The Value of the Federal Oil/Gas OCS and Its Required Nexus with the Changing Perceived Quality of Rightsby John Lohrenz, Louisiana Tech Univ, Ruston, United States,
Abstract: A particular few of thousands of hardly distinguishable and certainly previously undistinguished Federal OCS oil/gas tracts can suddenly become prizes of great value. Vice versa, prized Federal OCS oil/gas tracts can just as suddenly revert back to the undistinguishable rabble. Such changes in perceived quality of tracts are a key determinant of how tracts should be leased in order to obtain maximal economic values.
Subject Headings: Federal government | Awards and prizes | Economic factors | Petroleum | Offshore platforms
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