The Determinants of Oil and Gas Reserves Additions: Empirical Evidence from the U.S. Gulf of Mexico Outer Continental Shelf (OCS) Region from 1977 to 1998

2001 ◽  
Author(s):  
Omowunmi O. Iledare ◽  
Allan G. Pulsipher
Keyword(s):  
Gulf Of Mexico ◽  
Continental Shelf ◽  
Empirical Evidence ◽  
Oil And Gas ◽  
Outer Continental Shelf ◽  
The U.S

scholarly journals An Improved Method to Estimate the Probability of Oil Spill Contact to Environmental Resources in the Gulf of Mexico

2019 ◽  
Vol 7 (2) ◽  
pp. 41 ◽  
Author(s):  
Zhen Li ◽  
Walter Johnson
Keyword(s):  
Gulf Of Mexico ◽  
Oil Spill ◽  
Oil And Gas ◽  
Current Data ◽  
Environmental Resources ◽  
Ocean Energy ◽  
Outer Continental Shelf ◽  
Socioeconomic Resources ◽  
The U.S

The oil spill risk analysis (OSRA) model is a tool used by the Bureau of Ocean Energy Management (BOEM) to evaluate oil spill risks to biological, physical, and socioeconomic resources that could be exposed to oil spill contact from oil and gas leasing, exploration, or development on the U.S. Outer Continental Shelf (OCS). Using long-term hindcast winds and ocean currents, the OSRA model generates hundreds of thousands of trajectories from hypothetical oil spill locations and derives the probability of contact to these environmental resources in the U.S. OCS. This study generates probability of oil spill contact maps by initiating trajectories from hypothetical oil spill points over the entire planning areas in the U.S. Gulf of Mexico (GOM) OCS and tabulating the contacts over the entire waters in the GOM. Therefore, a probability of oil spill contact database that stores information of the spill points and contacts can be created for a given set of wind and current data such that the probability of oil spill contact to any environmental resources from future leasing areas can be estimated without a rerun of the OSRA model. The method can be applied to other OCS regions and help improve BOEM’s decision-making process.

Contract Drillers and Causal Histories along the Gulf of Mexico

2003 ◽  
Vol 62 (3) ◽  
pp. 218-220 ◽  
Author(s):  
Thomas R. McGuire ◽  
Andrew Gardner
Keyword(s):  
Gulf Of Mexico ◽  
Continental Shelf ◽  
Oil And Gas ◽  
Oil Prices ◽  
Product Market ◽  
Oil And Gas Industry ◽  
Outer Continental Shelf ◽  
Gas Industry ◽  
Employment Insecurity ◽  
Significant Events

Corporate mergers in the oil and gas industry in the late 1990s were accompanied by reduced spending for exploration and drilling on the Outer Continental Shelf of the gulf of mexico, even though oil prices were skyrocketing. this lack of response to a favorable price environment is an anomaly for product market theories and can better be understood within a framework of causal history. This approach begins with significant events and traces specific causes and consequences. One significant consequence of the mergers is a redefinition of loyalty among a workforce exposed to increasing employment insecurity.

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