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Outer Continental Shelf: Debate Over Oil and Gas Leasing and Revenue Sharing

Description: Oil and gas leasing in the Outer Continental Shelf (OCS) has been an important issue in the debate over energy security and domestic energy resources. The Department of the Interior (DOI) released a comprehensive inventory of OCS resources in February 2006 that estimated reserves of 8.5 billion barrels of oil and 29.3 trillion cubic feet of natural gas. Congress has imposed moratoria of the OCS since 1982 through the annual Interior appropriation bills. Proponents of the moratoria contend that … more
Date: January 22, 2008
Creator: Humphries, Marc
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Outer Continental Shelf: Debate Over Oil and Gas Leasing and Revenue Sharing

Description: Oil and gas leasing in the Outer Continental Shelf (OCS) has been an important issue in the debate over energy security and domestic energy resources. The Department of the Interior (DOI) released a comprehensive inventory of OCS resources in February 2006 that estimated reserves of 8.5 billion barrels of oil and 29.3 trillion cubic feet of natural gas. Congress has imposed moratoria of the OCS since 1982 through the annual Interior appropriation bills. Proponents of the moratoria contend that … more
Date: July 15, 2008
Creator: Humphries, Marc
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Royalty Relief for U.S. Deepwater Oil and Gas Leases

Description: The most common incentives for offshore oil and gas development include various forms of royalty relief. The Outer Continental Shelf Lands Act (OCSLA) authorizes the Secretary of the Interior to grant royalty relief to promote increased oil and gas production. The Deep Water Royalty Relief Act of 1995 (DWRRA) expanded the Secretary's royalty relief authority in the Gulf of Mexico outer continental shelf (OCS). This report outlines the ongoing controversy over royalty relief, related legislation… more
Date: September 18, 2008
Creator: Humphries, Marc
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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