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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.
Eugene Island block 330 oil field is an oil field in the United States Exclusive Economic Zone in the Gulf of Mexico. It is located 170 miles (270 km) southwest of New Orleans , 70–85 miles (113–137 km) off the Louisiana coast comprising six and a half leased blocks: Eugene Island 313, 314 south, 330, 331, 332, 337 and 338.
According to GCAGS Transactions, it has an average width of 8 kilometres (5.0 mi), and a length of 120 kilometres (75 mi). The US Minerals Management Service (MMS) applies the name Mississippi Canyon to numbered federal oil and gas lease blocks over a large offshore area centered on, but mostly outside, the submarine canyon.
The first federal lease sale offshore Alaska was held in 1976. Alaska produces oil and gas from offshore areas in the Cook Inlet and the Arctic Ocean. [7] Endicott Island is an artificial island built to produce oil from beneath the Beaufort Sea. There are currently four artificial islands being used for drilling.
The possible offshore lease sale became an issue in the 2009 race for governor of Virginia. [43] The winner, Bob McDonnell, urged during his tenure that the sale take place. [44] In May 2010, President Obama announced his decision to cancel the offshore Virginia lease sale, in response to the Deepwater Horizon oil spill in the Gulf of Mexico. [45]
Oil companies routinely assign code names to offshore prospects early in the exploration effort. This practice helps ensure secrecy during the confidential pre-sale phase, and later provides convenient names for casual reference rather than the often similar-sounding official lease names denoted by, for example, the Minerals Management Service in the case of federal waters in the USA.
Chevron, Shell Offshore, the American Petroleum Institute and the state of Louisiana sued to reverse the cut in acreage and block the inclusion of the whale-protecting measures in the lease sale ...
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]