Louisiana Offshore

Federal OCS Production & State's 8(g) share of Federal Revenue

 

   

Federal OCS Production

 
    

(A)

(B)

(C) = (B) / 6

(D) = (A) + (C)

  

 Year

 

Crude Oil & Condensate
(bbl)

Casinghead & Dry Gas
(mcf)

Casinghead & Dry Gas
(boe)
[industry standard:
6 mcf = 1 bbl]

Total Production
Barrel of Oil Equivalents (boe)

Paid to Louisiana

8(g) Share of Federal OCS Revenue

1953

*

1,266,284

25,382,974

4,230,496

5,496,780

 

1954

 

2,416,684

61,104,514

10,184,086

12,600,770

 

1955

 

3,838,860

89,174,039

14,862,340

18,701,200

 

1956

 

7,030,682

92,658,051

15,443,009

22,473,691

 

1957

 

11,819,086

95,201,718

15,866,953

27,686,039

 

1958

 

19,693,626

146,476,573

24,412,762

44,106,388

 

1959

 

29,627,876

228,816,444

38,136,074

67,763,950

 

1960

 

40,608,419

287,184,398

47,864,066

88,472,485

 

1961

 

55,640,370

341,457,127

56,909,521

112,549,891

 

1962

 

76,760,007

460,395,415

76,732,569

153,492,576

 

1963

 

96,338,161

571,700,603

95,283,434

191,621,595

 

1964

 

111,259,777

657,509,495

109,584,916

220,844,693

 

1965

 

165,963,347

757,581,636

126,263,606

292,226,953

 

1966

 

174,262,585

972,207,948

162,034,658

336,297,243

 

1967

 

206,895,491

1,203,364,312

200,560,719

407,456,210

 

1968

 

250,750,797

1,518,507,284

253,084,547

503,835,344

 

1969

 

289,461,139

1,861,111,518

310,185,253

599,646,392

 

1970

 

326,929,906

2,315,355,871

385,892,645

712,822,551

 

1971

 

374,093,809

2,655,012,406

442,502,068

816,595,877

 

1972

 

371,664,657

2,911,641,756

485,273,626

856,938,283

 

1973

 

364,391,357

3,224,027,930

537,337,988

901,729,345

 

1974

 

336,763,253

3,344,660,590

557,443,432

894,206,685

 

1975

 

308,821,939

3,388,408,510

564,734,752

873,556,691

 

1976

 

229,172,903

3,532,017,404

588,669,567

817,842,470

 

1977

 

282,795,323

3,755,522,498

625,920,416

908,715,739

 

1978

 

273,932,263

4,083,241,273

680,540,212

954,472,475

 

1979

 

259,887,654

4,223,175,877

703,862,646

963,750,300

 

1980

 

255,335,863

4,190,788,707

698,464,785

953,800,648

 

1981

 

250,329,678

4,246,663,721

707,777,287

958,106,965

 

1982

 

269,091,969

3,873,552,714

645,592,119

914,684,088

 

1983

 

300,460,274

3,296,250,261

549,375,044

849,835,318

 

1984

 

333,068,442

3,746,674,125

624,445,688

957,514,130

 

1985

 

330,507,292

3,300,855,500

550,142,583

880,649,875

 

1986

 

335,358,029

3,069,670,092

511,611,682

846,969,711

$ 68,699,504

1987

 

303,086,548

3,384,342,974

564,057,162

867,143,710

$ 588,862,212

1988

 

273,655,098

3,390,418,253

565,069,709

838,724,807

$ 16,909,646

1989

 

252,987,039

3,380,040,292

563,340,049

816,327,088

$ 12,749,220

1990

 

249,650,229

3,553,534,364

592,255,727

841,905,956

$ 14,759,951

1991

 

270,329,209

3,407,500,570

567,916,762

838,245,971

$ 13,505,179

1992

 

271,621,791

3,303,614,473

550,602,412

822,224,203

$ 13,734,055

1993

 

279,714,061

3,350,158,319

558,359,720

838,073,781

$ 14,451,304

1994

 

285,405,027

3,505,825,546

584,304,258

869,709,285

$ 20,591,546

1995

 

324,914,623

3,623,701,544

603,950,257

928,864,880

$ 15,037,933

             
   

9,257,601,427

99,426,489,619

16,571,081,605

25,828,683,032

$ 779,300,550

data sources: 
Federal OCS (LA) Production:
http://www.mms.gov/eod/stats/productn.pdf (Tables 26 & 32)
Louisiana State 8(g) Share of Revenue:
http://ecep1.usl.edu/lep/ann97/table-27.htm

* assumes 1953 initial year of production for Federal OCS

prepared by Lee Ann Gerhart

Back to LA Production Graph

 

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