12. Offshore Oil Development Sequence
Geographical representation of locations for the 1,196 proved fields in the Gulf of Mexico. The bar heights in
the figure are proportional to total proved reserves (barrel of oil equivalent) for each proved field by decade.
Source: OCS Report, MMS 2009-022, Estimated Oil and Gas Reserves
13. Historic Petroleum Production and Pricing:
Onshore and State-owned Waters for Gulf of Mexico States
$100.00
$100 00 4,000,000,000
4 000 000 000
chasers (Dollars per Barrel)
Crude Oil
$90.00 Texas 3,600,000,000
Louisiana
s
$80.00 Alabama 3,200,000,000
Mississippi
tewide Petroleu Production (BOE)
$70.00 2,800,000,000
Florida
U.S. Crud Oil Wellhead Acquisition Price by First Purc
$60.00 2,400,000,000
um
$50.00 2,000,000,000
$40.00 1,600,000,000
Stat
$30.00 1,200,000,000
$20.00 800,000,000
de
$10.00 400,000,000
$- 0
1930 1940 1950 1960 1970 1980 1990 2000
Crude Oil Data Source: Energy Information Administration - http://www.eia.doe.gov/
Production Data for Individual States reported from Publicly Available Sources.
14. Summary of Actual Production and Revenues in State-owned Waters
y State-
Alabama Texas Louisiana Florida Mississippi
State Waters
3 NM 9 NM 3 NM 9 NM 3 NM
(nautical miles)
Supporting Coastline 750 miles
50 miles 370 miles 450 miles 30 miles
(statute miles) (gulf-side)
Information
Start/Peak of
Production in n/a
1980s / 1990s 1950s / 1980s 1950s / 1980s n/a
State-owned
Waters
Crude Oil
Production in
528,000 36,000,000 2,000,000,000 n/a n/a
State-owned
Waters (bbl)
Production -
Cumulative Natural Gas
Production in
560,000,000 727,000,000 2,163,000,000 n/a n/a
State-owned
Waters (BOE)
Direct Revenues
from State-owned $2.97 billion Undifferentiated Undifferentiated None None
Waters
Revenue -
Cumulative
Direct Revenues
from Federal OCS $274 million $810 million $1.14 billion $2.4 million $25 million
8g Disbursements
Production and Revenue Data for Individual States reported from Publicly Available Sources.
15. Cumulative State Production for Onshore and State-owned
State-
Waters Areas and Hypothetical Market Values
Alabama Texas Louisiana Florida Mississippi
1944 through 2008 1932 through 2008 1945 through 2008 1943 through 2008 c.1951 through 2008
Crude Oil
Production (bbl) 691,675,990 56,742,303,000 15,882,674,421 603,744,743 2,137,644,810
Historic
Production for
Onshore and
in State-
owned Waters
Natural Gas
Production (mcf) 8,745,520,020 416,218,251,641 150,361,591,360 638,865,674 10,635,730,038
Historic Production
of Crude Oil $48.4 Billion $4.0 Trillion $1.1 Trillion $42.3 Billion $149.6 Billion
at $70/bbl
Value of
Historic Historic Production
Production at of Natural Gas $43.7 Billion $2.0 Trillion $0.7 Trillion $3.2 Billion $53.2 Billion
Today’s
o y at $5/mcf
Market Prices
Summary of the
Value of Historic $92.1 Billion $6.0 Trillion $1.8 Trillion $45.5 Billion $202.8 Billion
Production
Production Data for Individual States reported from Publicly Available Sources.
Value Projections based on 2009 Pricing.
19. Aerial-view from Dauphin Island, Alabama
Natural Gas Production Platforms
South of Mobile Bay
September 2009
Fort Morgan Peninsula, Alabama
Dauphin Island,
Alabama
20. Ground-level View from Dauphin Island, Alabama
Natural Gas Production Platforms
South of Mobile Bay - September 2009
Natural Gas Production Platform Natural Gas Production Platform
Natural Gas Production Platform
7.2 Nautical Miles 4.5 Nautical Miles
2.6 Nautical Miles
Fort Morgan Peninsula,
Alabama
View to the Southeast from Eastern End
of Dauphin Island, Alabama