Oil and Gas - Gulf of Mexico

Feature Image
offshore rig

The Gulf continues to be the nation's primary offshore source of oil and gas, generating about 97% of all U.S. OCS oil and gas production.

OCS activities generate substantial revenues from lease sales, royalties on production, and rental fees. These funds are distributed to the U.S. Treasury and several different programs through various revenue sharing laws. The largest portion goes to the General Fund of the U.S. Treasury, which benefits all U.S. citizens through funding of daily operations of the Federal Government. 

In FY2021, revenues totaled $4.1 Billion from OCS oil and gas activities.

Lease Sale Information

Leasing and Plans

Resource Evaluation

Risk Management