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Offshore oil and gas reserves could meet U.S. needs for years
Houston report notes geological surveys show vast undiscovered oil and natural gas under coastal waters. Despite environmental protests, offshore exploration surged after a Dec. 20 lease sale in the Gulf of Mexico, with estimates of 160 to 190 billion barrels of oil and 820 to 1,110 trillion cubic feet of gas un tapped offshore.
MENTIONED IN THIS ARTICLE
Houston
America
Gulf of Mexico
Mavida
Gulf Coast
California
Santa +2 Barbara Channel
Channel G
United States
Santa Barbara Channel
Middle East
Herbert D. Drechsler
Columbia University
Dreschler
Tigs
U.S. Geological Survey
Alaska
Pacific Coast
Europe
North Sea
Great Britain