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IADC Testimony Urges Speedy Return to Drilling
July 14, 2010The International Association of Drilling Contractors filed testimony with the Department of Energy's National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling advocating a prompt return to deep-water drilling. IADC presented data that offshore drilling, including deep water, has a proven safety record when conducted according to accepted industry standards. Some 14,000 deep-water wells have been drilled without major incident until the recent Macondo blowout, "an extreme and unprecedented event," the testimony said. According to government statistics, more than 2,500 deep-water wells have been drilled since 2006. Only three well control incidents spilling 25.5 barrels occurred over that time, excluding Macondo. The employment and economic implications of a continued ban are severe and potentially catastrophic, IADC said. Its study of 11,875 offshore and support personnel shows that these individuals call 296 (68 percent) of Congressional Districts home. Full release.
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