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To
Our Guests:
Welcome
to our web site. Thank you for taking time to visit with us.
The dedicated men and
women of the Minerals Management Service regulate domestic energy
production off America’s coast on the Outer Continental Shelf (OCS).
We also collect and disburse royalty revenue generated from energy
production on all Federal and American Indian lands. In our short,
25-year history, we have disbursed more than $176 billion to states,
American Indians, and the U.S. Treasury.
We, the people
at MMS, oversee an offshore energy program that provides about 27
percent of America’s domestic oil production and about 15 percent of
our domestic natural gas production. Without MMS’s hard work, our
nation’s reliance on foreign sources of oil would likely be even
higher than it is today.
In addition, we
were recently given the authority by the Congress to regulate the
development of alternative energy on the OCS. We are in the process
of developing the guidelines and regulations that will govern this
new frontier with a goal of harnessing the energy potential of wind,
wave, ocean current, tidal, and hydrogen generation.
(02/13/2008)

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Advances
in Oil and Gas Leasing, Drilling and Production Continue in
Deepwater Gulf of Mexico
Latest Deepwater Gulf of Mexico Report Presents 2007
Industry Highlights
HOUSTON--With
approximately 72 percent of the Gulf of Mexico’s oil
production coming from wells drilled in 1,000 feet (305
meters) of water or greater, advancement into
deepwater Gulf of Mexico (GOM) continues as offshore
operators meet the challenges presented in exploring and
developing this energy frontier. With
approximately 72 percent of the Gulf of Mexico’s oil
production coming from wells drilled in 1,000 feet (305
meters) of water or greater, advancement into deepwater Gulf
of Mexico (GOM) continues as offshore operators meet the
challenges presented in exploring and developing this energy
frontier. The continued expansion is detailed in the latest
deepwater report released today by
Randall Luthi, Director of the Minerals Management Service
(MMS), at the Offshore Technology Conference in
Houston. The report,
Deepwater Gulf of Mexico 2008:
America’s Offshore Energy Frontier,
(9.05 MB PDF file), chronicles the
activities of the oil and gas industry in the deepwater
(1,000 feet of water or more) Gulf over the past sixteen
years.
(05/05/2008)
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Minerals
Management Service and the Gulf of Mexico Energy Security
Act of 2006
On
December 20, 2006, the President signed into law the Gulf of
Mexico Energy Security Act of 2006 (Pub. Law 109-432). The
Act significantly enhances OCS oil and gas leasing
activities and revenue sharing in the Gulf of Mexico (GOM).
The Act:
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requires leasing in 8.3 million acres in the GOM, including 5.8
million acres that were previously held under Congressional
moratoria;
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bans oil and gas leasing within 100 miles of the Florida
coastline in the Eastern Planning Area, and a portion of the Central
Planning Area, until 2022;
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shares leasing revenues with Gulf producing states and the Land
& Water Conservation Fund for coastal restoration projects; and,
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allows companies to
exchange certain existing leases in moratorium areas for
bonus and royalty credits to be used on other GOM
leases.
(03/20/2008)
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