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The Alabama Trust Fund (ATF) is the wealth fund of the U.S. state of Alabama and was established in 1985 in response to a major offshore natural gas discovery in 1978. The fund is funded by royalty payments that are received each month from oil and gas companies and its assets total around $2.5 billion. [1]
The state of Louisiana issued its first offshore oil and gas lease in 1936, and the following year the Pure Oil Company discovered the first Louisiana offshore oil field, the Creole Field, 1.2 miles (1.9 km) from the shore of Cameron Parish, from a platform built on timber pilings in 10-to-15-foot-deep (3.0 to 4.6 m) water.
Offshore oil and gas in the United States provides a large portion of the nation’s oil and gas supply. Large oil and gas reservoirs are found under the sea offshore from Louisiana, Texas, California, and Alaska. Environmental concerns have prevented or restricted offshore drilling in some areas, and the issue has been hotly debated at the ...
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Sonat was founded in Birmingham, Alabama, as Southern Natural Gas Corporation in 1928. In 1953, the company spun off its natural gas utility division, forming Birmingham-based Alabama Gas Corporation .
A survey of 1,200 staff by Unite found three-quarters have vowed never to set foot on the helicopter again.
Most oil and gas commissions make API numbers (and well header data) available on-line and free of charge. The ability to download the data varies from state to state. Below is a list of the 50 states, along with their state code, and the name and internet address of their oil and gas regulatory agency where available.
Receive a Lump Settlement”); news of a local “fracking committee” holding a meeting to welcome the oil industry to the area; and petitions from the State Oil and Gas Board and drilling ...