America’s independent oil and gas producers play an active role offshore. In fact, independent producers hold 80 percent of the Gulf of Mexico shallow-water leases and 75 percent of deepwater leases, accounting for 30 percent of the Gulf’s oil production. Independent producers operating offshore generated $38 billion in economic benefits, more than 200,000 jobs, and $10 billion in federal and state revenue and royalty payments in 2009, according to an IHS Global Insight study. 121,000 jobs were created by independent producers in the deepwater Gulf of Mexico alone. IPAA supports a pro-growth strategy for American offshore energy development, putting the United States on a path toward energy self-sustainability and positioning ourselves as a global leader on the international energy stage.
Learn more about what IPAA is working on regarding offshore energy below:
WASHINGTON — Independent Petroleum Association of America (IPAA) Offshore Committee Chairman Ron Neal, the President of Houston Energy L.P. and CEO of HEQ Deepwater, issued the following statement in response to the announcement of the Biden Administration’s plan to remove millions of acres of U.S. oceans from potential......
05 January, 2025WASHINGTON —Today, Energy Workforce & Technology Council, Independent Petroleum Association of America, US Oil and Gas Association, National Ocean Industries Association, Western Energy Alliance, and the International Association of Drilling Contractors issued the following statements in response to Maryland Judge Boardman’s decision to vacate the 2020 Gulf of Mexico Biological......
10 September, 2024WASHINGTON – The Independent Petroleum Association of America (IPAA), Energy Workforce & Technology Council, U.S. Oil and Gas Association (USOGA), Western Energy Alliance, National Stripper Well Association, National Ocean Industries Association, Gulf Energy Alliance, International Association of Drilling Contractors, SE Oil and Gas Association, Louisiana Mid-Continent......
25 July, 2024The American Petroleum Institute (API), Energeo Alliance (Energeo), Independent Petroleum Association of America (IPAA), Louisiana Mid-Continent Oil & Gas Association (LMOGA), National Ocean Industries Association (NOIA), and Offshore Operators Committee (OOC) (collectively, the Associations) offer the following comments on the Bureau of Ocean Energy Management’s......
01 November, 2023The American Petroleum Institute (API), Energeo Alliance (Energeo), Independent Petroleum Association of America (IPAA), and Louisiana Mid-Continent Oil & Gas Association (LMOGA) (collectively, the Associations) offer the following comments on the Bureau of Ocean Energy Management’s (BOEM) call for information and nominations (Call) for lease......
01 November, 2023“… National Marine Fisheries Service (NMFS) must withdraw the Proposed Rule and reissue a critical habitat proposal that identifies for designation only those “specific areas within” areas of the Gulf of Mexico (GOMx) actually occupied by Rice’s whales that qualify as habitat and on which......
06 October, 2023
