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This page last updated:
July 14, 2004
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Deep Gas in Shallow Water
Over the last several years there has been steep decline in natural gas
production from the shallower water in the Gulf of Mexico OCS.
Beginning in the
year 2001 MMS adopted some incentives for new leases that would encourage
drilling for deeper deposits of natural gas in the shallow waters.
MMS offered
incentives of royalty relief for drilling below 15,000 TVD. On
January 26, 2004
MMS published a new incentive for existing leases.
Final Rule
Correction to the Deep Gas in Shallow Water Final Rule - Technical
Amendments (Federal Register Notice)
Deep Gas in
Shallow Water Rule - Technical Amendments (Federal Register
Notice)
Relief or
Reduction in Royalty Under Certain Federal Oil and Gas Leases on the Outer
Continental Shelf (Federal Register Notice)
Oil
and Gas and Sulphur Operations in the Outer Continental Shelf—Relief or
Reduction in Royalty Rates—Deep Gas Provisions - 30 CFR Part 203, January
26, 2004
Rocky Mountain Mineral Law Foundation Paper - Deep Gas Royalty
Relief (Final Rule)
Slide Presentation - Deep Gas Royalty Relief (Final Rule)
News Releases and Fact Sheets
-
Text
of Secretary Norton's Press Conference January 23, 2004
- Secretary
Norton Unveils New Incentives to Boost Domestic
Natural Gas Production, Save Americans $570 Million a Year
January 23, 2004
- Deep Shelf Gas
May Be More Abundant in Gulf than Earlier Forecast Probabilistic Estimate
Increases by 175% November 19, 2003
-
Americans Stung by High Fuel Prices:
Government Expert Cites Offshore Natural Gas as Potential Solution
, September 17, 2003
- Workshop on
Incentive To Increase Deep Gas Production From Shallow Gulf of Mexico Waters To
Be Held in Houston, April 17, 2003
- Secretary Norton Announces Major New Incentive For Deep Gas Production in
the Gulf of Mexico, March 26, 2003
Background Materials
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