Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
On March 31, US President Barack Obama announced plans to open 157 million acres for oil and gas leasing on the East Coast, in the eastern Gulf of Mexico and in northern waters offshore Alaska (see the article on pp. 76–79). The new acreage comes with innumerable “ifs” and “buts”—a case of how more is less. The new areas will be available for 2012–2017 lease sales only after environmental impact assessments and public hearings. The US Congress may yet renew its expired annual ban on exploration on the East Coast. In the eastern Gulf of Mexico, drilling must take place 125 mi beyond the Florida shoreline. There is little or no oil and gas infrastructure in these regions, and new seismic surveys will be needed to better understand the resource potential, which will take decades to explore and develop (see figure).
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bangkok - August 25-27
Houston, TX - August 27-29
Houston, TX - November 4-5
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.