It begins with defining the territorial waters and the Exclusive Economic Zone and continues with explaining the differences of state and federal waters. It describes what the federal Outer Continental Shelf (OCS) is and the areas of the OCS that are closed to leasing (the majority). Next this module explains the Five-Year Leasing Programs. It continues by providing detail about the western and central Gulf of Mexico, including: the development to date, exploration and development's movement into deeper water, subsea completions and floating platforms. We then move north to the Alaskan Outer Continental Shelf and see the cancelled sales of the past, the story of the Chukchi Sea and Beaufort areas, and finally take a look at the Cook Inlet. Lastly, it explains the offshore leasing process and about leasing in state waters.
Duration: Approximately 27 minutes, depending on user pace.
Learning Objectives: Upon successful completion of this module, you will be able to:
- Describe offshore territories where the federal government and states own mineral rights
- Point out the offshore areas where most development has taken place
- Relate how most US offshore areas are not available for leasing
- Discuss the 5-Year Leasing Programs and the leasing process
- Explain how available shallow-water areas have been extensively developed so activity continues to move into deeper waters
Prerequisites: Module 1-12
Advance Preparation: None
Program Level: Non-technical
Format: Prerecorded narrator with supporting visuals. User controls course pace.