The American Petroleum Institute, International Association of Geophysical Contractors, Independent Petroleum Association of America, and National Ocean Industries Association have published a fact sheet on why seismic surveys for oil and gas are needed in the United States’ Atlantic Ocean Outer Continental Shelf. There is some political opposition to seismic surveys in this area. The fact sheet explains that the last surveys of the Atlantic Outer Continental Shelf (OCS) were conducted 30 years ago. Due to technological advances, existing estimates of the available energy are out-of-date.” The fact sheet emphasizes that “[e]xisting resource estimates for the Atlantic OCS are: … 3.3 billion barrels of oil … 31.3 trillion cubic feet of natural gas.”
Read this entire fact sheet by clicking here.
