Offshore drilling/ exploration technology is a black-box for policy makers in India. Not so in USA. This report gives an overview prepared for US policy makers. The Outer Continental Shelf Lands Act (OCSLA), of US mandates that the Secretary:
shall require, on all new drilling and production operations and, wherever practicable, on existing operations, the use of the best available and safest technologies which the Secretary determines to be economically feasible, wherever failure of equipment would have a significant effect on safety, health, or the environment, except where the Secretary determines that the incremental benefits are clearly insufficient to justify the incremental costs of utilizing such technologies.
This PDF is available from The National Academies Press at http://www.nap.edu/catalog.php?record_id=18545
shall require, on all new drilling and production operations and, wherever practicable, on existing operations, the use of the best available and safest technologies which the Secretary determines to be economically feasible, wherever failure of equipment would have a significant effect on safety, health, or the environment, except where the Secretary determines that the incremental benefits are clearly insufficient to justify the incremental costs of utilizing such technologies.
This PDF is available from The National Academies Press at http://www.nap.edu/catalog.php?record_id=18545
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