Lease
Information
The
Federal Government leases mineral rights to the submerged lands on
the Outer Continental Shelf (beyond 3-miles from the State’s seaward
boundary). These rights are conveyed by contracts referred to as
leases. Each lease covers an area that is no more than 5,760 acres
and is generally a square measuring 3 miles by 3 miles. Under a
lease, a company has the right to apply for permits to explore and
develop the mineral resources within that area. Before approving the
permits, MMS carefully reviews all applications to ensure that the
activities will be conducted in a safe and environmentally sound
manner and that the interests of key stakeholders are effectively
addressed.
Cost
Recovery
For more
information, contact:
Elverlene Williams
(805) 389-7837
Web Master:
Nollie
Gildow-Owens
Page content last updated 4/22/2009
Page last published
4/22/2009 |