Enforcement

Australian producer BHP Billiton received the first permit from the Bureau of Energy Management, Regulation and Enforcement (BOEM) to drill in the deepwater Gulf of Mexico since the moratorium was lifted in mid-October, analysts for Tudor, Pickering, Holt & Co. Securities Inc. (TPH) said last Wednesday. But it’s not a sign that more deepwater permits are immediately around the corner, cautioned FBR Capital Markets.

Interior Secretary Ken Salazar and Michael R. Bromwich, director of Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM), announced Monday that the department has issued guidance to offshore oil and natural gas operators clarifying industry requirements with respect to corporate compliance statements and blowout containment resources.

The Interior Department’s Bureau of Ocean Energy, Management, Regulation and Enforcement (BOEM) needs to expand the number of inspectors on its payroll and strengthen regulations in order to avoid a repeat of the deepwater Macondo well disaster in the Gulf of Mexico earlier this year, according to BOEM Director Michael Bromwich.

The Commodity Futures Trading Commission (CFTC) Tuesday voted out a rule requiring the establishment of a data reporting system, a precursor to the setting and enforcement of aggregate position limits for physical commodity swaps (see Daily GPI, July 22).

The Interior Department’s Bureau of Ocean Energy, Management, Regulation and Enforcement (BOEM) needs to expand the number of inspectors on its payroll and strengthen regulations in order to avoid a repeat of the deepwater Macondo well disaster in the Gulf of Mexico earlier this year, according to BOEM Director Michael Bromwich.

The Interior Department’s Bureau of Ocean Energy, Management, Regulation and Enforcement (BOEM) last Wednesday released a draft supplemental environmental impact statement (SEIS) that responds to the concerns raised by a U.S. district judge in Alaska, who ruled that the government’s sale of drilling rights for oil and natural gas development off Alaska’s Northwest coast violated federal law.

It is “imperative” that the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) quickly resume issuing permits for shallow-water drilling, according to researchers at the Maguire Energy Institute at Southern Methodist University’s (SMU) Cox School of Business, who found that the slowdown in approving shallow-water operations “has very serious economic implications for the [Gulf Coast] region that rival or exceed those of the spill and moratorium” that preceded it.

The Interior Department’s Bureau of Ocean Energy, Management, Regulation and Enforcement (BOEMRE) Wednesday released a draft supplemental environmental impact statement (SEIS) that responds to the concerns raised by a U.S. district judge in Alaska, who ruled that the government’s sale of drilling rights for oil and natural gas development off Alaska’s Northwest coast violated federal law.

It is “imperative” that the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) quickly resume issuing permits for shallow-water drilling, according to researchers at the Maguire Energy Institute at Southern Methodist University’s (SMU) Cox School of Business, who found that the slowdown in approving shallow-water operations “has very serious economic implications for the [Gulf Coast] region that rival or exceed those of the spill and moratorium” that preceded it.