Federal leasing and outer continental shelf energy production goals
Technical Report
·
OSTI ID:6175286
The goals are determined by adding the production from existing OCS leases, estimated production from lease sales appearing on DOI's draft proposed lease schedule for 1979--81 and on DOE's schedule for the 1982--February 1985 period. DOE's average production goals can be stated in terms of current total OCS production and current total domestic production of oil and natural gas. As a percent of estimated 1978 OCS production, the average goals are 97% for oil and 86% for gas in 1985, 204% for oil and 76% for gas in 1990, and 199% for oil and 45% for gas in 1995. Expressed as a percent of 1978 domestic production, the average goals amount to 9% for oil and 19% for gas in 1985, 20% for oil and 17% for gas in 1990 and 19% for oil and 10% for gas in 1995. The average oil production goals increase while the average gas production goals decrease from 1985 to 1990. From 1990 to 1995, there is a slight decrease in the average oil goal and a substantial decrease in the average gas goal. Reducing the maximum number of sales per year from seven to six results in 4% less total oil production and 15% less total gas production. This compares to 3% more total oil production and 2% more total gas production with eight sales per year. Compared to DOE's seven sales per year schedule for 1982--February 1985, DOI's draft proposed lease schedule for this same period provides 58% of the total oil production and 72% of the total gas production. This is a difference of 904 mmbbl of oil and 1459 bcf of gas production over the production life of the leases.
- Research Organization:
- Department of Energy, Washington, DC (USA). Office of Leasing Policy Development
- OSTI ID:
- 6175286
- Report Number(s):
- DOE/RA-0037
- Country of Publication:
- United States
- Language:
- English
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