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Title: Industry decries sharp decline in U. S. offshore activity

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:5356634

Roadblocks to offshore activity in the U.S. drew much of the spotlight at the 24th Offshore Technology Conference last week in Houston. Among OTC highlights included in this paper are: Two panels reviewed how federal leasing moratoriums and regulatory restrictions are reining U.S. offshore development. Conoco Inc.'s manager of exploration and development in Russia detailed the allure of giant and supergiant fields in the Commonwealth of Independent States and reviewed the status of the company's efforts to negotiate E and D deals with Russian partners. Minerals Management Service officials reviewed environmental challenges facing operators on the U.S. Outer Continental Shelf and new MMS inspection strategies in the Gulf of Mexico. The 1992 OTC Distinguished Achievement Award for companies went to Brazil's Petroleo Brasileiro SA for deepwater development records set with the 3 Marlim well in the Campos basin off Brazil.

OSTI ID:
5356634
Journal Information:
Oil and Gas Journal; (United States), Vol. 90:19; ISSN 0030-1388
Country of Publication:
United States
Language:
English