Bloomberg News

Deepwater Permitting Pace Close to Pre-BP Spill Level, U.S. Says

March 15, 2012

The pace of permitting for deepwater oil and gas exploration in the Gulf of Mexico is approaching the level reached before the 2010 BP Plc (BP/) oil spill, the U.S. Interior Department said.

The agency granted 61 deepwater new-well drilling permits in the 12 months ended Feb. 27, six fewer than from February 2009 to February 2010, before the Deepwater Horizon explosion, Adam Fetcher, a spokesman for the department, said today in an e-mail.

To contact the reporter on this story: Katarzyna Klimasinska in Washington at

To contact the editor responsible for this story: Steve Geimann at

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