Do you realize how long it has been since we have actually done a modern seismographic on the OCS? It has not been done in 40 years. We didn't have good seismographics then. We don't really know, but we know there is a lot out there. If we had modern seismographics, it is usually three to four times what we thought.
Discussing the need for modern seismographic studies on the Outer Continental Shelf.
Share
More from John W. Peterson
If the Democrats win this debate and we don't produce energy--if we use these old statements of 68 million acres and 80 something percent is leased, that is not factual; 2.5 percent of the Outer Continental Shelf is leased, the good spots…
I think there is more to it than that, though. It is local leadership that is part of it, because local leaders had to recognize the program could assist them, and they reached out and adopted it. Many states still haven't.
Well, we're so far behind the curve right now, we were talking to Minerals and Mines Management today. Many of our rigs went to Russia to drill because there's so much more activity there. The big owners go where the action is, and they're…
The president of DOW Chemical said in a letter I received, he said, We have a debate going on in this country and one side wants production, the other side wants conservation and renewables. He said you're going to need them all. You'll…
Other voices in this conversation
