Federal Offshore Leasing Exploration Production Revenue

All Abstracts > Statistical Abstract of the United States > 2003 Edition > Natural Resources > Federal Offshore Leasing, Exploration, Production, and Revenue

Table 878

Federal Offshore Leasing, Exploration, Production, and Revenue

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			1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002
Federal Offshore Leasing, Exploration, Production, and Revenue
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	2.92	5.00	4.20
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	40.22	42.89	49.15	45.69
Bonus Paid For Leased Tracts	Billions of dollars.		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)⁴	1.3	0.3	0.3	1.0	0.1
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	13,718	13,921	13,282
Cumulative Wells (since 1953)	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	22,115	22,814	24,218	25,232
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	224	213	119
New Wells Being Drilled	Suspended	Number	739	724	701	597	313	348	279	265	289	361	266	249	180	193	222	247	1,323	244	122	110	146	97	72
Revenue	Billions of dollars.	Total¹	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	5.2	5.8⁶	5.0⁷
	Bonuses	Billions of dollars.	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	0.2	0.4	0.5⁶	0.1⁷
	Oil And Gas Royalties¹	Billions of dollars.	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	4.1	4.8⁶	4.7⁷
	Rentals	Billions of dollars.	(Z)⁵	(Z)⁵	(Z)⁵	(Z)⁵	(Z)⁵	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	0.21	0.13⁶	0.4⁷
Sales Value²	Billions of dollars.		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	19.8	22.3	17.6	17.4	27.4	31.4⁶	31.0⁷
	Natural Gas	Billions of dollars.	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	15.9	20.1⁶	18.9⁷
	Oil	Billions of dollars.	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	8.0	9.0	6.2	6.5	11.5	11.3⁶	12.1⁷
Sales Volume³	Natural Gas	Billion Cubic Feet	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	4,992	4,723	3,470⁶	4,971⁷
Sales Volume³	Oil	Millions Of Barrels	278	290	321	348	370	389	390	366	321	305	324	316	354	363	369	409	438	479	477	513	566	463⁶	612⁷
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	553	942	804
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	7,992	8,790	8,548

Footnotes

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.

⁴ Not available.

⁵ Less Than $5.0 Million

⁶ Covers January through September 2001 only.

⁷ Estimate

Source

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

<http://www.mms.gov/stats/ocsfacts.htm>

<http://www.gomr.mms.gov/homepg/lesale/swiler/Table_1.PDF>

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