The
NewsRoom
Release: #3363
Date: September 29, 2005
Implementation of Plans and Information Delayed
in Wake of Hurricane Katrina
WASHINGTON- In the wake of
Hurricane Katrina, the Minerals Management Service is
delaying until January 1, 2006, the effective date of a rule
(52 KB PDF file)
that regulates plans and information that lessees and operators must
submit in connection with oil and gas exploration, development and
production in the Outer Continental Shelf.
The final rule on plans and
information, published in the
Federal Register on August 30 (462 KB PDF file) and originally slated to
become effective today requires MMS to publish a
Notice to Lessees (NTL)
to provide further guidance. The primary office responsible for
developing those procedures, the MMS Gulf of Mexico Regional Office in
New Orleans, Louisiana, has been closed since Hurricane Katrina hit on
August 29, 2005. The delay in implementation will provide relief
to the government and the oil and gas industry as they recover from
this disaster.
MMS, part of the U.S. Department
of the Interior, oversees 1.76 billion acres of the Outer Continental
Shelf, managing offshore energy and minerals while protecting the
human, marine, and coastal environments. The OCS provides 29 percent
of oil and 19 percent of natural gas produced domestically, as well as
sand used for coastal restoration. MMS collects, accounts for, and
disburses mineral revenues from Federal and American Indian lands, and
contributes to the Land and Water Conservation Fund and other special
use funds,
with Fiscal Year 2004 disbursements of about $8 billion and more than
$143 billion since 1982.
Contact:
Nicolette
Nye
(703) 787-1011
Securing Ocean Energy & Economic Value for
America
U.S. Department of the Interior
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