{"id":16250,"date":"2025-04-14T03:44:43","date_gmt":"2025-04-14T03:44:43","guid":{"rendered":"https:\/\/wifamily.news\/?p=16250"},"modified":"2025-04-14T03:59:07","modified_gmt":"2025-04-14T03:59:07","slug":"trump-expands-gulf-of-america-oil-natural-gas-production","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=16250","title":{"rendered":"Trump Expands Gulf of America Oil & Natural Gas Production"},"content":{"rendered":"

This post originally appeared at https:\/\/www.wisconsinrightnow.com\/trump-expands-gulf-of-america-oil-and-natural-gas-production\/<\/a><\/p>\n

\"Trump<\/p>\n

Reversing Biden administration policies that halted offshore leasing, prompting lawsuits and restricting oil and natural gas development, the Trump administration is expanding offshore capabilities.<\/p>\n

Interior Secretary Doug Burgum directed the Bureau of Ocean Energy Management to hold the administration\u2019s first offshore lease sales in the Gulf of America, with the first proposed notice of sale slated for June.<\/p>\n

\u201cBy continuing to expand offshore capabilities, the United States ensures affordable energy for consumers, strengthens domestic industry and reinforces its role as an energy superpower,\u201d the Interior Department says. \u201cOpening the Outer Continental Shelf is central to this strategy as it unleashes domestic energy potential that had been blocked under the previous administration,\u201d and is expected to generate tens of thousands of high-paying jobs throughout the industry.<\/p>\n

The BOEM also released a new analysis<\/a> stating that a significant increase of estimated oil and natural gas reserves exists in the Gulf of America Outer Continental Shelf. BOEM\u2019s updated assessment evaluated more than 140 oil and natural gas fields, identifying 18 new discoveries, and analyzed more than 37,000 reservoirs across 1,336 fields in the Gulf.<\/p>\n

It says there\u2019s an \u201cadditional 1.3 billion barrels of oil equivalent since 2021, bringing the total reserve estimate to 7.04 billion barrels of oil equivalent. This includes 5.77 billion barrels of oil and 7.15 trillion cubic feet of natural gas \u2013 a 22.6% increase in remaining recoverable reserves.\u201d<\/p>\n

\u201cThis new data confirms what we\u2019ve known all along \u2013 America is sitting on a treasure trove of energy, and under President Trump\u2019s leadership, we\u2019re unlocking it,\u201d Burgum said. \u201cThe Gulf of America is a powerhouse, and by streamlining permitting and expanding access, we\u2019re not just powering our economy \u2013 we\u2019re strengthening our national security and putting thousands of Americans back to work.\u201d<\/p>\n

The comprehensive review added 4.39 billion barrels of oil equivalent in original reserves, BOEM found. \u201cAfter subtracting production of 3.09 billion barrels of oil equivalent since 2020\u20132021, the net increase reflects continued opportunity and momentum in offshore development,\u201d it says.<\/p>\n

\u201cThe Gulf of America is delivering 14% of the nation\u2019s oil,\u201d BOEM Gulf of America Regional Director Dr. James Kendall said. \u201cThese updated estimates reaffirm the Gulf\u2019s vital role in ensuring a reliable, affordable domestic energy supply.\u201d<\/p>\n

The BOEM oversees nearly 3.2 billion acres of the Outer Continental Shelf, with roughly 160 million acres located in the Gulf.<\/p>\n

\u201cEnergy dominance is a pillar of U.S. economic strength and global leadership,\u201d the Interior Department argues. \u201cBy expanding offshore capabilities, the United States ensures affordable energy for consumers, creates high-paying jobs, and reduces dependence on foreign adversaries. \u2026 Expanded leasing is projected to create tens of thousands of jobs across exploration, production, logistics and supply chains \u2014 revitalizing coastal economies and fueling American innovation.\u201d<\/p>\n

Shell Offshore Inc., a subsidiary of Shell plc, also announced<\/a> it is beginning production at Dover, a second subsea tieback connecting new wells to existing infrastructure of its Appomattox production hub in the Gulf of America. Dover\u2019s estimated peak production is 20,000 barrels of oil equivalent a day, it says.<\/p>\n

Shell is the leading deep-water operator in the Gulf of America; Dover was discovered under the first Trump administration in 2018.<\/p>\n

It\u2019s located in Mississippi Canyon, roughly 170 miles offshore southeast of New Orleans.<\/p>\n

Shell estimates that Dover will \u201ccontain 44.5 million barrels of oil equivalent recoverable resources, adding stable, secure energy resources.\u201d<\/p>\n

Outer Continental Shelf oil and gas activities have generated billions of dollars in revenue from lease sales, rental fees and royalties to the federal government and states, helping to fund infrastructure, education and public services and wildlife conservation. They also help strengthen U.S. energy independence, national security and global stability, by reducing reliance on foreign producers, the Trump administration argues.<\/p>\n

Offshore production in the Gulf of America accounts for the third greatest volume in the country, of nearly 1.8 million barrels of oil per day, according to Energy Information Agency data from January. The greatest volume is produced in the Permian Basin in west Texas, which leads the U.S. in oil and natural gas production, The Center Square reported<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

This post originally appeared at https:\/\/www.wisconsinrightnow.com\/trump-expands-gulf-of-america-oil-and-natural-gas-production\/ Reversing Biden administration policies that halted offshore leasing, prompting…<\/p>\n","protected":false},"author":15,"featured_media":4240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-16250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wi-right-now"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/16250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16250"}],"version-history":[{"count":2,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/16250\/revisions"}],"predecessor-version":[{"id":16252,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/16250\/revisions\/16252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/4240"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}