Rigs-To-Reef—Conclusion: Texas, Louisiana programs offer similar cost savings

08/22/2005
Mark J. KaiserLouisiana State University Baton Rouge The economics on a structural basis for participating in the Texas artificial-reef program are similar to those of Louisiana’s program. The Louisiana program was discussed in Part 2 of this series (OGJ, Aug. 1, 2005, p. 38).Texas established its artificial-reef program in 1991, and currently it includes more than 35 permitted reef sites with more than 70 decommissioned platforms.This concluding part of a three series that started in OGJ, July, 25, 2005, p. 37 summarizes the Texas program and provides quantitative models for determining the cost savings for donating a structure.Texas programResource managers have constructed ...
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