policies that enable safe and efficient drilling activities in the U.S. and abroad.

International Association of Drilling Contractors (IADC) President Jason McFarland issued the following statement in light of Joseph R. Biden’s inauguration as the 46th President of the United States of America: “The International Association of Drilling Contractors is ready to begin working with the new Administration to ensure forthcoming policy developments aim to safeguard America’s energy independence as well as promote its energy workforce.

The International Association of Drilling Contractors (IADC) issued the following statement in response to the Trump Administration’s announcement regarding the 10-year extension of the moratorium in the Eastern Gulf of Mexico and expansion to the South Atlantic: “IADC believes these waters can be developed safely and in an environmentally responsible manner. A ban on responsible energy development unnecessarily impedes the United States’ energy leadership position and diminishes national security. It reduces the return to the taxpayers for responsible production of our nation’s natural resources.

Today President Trump visited the drilling rig of an IADC Member, Latshaw Drilling, one of the largest privately held drilling contractors in the United States. Mr. Latshaw was awarded the IADC Drilling Contractor of the Year award in 2018 – an award that recognizes outstanding lifetime achievements in technical innovation, safety and economic efficiency within the drilling industry...