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Resource Evaluation Program

The Resource Evaluation Program at the Bureau consists of five major components:

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Resource Assessment
 

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Reserves Inventory
 

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Fair Market Value Determination
 

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Regulation of Prelease Exploration
 

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G&G Data Acquisition and Analysis

The Resource Evaluation Program covers all Federal Outer Continental Shelf areas of the United States, as depicted on the map below.

Maps of Federal Outer Continental Shelf areas of the United States

Resource Evaluation functions are carried out by personnel located at the Bureau headquarters and regional offices.

Major responsibilities include:

bullet Analyzing proprietary G&G data in order to determine
 
bullet the volume and the nature of potential hydrocarbon accumulations
 
bullet the volume of reserves and production characteristics of discovered OCS oil and gas fields;
 
bullet Developing and updating computer models for evaluation of the economic value of the OCS hydrocarbon resources;
 
bullet Obtaining and interpreting G&G data in order to determine whether geologic conditions for energy and non-energy minerals exist;
 
bullet Processing, approval and monitoring of exploration permits for the federal OCS;
 
bullet Publishing of information pertinent to the mineral potential of the OCS;
 
bullet Working with coastal States in identifying and evaluating federal non-energy mineral resources with focus on sand for shoreline and wetlands protection, and barrier islands restoration;
 
bullet Provide support to the Agency’s Alternative Energy Program;
 
bullet Provide technical support to other governments on oil and gas data acquisition, evaluation and leasing issues as part of the Bureau’s International Activities Program.

Last Updated: 03/31/2011, 07:40 AM Central Time