The US Minerals Management Service and the Department of Energy plan to help develop technology for oil and gas production in the ultra-deep waters of the Gulf of Mexico.
They signed a memorandum of understanding Dec. 4 that they said would promote programs to help reduce US dependence on imported oil and better supply increasing gas demand.
The partnership is aimed at the development, commercialization, and implementation of new or existing technologies that will lower exploration and production costs in waters more than 5,000 ft, while maintaining operational and marine safety.
Government officials will identify areas where technology gaps exist and recommend federal research and development. They also will promote increased revenues for government and private ultra-deepwater research.
MMS will be responsible for research initiatives regarding safety of operations, conservation of resources, oil spill research, and protection of marine environment. It will work closely with DOE�s Office of Natural Gas and Petroleum Technology.