U.S. Department of the Interior Minerals Management Service Office of Public Affairs

Media Advisory

News Conference:
MMS to Announce 10-Year Gulf of Mexico Oil Production Projections

The Department of the Interior’s Minerals Management Service will release its 10-year oil and gas production projections at a news conference in Houston on Monday.

Who:  Chris Oynes, Gulf of Mexico Regional Director, Minerals Management Service, the U.S. Department of the Interior

What:  Press conference to announce the release of the 10-year Gulf of Mexico production projection report (2004 – 2013)

When:  Monday, November 8, 2004, at 10:00 a.m.

Where:  The Sheraton Hotel (El Paso Room)
                North Houston Bush Intercontinental Airport
                15700 John F. Kennedy Blvd.
                Houston, Texas 77032

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.