Contingent Resources in the Pacific Outer Continental Shelf

Abstract

The National Outer Continental Shelf (OCS) Leasing Program for oil and gas development establishes a schedule of lease sales proposed for planning areas of the U.S. Outer Continental Shelf (OCS). In April 2017, the Secretary of the Interior issued guidance to the Bureau of Ocean Energy Management (BOEM) to develop a new National OCS 5-year Leasing Program for 2019-2024 to replace the current 2017-2022 plan. The program includes all four Pacific Outer Continental Shelf (POCS) planning areas: Washington-Oregon, Northern, Central, and Southern California. The Pacific OCS has over four decades of production and development history with over 1.35 billion barrels of oil in cumulative production. Many undeveloped fields in previously explored basins are situated within reach of existing offshore OCS infrastructure. To fully constrain the Pacific OCS resource potential that could be developed utilizing current platforms, BOEM and Bureau of Safety and Environmental Enforcement (BSEE) staff have re-evaluated 3D seismic reflection data, historic well, engineering and production data, and analog field data in the offshore Santa Maria and Santa Barbara Channel.

AAPG Datapages/Search and Discovery Article #90339 ©2019 AAPG Pacific Section Convention 2019, Long Beach, California, April 1-3, 2019