Alternative energy leasing strategies and schedules for the Outer Continental Shelf

Book · Wed Jan 01 04:00:00 EST 1975

OSTI ID:7269617

Kalter, R J; Tyner, W E; Hughes, D W

Analysis of alternative leasing systems for offshore petroleum and natural gas exploration indicates that the current cash bonus system is not as good as any of the five new systems. The study explores the geology and energy potential of the Outer Continental Shelf, comparative leasing systems and schedules, and potential costs based on various scales, constraints, and market conditions. The four systems using capital recovery profits shares (annuity and British--fixed and variable rate) are all significantly better. The fifth system, royalty--variable rate, is somewhat better than the current system. Comparison of alternative leasing schedules shows only minor differences among the systems. Not considered, but of significant importance, are the effects on schedules of environmental and production trade-offs and social implications. (51 references) (DCK)

• OSTI ID: 7269617
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000 -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
CONTINENTAL SHELF
DRILLING
ECONOMICS
ENERGY POLICY
ENERGY SOURCES
ENVIRONMENTAL EFFECTS
EXPLORATION
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
GEOLOGY
GOVERNMENT POLICIES
INFORMATION
LEASING
MATHEMATICAL MODELS
NATURAL GAS DEPOSITS
OFFSHORE DRILLING
PETROLEUM
PETROLEUM DEPOSITS
RESOURCES
TABLES