Gulf Coast States May Receive Extra Offshore Oil and Gas Royalties

Texas Mutual

If Sen. Bill Cassidy (R-LA) gets his way, Alabama, Louisiana, Mississippi, and Texas will receive extra offshore gas and drilling royalties from the American Energy and Conservation Act. Currently, the four states receive 37.5 percent of the offshore drilling revenue, which is capped at $500 million a year. Under Cassidy’s…

Subscription Required

You must be a member to access this content.

View Subscriptions

Already a member? Log in here
Author Profile
Emmanuel Sullivan
CEO/Publisher - 

The CEO of U.S. Energy Media, Emmanuel Sullivan is a technical writer who has built up his profile in the oil and gas industry. He lives and works in Houston, where he publishes Oilman and Oilwoman on a bimonthly basis, and Energies quarterly, distributing the magazine to energy thought leaders and professionals throughout the United States and around the world. At a time when technology is rapidly changing, he provides an invaluable service to oil & gas, and renewable energy executives, engineers, and managers, offering them both broad and specific looks at the topics that affect their livelihoods. Sullivan earned his BA in Communications at Thomas Edison State University and his MA in Professional Writing at Chatham University. 

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts