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Outer Continental Shelf Oil and Gas Assessment 2006 The MMS has completed an assessment of the undiscovered technically recoverable resources (UTRR) underlying offshore waters on the Outer Continental Shelf (OCS). This assessment was based on information available as of January 1, 2003, including information obtained from new exploration activities.
The MMS estimates that the quantity of undiscovered
technically recoverable resources ranges from 66.6 to 115.3 billion barrels
of oil and 326.4 to 565.9 trillion cubic feet of natural gas. The mean or
average estimate is 85.9 billion ba These estimates represent the potential quantities of undiscovered hydrocarbons that can be conventionally produced using existing or reasonably foreseeable technology, without any consideration of economic feasibility. Current technology includes drilling in water in excess of 3000 meters (10,000 feet) deep and to subsea depths in excess of 9600 meters (31,700 feet). MMS periodically conducts comprehensive assessments of the undiscovered oil and gas resources on the OCS. The last comprehensive inventory was completed in 2001, with an interim update in 2003 to reflect significant changes in natural gas potential in the Gulf of Mexico. The resource assessments also include production and reserve estimates for the OCS as well as estimates of undiscovered economically recoverable resources. Undiscovered economically recoverable resources (UERR), presented in the form of price-supply curves, represent the portion of the undiscovered technically recoverable hydrocarbons that can be explored, developed and commercially produced at given costs and price considerations.
The results
of this assessment, published as a brochure entitled
Assessment of
Undiscovered Technically Recoverable Oil and Gas Resources of the Nation’s
Outer Continental Shelf, 2006
is available in electronic form below or in printed form
free of charge, as long as supplies last, from the MMS Resource Evaluation
Division, 381 Elden Street, Mail Stop 4070, Herndon, VA 20170.
2006 Assessment Publications: 2006 Assessment Data Files:
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