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Bidding and production profiles for the various outer continental shelf leasing methodologies, 1954 to 1978

Technical Report ·
DOI:https://doi.org/10.2172/5169809· OSTI ID:5169809
The 1978 Outer Continental Shelf Lands Act Amendments charged the government with promulgating new regulations concerning the leasing of offshore tracts for hydrocarbon development. Among the reasons for this charge were to increase competition, reduce front-end money, and stimulate production. We used box plots to provide profiles of the bidding and production data from the different historical leasing methodologies. These profiles can be used to provide insights into the present data and to allow comparison with results of the new regulations.
Research Organization:
Los Alamos Scientific Lab., NM (USA)
DOE Contract Number:
W-7405-ENG-36
OSTI ID:
5169809
Report Number(s):
LA-8497-MS
Country of Publication:
United States
Language:
English