Legislation Relating To Oil And Gas Leasing On The Outer Continental Shelf
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Legislation Relating To Oil And Gas Leasing On The Outer Continental Shelf
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Author : United States. Congress. Senate. Committee on Energy and Natural Resources
language : en
Publisher:
Release Date : 1991
Legislation Relating To Oil And Gas Leasing On The Outer Continental Shelf written by United States. Congress. Senate. Committee on Energy and Natural Resources and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Continental shelf categories.
Outer Continental Shelf
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Author :
language : en
Publisher:
Release Date : 2008
Outer Continental Shelf written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Continental shelf categories.
Oil and gas leasing in the Outer Continental Shelf (OCS) has been an important issue in the debate over energy security and domestic energy resources. The Department of the Interior (DOI) released a comprehensive inventory of OCS resources in February 2006 that estimated reserves of 8.5 billion barrels of oil and 29.3 trillion cubic feet (tcf) of natural gas. Another 86 billion barrels of oil and 420 tcf of natural gas are classified as undiscovered resources. Congress has imposed moratoria on much of the OCS since 1982 through the annual Interior appropriation bills. Proponents of the moratoria contend that offshore drilling would pose unacceptable environmental risks and threaten coastal tourism industries. Several bills related to oil and gas leasing in the OCS were introduced in the 109th Congress. On June 29, 2006, the House approved H.R. 4761, the Deep Ocean Energy Resources Act of 2006, by a vote of 232-187. The bill would have allowed states, using specified criteria, to petition the Secretary of the Interior to lease the OCS adjacent to state waters. The Senate proposed an offshore leasing bill that was much more narrow in scope (S. 3711). The bill would make available about 8.3 million acres, provide coastal states with a share of the revenues generated from offshore leases (37.5%), extend the buffer zone within which drilling will not be allowed to 125 miles from parts of Florida, and provide a share of the revenues (12.5%) to the Land and Water Conservation Fund state-run programs. On August 1, 2006, the Senate approved S. 3711 by a vote of 71-25. A conference agreement on the two very different OCS bills (H.R. 4761 and S. 3711) did not take place. Instead, at the end of the 109th Congress, the House leadership attached S. 3711 to a broad tax relief measure, H.R. 6111 (P.L. 109-432), that passed the House on December 8, 2006, and the Senate on December 9. Royalty relief, particularly for deep-water projects, has come under closer scrutiny since it was revealed in a February 2006 New York Times article that leases issued during 1998 and 1999 did not contain price thresholds for royalty relief (above which royalties apply) as part of the Deep Water Royalty Relief Act (DWRRA) of 1995 (leases issued between 1996-2000). As a result, those leaseholders continue to pay no federal royalties on specified suspension volumes, even though oil prices are at an all-time high. Under the new majority leadership in the 110th Congress, the House passed legislation (H.R. 6 and H.R. 3221) that would offer a remedy for the offshore leases without price thresholds. On December 6, 2007, the House passed amendments to the Senate-passed version of energy policy legislation (H.R. 6) without the royalty relief remedy contained in the two earlier House-passed bills above. The royalty relief remedy provisions were subsequently not enacted in final energy policy legislation, (P.L. 110-140). However, Kerr McGee Oil and Gas Corp. (now Anadarko Petroleum Corp.) filed a lawsuit challenging MMS's authority to impose price thresholds in the DWRRA leases. On October 18, 2007, a ruling was issued by the U.S. District Court, Western District of Louisiana, in favor of Kerr McGee.
Outer Continental Shelf Moratoria On Oil And Gas Development
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Author : Curry L. Hagerty
language : en
Publisher: DIANE Publishing
Release Date : 2010-11
Outer Continental Shelf Moratoria On Oil And Gas Development written by Curry L. Hagerty and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11 with Technology & Engineering categories.
Moratoria provisions for the outer continental shelf, enacted over 26 years, prohibited federal spending on oil and gas development in certain locations and for certain activities. These annual congressional moratoria expired on Sept. 30, 2008. While the expiration of the legislative restrictions does not make leasing and drilling permissible in all offshore areas, it is a significant development in conjunction with other changes in offshore leasing activity. Contents of this report: (1) Recent Developments; (2) Economic Feasibility; Environmental Risk; Improvements in Offshore Technology; (3) Sources of U.S. Moratorium Policy; (4) Background on Ocean Governance; (5) U.S. Moratoria in International Areas; (6) Issues for Congress. Maps. Illustrations.
Leasing Of Sulfur Or Oil And Gas In The Outer Continental Shelf Us Bureau Of Ocean Energy Management Regulation Boem 2018 Edition
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Author : The Law The Law Library
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-06-16
Leasing Of Sulfur Or Oil And Gas In The Outer Continental Shelf Us Bureau Of Ocean Energy Management Regulation Boem 2018 Edition written by The Law The Law Library and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-16 with categories.
Leasing of Sulfur or Oil and Gas in the Outer Continental Shelf (US Bureau of Ocean Energy Management Regulation) (BOEM) (2018 Edition) The Law Library presents the complete text of the Leasing of Sulfur or Oil and Gas in the Outer Continental Shelf (US Bureau of Ocean Energy Management Regulation) (BOEM) (2018 Edition). Updated as of May 29, 2018 This final rule updates and streamlines the existing Outer Continental Shelf (OCS) leasing regulations and clarifies implementation of the Federal Oil and Gas Royalty Simplification and Fairness Act of 1996, which amended the Federal Oil and Gas Royalty Management Act of 1982 (FOGRMA). The final rule reorganizes leasing requirements to more effectively communicate the leasing process as it has evolved over the years. The final rule makes changes to regulations which relate to the oil, gas, and sulfur leasing requirements. The final rule does not, however, include substantive changes to regulations which relate to bonding, which will be the subject of a separate new proposed rulemaking. This book contains: - The complete text of the Leasing of Sulfur or Oil and Gas in the Outer Continental Shelf (US Bureau of Ocean Energy Management Regulation) (BOEM) (2018 Edition) - A table of contents with the page number of each section
Regulations Pertaining To Mineral Leasing Operations And Pipelines On The Outer Continental Shelf
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Author :
language : en
Publisher:
Release Date : 1975
Regulations Pertaining To Mineral Leasing Operations And Pipelines On The Outer Continental Shelf written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Continental shelf categories.
Offshore Oil And Gas Development Legal Framework
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Author : Adam Vann
language : en
Publisher: DIANE Publishing
Release Date : 2014
Offshore Oil And Gas Development Legal Framework written by Adam Vann and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Offshore gas industry categories.
Legislation Relating To Oil And Gas Leasing On The Outer Continental Shelf
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Author : United States. Congress. Senate. Committee on Energy and Natural Resources
language : en
Publisher:
Release Date : 1991
Legislation Relating To Oil And Gas Leasing On The Outer Continental Shelf written by United States. Congress. Senate. Committee on Energy and Natural Resources and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Continental shelf categories.
Impact Of Regulations After Federal Leasing On Outer Continental Shelf Oil And Gas Development
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1981
Impact Of Regulations After Federal Leasing On Outer Continental Shelf Oil And Gas Development written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Continental shelf categories.
Outer Continental Shelf Oil And Gas Development
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Author : United States. Congress. Senate. Committee on Interior and Insular Affairs. Subcommittee on Minerals, Materials, and Fuels
language : en
Publisher:
Release Date : 1974
Outer Continental Shelf Oil And Gas Development written by United States. Congress. Senate. Committee on Interior and Insular Affairs. Subcommittee on Minerals, Materials, and Fuels and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Natural gas in submerged lands categories.
The President S Five Year Ocs Oil And Gas Leasing Plan
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Author : United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Oceanography, Great Lakes, and the Outer Continental Shelf
language : en
Publisher:
Release Date : 1991
The President S Five Year Ocs Oil And Gas Leasing Plan written by United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Oceanography, Great Lakes, and the Outer Continental Shelf and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Continental shelf categories.
