Oil and gas leasing/production program
- comp.
As the Congress declared in the Outer Continental Shelf Lands Act the natural gas and oil production from the Outer Continental Shelf constitutes an important part of the Nation's domestic energy supply. Federal offshore minerals are administered within the Department of the Interior by the Minerals Management Service (MMS), which provides access to potential new sources of natural gas and oil offshore by conducting lease sales. Each year, on or before March 31, the MMS presents to Congress a fiscal year annual report on the Federal offshore natural gas and oil leasing and production program. In FY 1991, this program was the third largest producer of non-tax revenue for the US Treasury, contributing more than $3 billion. This report presents Federal offshore leasing, sales, production, and exploration activities, and environmental monitoring activities.
- Research Organization:
- Minerals Management Service, Herndon, VA (United States). Office of Statistics and Information
- Sponsoring Organization:
- DOI; Department of the Interior, Washington, DC (United States)
- OSTI ID:
- 7009342
- Report Number(s):
- OCS/MMS-92-0059; ON: TI93003569
- Country of Publication:
- United States
- Language:
- English
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