Policy News

Atlantic OCS Geophysical Surveys Garner Industry Support

Leading geophysicists, geologists and other geoscientists from across a broad spectrum of the geological and geophysical industry this week urged the Obama Administration to move forward in approving pending permits for geological and geophysical surveys for exploration of the Mid- and South Atlantic Outer Continental Shelf (OCS).

In a letter to the Secretary of the U.S. Department of the Interior, more than 200 geoprofessionals say, “Geophysical surveys are a time-tested technology that have been shown to be compatible with the marine environment for more than 50 years.” Citing government data that conclude, “There is no documented scientific evidence of seismic sources adversely affecting animal populations,” the professionals emphasize the industry can and does “successfully coexist with sustainable marine life populations.”

Geophysical surveys will identify areas that may hold recoverable oil and gas reserves and areas that may not, and will enable leaders to make informed decisions on how to best utilize these resources to ensure the nation’s future energy security. The surveys are vital for offshore leasing, which provided more than nine billion dollars in direct federal revenue in 2013. The Bureau of Ocean Energy Management (BOEM) has also stated that offshore activity creates another $62 billion in added value through jobs and tax revenue at the Federal, state and local level.

In July 2014, BOEM issued an overall decision to authorize permitting of geophysical activities on the Atlantic OCS that would obtain the necessary geophysical data to inform future policies regarding exploration in the Atlantic OCS. Ten permit applications have been pending BOEM’s review since that decision. Those permit applications are currently undergoing public comment and review.

To read a copy of the letter, click here.

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