Abstract
The Outer Continental Shelf Lands Act (OCSLA) is the key statute governing federal offshore oil and gas leasing and development. Enacted in 1953 and amended several times since, the OCSLA is the Department of Interior’s primary authority for managing leasing activity on the Outer Continental Shelf. Area-wide leasing releases for bid all unleased blocks in every lease sale, and so the government does not directly regulate how much acreage is leased outside the lease sales in the program plan. In this introductory chapter, the engine of OCS activity – lease sales – is reviewed, and the OCS leasing process and revenue components are described. Historic statistics on lease sale activity from 1994 to 2014, including acreage available, bid on and awarded, is summarized.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
A nautical mile is equal to 6,080.2 ft, while a marine league is equal to 18,228.3 ft.
References
U.S. Dept. of the Interior. Bureau of Ocean Energy Management (USDOI, BOEM). 2013. Submitting complete exploration and development plans. Available at: http://www.boem.gov/Oil-and-Gas-Energy-Program/Plans/index.aspx.
U.S. Dept. of the Interior. Bureau of Ocean Energy Management (USDOI, BOEM). 2014. BOEM Leasing Database. Available at: http://data.boem.gov/homepg/data_center/leasing/leasing.asp.
U.S. Dept. of the Interior. Minerals Management Service (USDOI, MMS). 2001. Oil and gas leasing procedures guidelines. U.S. Dept. of the Interior, Minerals Management Service, Gulf of Mexico OCS Region, New Orleans, LA. OCS Study MMS 2001–076.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2015 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Kaiser, M.J. (2015). Outer Continental Shelf Leasing. In: Offshore Service Industry and Logistics Modeling in the Gulf of Mexico. Springer, Cham. https://doi.org/10.1007/978-3-319-17013-8_1
Download citation
DOI: https://doi.org/10.1007/978-3-319-17013-8_1
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-17012-1
Online ISBN: 978-3-319-17013-8
eBook Packages: EnergyEnergy (R0)