Energy policy moves forward without omnibus legislation

As Congress decides whether to try to salvage the omnibus bill it has twice failed to pass, the oil and gas industry should recognize that with energy policy, good things can happen in small packages.Two such good things have occurred recently—one through regulation and the other through legislation.On Jan. 26, the US Minerals Management Service implemented royalty relief for production of natural gas from wells deeper than 15,000 ft in shallow waters of the Gulf of Mexico (OGJ Online, Jan. 26, 2004).The action suspends royalty on the first 15 bcf of gas produced from 15,000-18,000 ft and the first 25 bcf of gas produced from depths exceeding 18,000 ft. It also suspends royalty for ...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected