In response to today’s public meeting hosted by the Interior Department’s Bureau of Ocean Energy Management (BOEM) on the draft 2017-2022 Outer Continental Shelf Oil & Gas Leasing Proposed Program, IADC President Jason McFarland issued the following statement:
“A robust oil and gas leasing program in the U.S. Gulf of Mexico and off the coast of Alaska is critical to the future success of offshore drilling contractors. As the BOEM notes in their own proposal, in 2014, the US produced more than 49 quadrillion btus of oil and gas.