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1173. Federal Offshore Leasing, Exploration, Production, and Revenue

[See source for explanation of terms and for reliability statement]

 
Item Unit 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
 
Tracts offered................................................................ Number....................... 483 1,398 1,410 21,689 27,928 15,754 10,724 10,926 28,382 11,013 10,459 16,600 9,618 10,164 10,861 10,995 12,230 9,870 8,205 7,453
Tracts leased........................................................... Number....................... 218 430 357 1,251 1,387 681 142 640 1,621 1,049 825 676 204 336 560 835 1,537 1,780 1,157 333
Acres offered........................................................... Millions 2.56 7.68 7.64 119.81 154.38 87.03 58.67 59.76 158.02 60.10 56.79 90.29 52.38 55.07 58.90 59.70 70.00 26.24 44.10 40.23
Acres leased............................................................ Millions 1.13 2.27 1.89 6.59 7.40 3.57 0.73 3.45 8.84 5.58 4.30 3.41 1.02 1.71 2.78 4.34 8.15 9.62 6.34 1.77
Bonus paid for leased
tracts................................................................... Bil. dol......................... 4.2 6.7 4.0 5.7 3.9 1.6 0.2 0.5 1.3 0.6 0.6 0.3 0.1 0.1 0.3 0.4 0.9 (NA) 1.3 0.3
 
New wells being drilled:
  Active................................................................ Number....................... 191 173 166 134 253 195 95 142 116 123 120 64 104 129 120 124 835 186 173 219
  Suspended............................................................ Number....................... 739 724 701 597 313 348 279 265 289 361 266 249 180 193 222 247 1,323 244 122 110
Cumulative wells (since 1953):
  Wells completed....................................................... Number....................... 9,638 10,308 11,164 11,990 11,861 12,285 12,536 12,736 12,827 12,938 13,167 13,184 13,209 13,181 13,342 13,475 13,583 13,546 13,702 13,676
  Wells plugged and abandoned............................................ Number....................... 8,057 8,704 8,913 9,374 9,903 10,487 11,909 12,373 13,164 13,846 14,677 15,430 16,348 16,709 17,427 18,008 18,268 18,728 21,050 22,134
 
Revenue, total 1...................................................... Bil. dol......................... 6.4 10.0 7.8 9.2 7.9 5.3 2.8 2.9 3.4 2.9 3.4 2.8 2.6 2.8 2.9 2.7 4.3 5.3 4.3 3.2
  Bonuses............................................................ Bil. dol......................... 4.2 6.7 4.0 5.7 3.9 1.6 0.2 0.5 1.3 0.6 0.8 0.3 0.1 0.1 0.3 0.4 0.8 1.4 1.3 0.3
  Oil and gas royalties 1............................................... Bil. dol......................... 2.1 3.3 3.8 3.5 3.9 3.6 2.5 2.3 2.1 2.1 2.6 2.3 2.3 2.5 2.3 2.1 3.1 3.4 2.7 2.6
  Rentals.............................................................. Bil. dol......................... (Z) (Z) (Z) (Z) (Z) 0.1 0.1 0.1 0.1 0.1 0.09 0.1 0.1 0.08 0.06 0.09 0.16 0.23 0.26 0.21
 
Sales value 2....................................................... Bil. dol......................... 13.1 20.2 22.6 21.5 24.0 22.2 15.7 14.6 12.9 13.4 17.0 14.9 15.1 16.4 15.0 13.8 27.6 31.1 17.6 17.4
  Oil........................................ Bil. dol......................... 5.2 9.6 10.1 10.3 10.8 10.6 6.5 6.3 4.8 5.3 7.0 6.3 6.3 5.9 5.2 6.3 8.1 8.9 6.2 6.5
    Crude oil............................................................. Bil. dol......................... 4.8 8.8 8.9 9.2 9.6 9.6 5.8 5.6 4.2 4.4 5.9 5.2 5.3 4.9 4.4 5.4 6.4 7.5 5.2 5.4
    Condensate.......................................................... Bil. dol......................... 0.4 0.8 1.2 1.1 1.2 1.0 0.7 0.7 0.7 0.8 1.1 1.1 1.0 0.9 0.7 0.9 1.3 1.4 1.1 1.1
  Natural gas........................................................... Bil. dol......................... 7.9 10.5 12.4 11.3 12.8 11.4 9.1 8.1 7.9 7.8 9.5 7.9 8.2 9.9 9.8 7.5 11.8 13.3 11.4 10.9
 
Sales volume: 3
  Oil........................................ Mil. bbls 278 290 321 348 370 389 390 366 321 305 324 316 354 363 369 409 638 479 476 512
    Crude oil............................................................. Mil. bbls 259 263 284 312 330 351 351 325 279 260 274 263 302 307 319 357 373 404 401 434
    Condensate.......................................................... Mil. bbls 19 27 37 36 40 38 39 41 41 45 51 52 52 55 51 52 65 75 75 78
  Natural gas........................................................... Bil. cu. ft 4,641 4,850 4,680 4,041 4,538 4,001 3,949 4,426 4,310 4,200 5,093 4,516 4,686 4,533 4,700 4,692 5,024 5,077 4,836 4,994


Z Less than $50 million.
1 Includes condensate royalties.
2 Production value is value at time of production, not current value.
3 Excludes sales volumes for gas lost, gas plant products or sulfur.

Source: U.S. Dept. of the Interior, Minerals Management Service, Federal Offshore Statistics, annual.

http://www.rmp.mms.gov/Stats/statsrm.htm http://www.mms.gov/stats/ocsfacts.htm



https://allcountries.org/uscensus/1173_federal_offshore_leasing_exploration_production_and.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.