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U.S. Department of Energy
Office of Scientific and Technical Information

Pacific summary report. [Contains glossary]

Technical Report ·
OSTI ID:5293252
Lease Sale 80, held on October 17, 1984, was the second areawide lease sale in the Pacific Region. Two future sales for the Pacific Outer Continental Shelf are proposed for 1987. There have been numerous oil and gas discoveries during the past 5 years as industry focuses its exploration efforts on the previously overlooked Miocene Monterey zone. The southern Santa Maria Basin and the Santa Barbara Channel remain industry's prime target areas for exploration and development. Remaining recoverable reserves of oil and gas on the Outer Continental Shelf off southern California are estimated to be 1,153 million barrels of oil and 2,141 billion cubic feet of gas. Production levels have remained fairly constant during the past year at approximately 85,000 barrels per day. By the early 1990s, however, some projections indicate that production will reach levels of 500,000 barrels per day or more as industry develops its recent discoveries. There are currently 180 active leases, covering 937,116 acres, in Federal waters off the coast of California. The 11th Pacific lease sale, Lease Sale 80, offered 657 blocks in southern California. A planned State lease sale for offshore tracts in California waters is on hold, pending the outcome of litigation between the State agencies involved in offshore leasing of State lands. Meanwhile, exploration and development activity continues on existing State leases. Although piping of crude oil from production facilities to onshore processing facilities remains the goal of local policymakers, the county has accepted the transporting of oil by tanker on an emergency and interim basis. 40 refs., 15 figs., 15 tabs.
Research Organization:
Rogers, Golden and Halpern, Inc., Reston, VA (USA)
OSTI ID:
5293252
Report Number(s):
OCS/MMS-85-0040; ON: TI85902091
Country of Publication:
United States
Language:
English