Though still early for a full assessment of former Hurricane Ida, natural gas futures traders on Monday focused squarely on the destruction of natural gas demand brought about by the catastrophic Category 4 storm. The October Nymex gas futures contract, on its first day in the prompt position, settled at $4.305, off 8.3 cents from…
Articles from Bsee
The Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) on Thursday issued final regulations covering blowout preventer (BOP) systems and well control, which officials said would reduce unnecessary regulatory burdens.
The Department of Interior on Friday finalized revamped rules covering oil and natural gas activities on the Outer Continental Shelf, revising or eliminating many of the drilling safeguards put in place following the tragic Macondo well blowout in 2010.
The Trump administration is proposing to amend offshore drilling safety rules promulgated during the Obama era, saying that the changes could save the oil and natural gas industry at least $228 million over the next decade.
Starting next month, a subsidiary of Italy’s Eni SpA could begin drilling up to four exploratory wells from an artificial island in the Beaufort Sea, after the Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) approved the company’s application to drill.
What had been Tropical Storm Cindy Wednesday made landfall and weakened Thursday, downgraded to a tropical depression, and oil and natural gas operators that had taken precautionary measures in the Gulf of Mexico (GOM) prior to the storm were returning to work in its wake.
Workers have been evacuated from one rig and 40 production platforms in the Gulf of Mexico (GOM) and a total of 301,618 b/d of oil has been shut in as Tropical Storm (TS) Cindy continues its slow course toward the Gulf Coast, the Bureau of Safety and Environmental Enforcement (BSEE) said Wednesday afternoon.
The Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) last Friday doubled the amount of time that oil and natural gas operators have to coordinate operations and retain their leases in federal waters of the Outer Continental Shelf (OCS).
The Trump administration has appointed a former Louisiana regulator and political veteran to head the Department of Interior’s (DOI) Bureau of Safety and Environmental Enforcement (BSEE).