Correction to a News Release sent out on Thursday, June 3, 2004, “MMS Announces Eight Deepwater Discoveries in 2004 - Gulf of Mexico Helps Meet America’s Oil Needs.” The chart incorrectly reported the operator and owner of (Mississippi Canyon 771) Goldfinger.  Goldfinger is operated by Dominion Exploration and owned by Dominion Exploration and Pioneer Natural Resources.  See corrected chart below: 

Deepwater Discoveries Announced in 2004
Gulf of Mexico OCS
(Through June 1, 2004)

The Minerals Management Service is the federal agency in the U.S. Department of the Interior that manages the nation’s oil, natural gas, and other mineral resources on the Outer Continental Shelf in Federal offshore waters.  The agency also collects, accounts for, and disburses mineral revenues from Federal and American Indian lands.  MMS disbursed more than $8 billion in FY 2003 and more than $135 billion since the agency was created in 1982.  Nearly $1 billion from those revenues go into the Land and Water Conservation Fund annually for the acquisition and development of state and Federal park and recreation lands.