Minerals Management Service Director Johnnie Burton will be in New Orleans on March 15 to host the Central Gulf of Mexico Lease Sale 198.Burton will open the sale at 9 a.m. (CST) in the Napoleon Ballroom with brief remarks.Immediately following the bid reading, she will hold a media availability to discuss the results of the sale. Lease Sale 198 encompasses 4,040 unleased blocks covering approximately 21.3 million acres in the Central GOM Outer Continental Shelf Planning Area offshore Louisiana, Mississippi, and Alabama. The blocks are located from three to more than 210 miles offshore, in water depths of four to more than 3,400 meters. MMS estimates the lease sale could result in the production of 276 to 654 million barrels of oil and 1.59 to 3.30 Tcf of natural gas. The lease sale will be broadcast at www.oosa.com.
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Articles from Johnnie
MMS’ Burton: Three Months Before Most Gulf Production Back on Market
Amid the extensive damage to onshore energy facilities in the wake of Hurricane Katrina, Minerals Management Service (MMS) Director Johnnie Burton on Friday said it will be at least three months before 90% of pre-storm Gulf of Mexico production returns to U.S. markets. Right now the GOM is producing about 65% of its pre-Katrina average of natural gas and less than half of its previous oil volumes.
MMS: GOM Deepwater Still Expanding Frontier
The extraordinary growth of oil and gas operations in the deepwater Gulf of Mexico (GOM) continues to be an expanding frontier, Minerals Management Service (MMS) Director Johnnie Burton said Wednesday. However, competition for exploration and production (E&P) budgets worldwide could hinder stronger growth.
MMS: GOM Deepwater Still Expanding Frontier
The extraordinary growth of oil and gas operations in the deepwater Gulf of Mexico (GOM) continues to be an expanding frontier, Minerals Management Service (MMS) Director Johnnie Burton said Wednesday. However, competition for exploration and production (E&P) budgets worldwide could hinder stronger growth.
MMS Director Touts Deep Shelf as Gas Supply Solution
Minerals Management Service (MMS) Director R.M. “Johnnie” Burton believes that the deep shelf area in the Gulf of Mexico could be a near term solution to the gas supply problem that will sting Americans with high prices this winter.
MMS Director Touts Deep Shelf as Gas Supply Solution
Minerals Management Service (MMS) Director R.M. “Johnnie” Burton believes that the deep shelf area in the Gulf of Mexico could be a near term solution to the gas supply problem that will sting Americans with high prices this winter.
