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The Role of the Federal OCS
in Supplying the Future Natural Gas Demand of the U.S. The U.S. Department of the Interior's Minerals
Management Service (MMS) held a symposium April 25th, 2000 in Houston, Texas.
"The conference was an excellent
opportunity for our constituents to share their ideas with the geologists and planners of
the MMS," said former MMS Director Walt Rosenbusch.
In recent years, significant discussions have
concentrated on future natural gas supply, deliverability, and demand. Predictions by EIA
and the National Petroleum Council indicate that natural gas demand for the U.S. could
reach as high as 30 TCF by the year 2010. The 1998 natural gas production in the U.S. was
19 TCF. Planners are concerned as to where the additional 11 TCF supply would come from.
How much additional imports could be expected from Canada? Can imports of liquid natural
gas or possible gas-to-liquid conversion be an answer? Can this be an opportunity for
producers? If so, where should investments be made? These are some of the questions being
pondered.
For example, at present more than 25% of the
Nations natural gas production comes from the OCS, primarily in the Gulf of Mexico.
At present, most gas production in the Gulf comes from the shelf (<200 meters water
depth). However, production from the slope and deep water is steadily increasing. Concerns
have been expressed that the production decline rate may significantly reduce production.
However, an analysis of production data for the last 10 years dispels that notion. More
than 75% of the Gulfs monthly production comes from completions that are no more
than 4 years old. To sustain or increase the present production rate, a robust, consistent
drilling rate needs to be maintained. The present gas and oil prices and the availability
of good prospects assure such activity.
In order to evaluate the significance of OCS
natural gas, MMS initiated an investigation of the future gas supply from the OCS in 1999.
A report on the study is now downloadable in Word 97 or Adobe PDF format from this
page by clicking the links in the section below.
Copies of the report itself
were made
available at the OCS Policy Committee Meeting in Bar Harbor, Maine the week of May 15,
2000.
MMS is the federal agency that manages the
Nation's natural gas, oil and other mineral resources on the OCS, and collects, accounts
for and disburses about $4 billion yearly in revenues from offshore federal mineral leases
and from onshore mineral leases on federal and Indian lands.
PowerPoint Presentations
Microsofts PowerPoint Viewer for the Windows
Operating System Only
The program allows individuals who do not own the program to view and print the
presentations above. Information is available in the download area of
Microsoft's web
site.
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Download the Report |
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Section
I: Federal OCS |
Word97 Format
(856 kb) |
Adobe PDF
Format (192 kb) |
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Section
II: Gulf of Mexico & Atlantic Region |
Word97 Format
(5927 kb) |
Adobe PDF
Format (598kb) |
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Section
III: Pacific Region |
Word97 Format
(1488 kb) |
Adobe PDF
Format (231kb) |
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Section
IV: Alaska Region |
Word97 Format
(5739 kb) |
Adobe PDF
Format (1040kb) |
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Executive
Summary |
Word97 Format
(8.8 kb) |
Adobe PDF
Format (12.5 kb) |
Pictures from the
Conference
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Former MMS Director Walt Rosenbusch presents opening remarks at the
MMS Natural Gas Conference, April 25, 2000, Houston, Texas. |
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Images of Attendees and participants
at the MMS Natural Gas Conference, April 25, 2000, Houston, Texas. |
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Image of Registration at the MMS Natural Gas Conference, April 25,
2000, Houston, Texas. |
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Image of Former MMS Director Walt Rosenbusch and Gulf of Mexico Regional
Supervisor for Production and Development Mike Melancon answer questions from reporters at
the MMS Natural Gas Conference, April 25, 2000, Houston, Texas. |
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Image of Former MMS Director Walt Rosenbusch's closing remarks. |
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