12.03.2019

THE ECONOMIC BENEFITS OF INCREASING US ASSETS TO OFFSHORE OIL AND NATURAL GAS RESOURCES IN THE EASTERN GULF OF MEXICO

The Economic Benefits of Increasing US Access to Offshore Oil and Natu

Author(s) Guest Offshore
Publisher API & NOIA
Date 2014
Pages 86
Format pdf
Size 4 Mb
D O W N L O A D

 

 

 

 

 

 

The main content of the present report released by jointly by API and NOIA was intended to quantify all significant benefits to the economy of the United Stated that were expected to stem from opening of the Gulf of Mexico, or the eastern Gulf, to the development of oil and gas.

All potential impacts of the offshore exploration of the hydrocarbons have been projected together with the production of oil and gas on the basis of the data collected by the industry experts. The economic benefits have been estimated through 2035. The report covers all important aspects of the oil and gas exploration and production in the area.

The report structure is duly explained in the introductory part of the publication. The resources of the Eastern Gulf have been analyzed and presented in a very understandable way making this report reader friendly even to the non-professionals and newcomers.

Particular attention was paid to the data development - this part of the volume deals with the resources and project spending as well as development of the economic data and governmental revenue. There is a separate chapter addressing such aspects as drilling, production, and spending activities, employment, projects etc.

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