Models predict cost savings of Louisiana program

RIGS-TO-REEF-2Several models can predict the range of savings that companies can expect by participating in the Louisiana artificial-reef program.Louisiana’s artificial-reef program (LARP) is the largest program of its kind in the world. The program includes more than 83 artificial-reef sites with more than 120 decommissioned platforms.The program requires companies that donate structures to contribute half of the cost savings realized to the Louisiana artificial-reef trust fund.This second article in a three-part series provides details on the LARP, describes the cost savings associated with reef donation, and derives quantitative relations that predict the donation amount based on...

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