The People of America's Oil and Natural Gas Indusry

Offshore Access

U.S. Offshore Undiscovered Technically Recoverable Federal Oil and Natural Gas Resources

(billion barrels — Bbl and trillion cubic feet — Tcf)

OCS recoverable resources

Source: The Bureau of Ocean Energy Management (BOEM)

America must pursue smart energy policy in order to continue as a global energy superpower. The U.S. Outer Continental Shelf (OCS) is estimated to contain vast undiscovered oil and natural gas resources. Unfortunately, the federal government has placed most of the OCS off-limits to energy exploration and development.

  • The Bureau of Ocean Exploration and Management (BOEM) estimates that 89.9 billion barrels of oil and 404.6 trillion cubic feet of gas have yet to be discovered on the U.S. OCS.

  • Unfortunately, some of BOEM’s estimates are 30 years old. If Congress permits the use of state-of- the-art seismic surveying technology in largely unexplored areas of the Atlantic OCS, we may discover an even greater abundance of oil and natural gas.

  • Developing these oil and natural gas resources will be vital to achieving energy security, growing our economy, and reducing government deficits.

  • Studies by Quest Offshore Resources, Inc. show that offshore oil and natural gas leasing in the Atlantic OCS, Pacific OCS and Eastern Gulf of Mexico could, by 2035:

    • Create nearly 840,000 American jobs
    • Raise more than $200 billion in revenue for the government
    • Increase U.S. energy production by 3.5 million barrels of oil equivalent per day

    Even more jobs, energy and government revenue can be generated through greater development of oil and natural gas offshore Alaska.
  • With over 65 years of experience operating in the Outer Continental Shelf, the oil and natural gas industry has a strong safety record, despite a work environment that often involves heavy equipment, hazardous materials, high temperatures and high pressures. Safety is our top priority, and we are constantly improving the technologies, standards and best practices, and programs that protect our workers and our environment.

Our Offshore Energy Opportunity

  • Unlocking America’s Offshore Energy Opportunity

    America must pursue smart energy policy in order to continue as a global energy superpower

  • Atlantic Energy, American Jobs

    Developing oil and natural gas in the Atlantic could put hundreds of thousands of Americans to work, make us more energy secure, and bring in needed revenue for the government

  • Fifty Miles Offshore – Jobs Onshore

    Jobs are not isolated to the oil and natural gas companies; a diverse spectrum of industries from retail to real estate, from marine services in Virginia to high tech manufacturers in North Carolina and South Carolina will benefit.

  • Energy and Opportunity in the Eastern Gulf

    98% of the Eastern Gulf of Mexico planning area is under a congressional leasing moratorium until 2022, putting nearly all of the area’s 64.5 million acres off limits to oil and natural gas development

  • Power and Jobs from the Pacific

    More than 240 million acres are currently off limits to oil and natural gas development. If access were provided to these areas it could launch a flurry of investment and economic activity

  • Alaska A State of Energy

    Policy makers need to embrace an ‘all of the above’ energy approach that leverages our offshore resources in Alaska to create an energy plan for America that boosts, rather than inhibits, our economy

  • The Offshore Energy We Need

    In order to ensure our energy security and create economic growth it is vital that we take advantage of all of our energy resources, including those safely developed in American waters

  • When You Look For Resources You Find Them

    When oil and natural gas companies are allowed to look for oil and natural gas: They find it, and the statistics become more than just guesses or estimates

Safety and Technology