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Wednesday, April 22, 2020 | History

2 edition of Outer continental shelf revenues found in the catalog.

Outer continental shelf revenues

United States. Congress. Senate. Committee on Energy and Natural Resources.

Outer continental shelf revenues

hearing before the Committee on Energy and Natural Resources, United States Senate, Ninety-ninth Congress, first session, on the distribution of outer continental shelf section 8(g) revenues in response to instructions from the budget resolution, September 24, 1985.

by United States. Congress. Senate. Committee on Energy and Natural Resources.

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  • 20 Currently reading

Published by U.S. G.P.O. in Washington .
Written in English

    Subjects:
  • Continental shelf -- Economic aspects -- United States.,
  • Revenue sharing -- United States.,
  • Coastal zone management -- United States.,
  • Marine resources -- United States.

  • Edition Notes

    SeriesS. hrg -- 99-468.
    The Physical Object
    Paginationiii, 133 p. ;
    Number of Pages133
    ID Numbers
    Open LibraryOL17746374M

      Case in point: the oil and gas industry supports more than $1 trillion in total value added to the economy, representing percent of U.S. GDP. Additionally, outer continental shelf revenues, totaling more than $8 billion a year, and more than $ billion since the first offshore well was drilled, is the source for the $ million which.


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Outer continental shelf revenues by United States. Congress. Senate. Committee on Energy and Natural Resources. Download PDF EPUB FB2

Outer Continental Shelf limits greater than nautical miles but less than either the 2,meter isobath plus nmi or nmi are defined by a line 60 nautical miles ( km; mi) seaward of the foot of the continental slope or by a line seaward of the foot of the continental slope connecting points where the sediment thickness.

were $ billion. It is not apparent what effect lower revenues (which should recover in ) might have had on appropriations of OCS revenues and other legislative proposals.

Legislation introduced in the Congress seeks to capture half of oil and gas revenues from the outer Outer continental shelf revenues book shelf (OCS) for coastal states. Outer Continental Shelf: Debate Over Oil and Gas Leasing and Revenue Sharing Summary Oil and gas leasing in the Outer Continental Shelf (OCS) has been an important issue in the debate over energy security and domestic energy resources.

The Department of the Interior (DOI) released a comprehensive inventory of OCS resources in February that estimated reserves of billion barrels of oil. Get this from a library. Outer continental shelf revenues: hearing before the Committee on Energy and Natural Resources, United States Senate, Ninety-ninth Congress, first session, on the distribution of outer continental shelf section 8(g) revenues in response to instructions from the budget resolution, Septem [United States.

Council For Conservation And Reinvestment Of Outer Continental Shelf Revenues is a Louisiana Non-Profit Corporation filed on J The company's filing status is listed as Inactive and its File Number is N. The Registered Agent on file for this company is Warren A.

Fleet and is located Outer continental shelf revenues book P. Box N. 3rd St., Baton Rouge, LA Founded: § Leases, easements, and rights-of-way on the outer Continental Shelf § Disposition of revenues § a. Moneys received as a result of forfeiture by Outer Continental Shelf permittee, lessee, or right-of-way holder; return of excess amounts § Repealed.

Pub. –, § 8(b), Aug. 13,Stat. §   This Directive provides notice and field direction on the application of Internal Revenue Code (Code) sectionthe Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA) (collectively, employment tax) to remuneration for work performed on the Outer Continental Shelf, in the Gulf of Mexico (the OCS).

Get this from a library. Outer continental shelf: hearings before the Committee on Interior and Insular Affairs, United States Senate, Eighty-third Congress, first session, on S. a bill to provide for the jurisdiction of the United States over Outer continental shelf revenues book submerged lands of the outer continental shelf, and to authorize the Secretary of the Interior to lease such lands for certain purposes ; S.

The Outer Continental Shelf Lands Act (OCSLA) ofas amended, provides for the leasing of OCS lands in a manner that protects the environment and returns revenues to the federal government in the form of bonus bids, rents, andCited by: 5.

sea-bed and subsoil of the outer Continental Shelf, or the property and natural resources thereof or the revenues Page 2 National legislation - DOALOS/OLA - United Nations asdfFile Size: 41KB.

Outer Continental Shelf — generally defined as all submerged lands that lie beyond the coastal states' territorial boundaries, to a water depth of meters or where exploration is feasible. The state territorial boundaries normally extend 3 nautical miles, except in Florida and Texas where seaward boundaries extend 10 nautical miles.

A continental shelf is a portion of a continent that is submerged under an area of relatively shallow water known as a shelf sea. Much of these shelves has been exposed during glacial periods and interglacial shelf surrounding an island is known as an insular shelf. The continental margin, between the continental shelf and the abyssal plain, comprises a steep continental slope.

Outer Continental Shelf: Debate Over Oil and Gas Leasing and Revenue Sharing Most Recent Developments Royalty relief, particularly for deep-water projects, has come under closer scrutiny since it was revealed in a February New York Times article that leases issued during and did not contain pr ice thresholds for royalty relief (above.

21st Century Essential Guide to the Minerals Management Service (MMS), Outer Continental Shelf (OCS), Natural Gas, Oil, Alaska, Pacific, and Gulf of Mexico (CD-ROM) [U.S.

Government] on *FREE* shipping on qualifying offers. 21st Century Essential Guide to the Minerals Management Service (MMS), Outer Continental Shelf (OCS), Natural Gas, Oil. This book is a study of outer continental shelf (OCS) national energy policy, including its evolvement in the Carter years changes now taking place under President Reagan.

As such, it is a presentation by all the levels of complex organizations involved in the drafting and implementation of the OCS Oil and Gas Leasing Program. The Outer Limits of the Continental Shelf: Legal Aspects B.

The Legal or Artificial Nature of the Continental Shelf. The first of these findings reiterate a conclusion reached long ago; that the continental shelf, although originally a physical concept, is princi-pally a legal or artificial concept that developed to suit the purpose of File Size: KB.

determine the outer limits of the continental shelf. This provision states that: “The continental shelf of a coastal State comprises the sea-bed and subsoil of theFile Size: KB.

A technology assessment of outer continental shelf oil and gas operations}, author = {Kash, D E and White, I L and Bergey, K H and Chartock, M A and Devine, M D and Leonard, R L and Salomon, S N and Young, H W}, abstractNote = {The technology assessment of the U.

outer continental shelf oil and gas operations is an attempt to introduce all. Outer Continental Shelf: Debate Over Oil and Gas Leasing and Revenue Sharing Most Recent Developments President Bush announced on Jthat he would like to open areas of the Outer Continental Shelf (OCS) for oil and gas development currently under presidential and congressional moratoria (discussed in more detail below).

However,Cited by: 5. Robert B. Krueger, in Energy & Resource Development of Continental Margins, Other Uses. The Outer Continental Shelf Lands Act does not now authorize construction of islands or other structures except for resource exploitation. The Geneva Convention on the Continental Shelf has the same limited scope of authority.

The Deepwater Port Act of does. Outer Banks offshore fishing is heightened by the proximity to the continental shelf. The ledge (of the continental shelf) is only about 30 miles east of North Carolina’s Oregon Inlet and Hatteras Inlet.

At the shelf, the water depth free falls from fathoms ( feet) to fathoms (6, feet). Search, browse and learn about the Federal Register. Federal Register is the unofficial daily publication for rules, proposed rules, and notices of Federal agencies and organizations, as well as executive orders and other presidential documents.

of the Outer Continental Shelf Location and Description. Ina Federal statute, the Outer Continental Shelf Lands Act (OCSLA), was established to manage Federal offshore areas for the exploration of mineral resources.

The term outer continental shelf means all submerged lands lying seaward and outside of the area of lands beneath navigable. OCS stands for “Outer Continental Shelf.” According to the Outer Continental Shelf Lands Act (signed into law in and amended in ), the U.S.

OCS includes “all submerged lands lying seaward and outside of the area of lands beneath navigable waters of which the subsoil and seabed appertain to the United States and are subject to.

S. A bill to amend the Gulf of Mexico Energy Security Act of to modify a definition and the disposition and authorized uses of qualified outer Continental Shelf revenues under that Act and to exempt State and county payments under that Act from sequestration, to provide for the distribution of certain outer Continental Shelf revenues to the State of Alaska, and for other purposes.

Section 8(a)(8) (43 U.S.C. (a)(8)) of the Outer Continental Shelf Lands Act (OCSLA) requires that, at least 30 days before any lease sale, a Notice be submitted to Congress and published in the Federal Register. This Notice of Bidding Systems is for SaleEastern Gulf of Mexico, scheduled to be held in December The impact of outer continental shelf (OCS) development on recreation varies considerably depending not so much on the region but rather on the characteristics of the community near which the outer continental shelf development takes place.

In most instances, there Author: Susan H. Anderson. This website is funded in part with qualified outer continental shelf oil and gas revenues by The Coastal Impact Assistance Program, Bureau of Ocean Energy Management, Regulation and Enforcement, and the U.S. Department of the Interior.

The draft proposal program proposes lease sales throughout the outer continental shelf waters off the continental U.S. as well as Alaska. Learn more about the proposed Outer Continental Shelf Oil and Gas Leasing Program.

Oregon’s Response pdf Tri. However, revenues were negligible because federal land managers were reluctant to charge for recreation, particularly since they didn't get to keep any of the receipts.

So in Congress provided direct appropriations from outer continental shelf revenues to the Land & Water Conservation Fund. Extension of the continental shelf regime, in the context of its outer limit beyond miles, the entitlement of rocks to this limit, and the scope of coastal state rights and duties, is analyzed Author: Kevin A.

Baumert. revenues associated with mineral leases on federal and American Indian lands and the Outer Continental Shelf. Disbursements are made on a monthly basis from royalties, rents and bonuses collected by the ONRR.

• FY ONRR disbursed $ billion ONRR is responsible for the management of revenues associated with federal. Subpart N - Outer Continental Shelf Civil Penalties (§§ - ) Subpart O - Well Control and Production Safety Training (§§ - ) Subpart P - Sulphur Operations (§§ - ) Subpart Q - Decommissioning Activities (§§ - ) Subpart R [Reserved].

'This book is an accessible and thorough analysis of the current state of play in the Central Arctic Ocean and its five bordering coastal states, an area where the combination of melting sea-ice and the growing demand for oil and gas has increased international interest in resource exploration, shipping rights and environmental by: Title.

Record of Decision for Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale (February ): Record of Decision for Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale (August ): Record of Decision for Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale (March ): Notice of Intent to Prepare a Supplemental Environmental Impact Statement.

Notes: 1) The figures on this page are total oil and gas production volumes removed from the ground. Sales volumes will differ slightly from production volumes for any given month/year due to fuel, flare, and vent volumes, or sales which occur in a different month from the production month.

13 Outer Continental Shelf (OCS) lease sales located in Alaska and the Gulf of Mexico are currently being considered by the Bureau of Ocean Energy Management (BOEM). An alternative approach being considered by BOEM would ban all new leasing.

This paper documents the detrimental impact on the U.S. economy if such a ban were imposed. Board members are made of up industry professionals from a number of companies with interests in offshore and outer continental shelf exploration.

View all board members. Chairman. John Smith Fieldwood Energy LLC. West Sam Houston Pkwy. S., Suite ; Houston, TX.

The Outer Continental Shelf Lands Act requires the Secretary of the Interior, through BOEM, to prepare and maintain a schedule of proposed oil and gas lease sales in federal waters, indicating the size, timing, and location of auctions that would best meet national energy needs for the five-year period following its approval.

Nov 8, H.R. (th). To distribute revenues from oil and gas leasing on the outer Continental Shelf to certain coastal States, to require sale of approved offshore oil and gas leases, to promote offshore wind lease sales, and to empower States to manage the development and production of oil and gas on available Federal land, and for other purposes.

Oil and Gas Development on U.S. Outer Continental Shelf Important for Jobs, Economy. Houston (12 July ) – Today, the U.S. House Natural Resources Subcommittee on Energy and Mineral Resources hosted a hearing to evaluate federal offshore oil and gas development on the U.S.

Outer Continental Shelf (OCS).In response to the testimony, IADC President Jason McFarland issued .Structure. A continental shelf typically extends from the coast to depths of – metres (– feet).

It is gently inclined seaward at an average slope of about °. In nearly all instances, it ends at its seaward edge with an abrupt drop called the shelf this lies the continental slope, a much steeper zone that usually merges with a section of the ocean floor called.

These funds, which are made up of non-taxpayer dollars from Outer Continental Shelf lease revenues, are part of $ million being awarded .