Bloomberg BNA published an article entitled “Atlantic Seismic Surveys May Get Permits But Await Action.” This article begins as follows:
“Six companies are hoping to get permits to conduct seismic surveys in the U.S. Atlantic offshore as a step toward identifying the most promising places to drill for oil or natural gas.
The Trump administration is supportive of the seismic work, but uncertainty remains over whether the surveys actually will be conducted. No lease sales for exploration drilling have been scheduled for the Outer Continental Shelf in the Atlantic, and without the prospect of lease sales, the service companies that do the seismic work may be unable to find clients among oil companies to finance the surveys.