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The western and central Gulf of Mexico, which includes offshore Texas, Louisiana, Mississippi, and Alabama, is one of the major petroleum-producing areas of the United States. In 2007, federal leases in the western and central Gulf of Mexico produced 25% of the nation's oil and 14% of the nation's natural gas. [11]
In June, 2011, ExxonMobil announced two major oil and gas discoveries in Keathley Canyon blocks 918, 919, and 964 (Hadrian field) [7] 250 miles (400 km) southwest of New Orleans, with combined estimated reserves of 700 million barrels (110 × 10 ^ 6 m 3). [8]
The first federal lease sale offshore Florida was in 1959. In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. [28]
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A federal judge blocks an executive order on oil leasing in 13 states, the EPA has its eye on restoring certain chemical safety regulations, and the Energy Department projects that Democrats ...
The petroleum rights for the block 292 were acquired by BP, Devon Energy and Anadarko Petroleum in a federal lease sale in August 2003. [1] The Kaskida field was discovered in 2006 in a water depth of 5,860 feet (1,790 m). Transocean's drilling rig Deepwater Horizon drilled a well to a total depth of approximately 32,500 feet (9,900 m). [2]
(The Center Square) – According to a new analysis of federal and state data, “direct oil and natural gas industry Gross Regional Product, essentially GDP for a region of study, exceeded $60 ...
The following table lists offshore wind farm areas (by nameplate capacity) that are in various states development for the Outer Continental Shelf in U.S. territorial waters of the East Coast of the United States, [31] where a Bureau of Ocean Energy Management (BOEM) wind energy area lease has been secured [32] [33] and have gained at least some ...