Offshore Energy and Jobs Act of 2015
A BILL
To amend the Gulf of Mexico Energy Security Act of 2006 to increase energy exploration and production on the outer Continental Shelf in the Gulf of Mexico, and for other purposes.
Sec. 2 Outer Continental Shelf leasing program reforms
“(5)
“(A) In this paragraph, the term available unleased acreage means that portion of the outer Continental Shelf that is not under lease at the time of a proposed lease sale, and that has not otherwise been made unavailable for leasing by law in the Gulf of Mexico.
“(B) In each oil and gas leasing program under this section, the Secretary shall make available for leasing, and conduct lease sales including, at least 50 percent of the available unleased acreage within each outer Continental Shelf planning area in the Gulf of Mexico considered to have the largest undiscovered, technically recoverable oil and gas resources (on a total btu basis) based on the most recent national geologic assessment of the outer Continental Shelf, with an emphasis on offering the most geologically prospective parts of the planning area.
“(6)
“(A) The Secretary shall include in each proposed oil and gas leasing program under this section any State subdivision of an outer Continental Shelf planning area in the Gulf of Mexico that the Governor of the State that represents that subdivision requests be made available for leasing.
“(B) The Secretary may not remove a subdivision described in subparagraph (A) from the program until publication of the final program.
“(7)
“(A) The Secretary shall make available for leasing under each 5-year oil and gas leasing program under this section any outer Continental Shelf planning area in the Gulf of Mexico that—
“(i) is estimated to contain more than 2,500,000,000 barrels of oil; or
“(ii) is estimated to contain more than 7,500,000,000,000 cubic feet of natural gas.
“(B) To determine which planning areas meet the criteria described in subparagraph (A), the Secretary shall use the document entitled “Bureau of Ocean Energy Management Assessment of Undiscovered Technically Recoverable Oil and Gas Resources of the Nation’s Outer Continental Shelf, 2011”.”
Sec. 3 Moratorium on oil and gas leasing in certain areas of the Gulf of Mexico
“(8) Military mission line—The term Military Mission Line means the western border of the Eastern Planning Area extending from the State of Florida waters to the point that is 50 miles south in the Gulf of Mexico.”
“(3) any area in the Central Planning Area that is within—
“(A) the 181 Area; or
“(B) 50 miles off the coastline of the State of Florida.”
Sec. 4 Requirement to implement proposed 2017–2022 oil and gas leasing program
Sec. 5 Disposition of outer Continental Shelf revenues to Gulf producing States
“(7) Gulf producing State—The term Gulf producing State means—
“(A) each of the States of Alabama, Louisiana, Mississippi, and Texas; and
“(B) effective beginning in fiscal year 2017, the State of Florida.”
“(ii) with respect to the Gulf producing States described in paragraph (7)(A), in the case of fiscal year 2017 and each fiscal year thereafter, all rentals, royalties, bonus bids, and other sums due and payable to the United States received on or after October 1, 2016, from leases entered into on or after December 20, 2006; and
“(iii) with respect to the State of Florida, all eligible rentals, royalties, bonus bids, and other sums due and payable to the United States from leases entered into in the Eastern Planning Area on or after October 1, 2016.”
“(2) in the case of qualified outer Continental Shelf revenues generated from outer Continental Shelf areas adjacent to Gulf producing States, 50 percent in a special account in the Treasury from which the Secretary shall disburse—
“(A) 75 percent to Gulf producing States in accordance with subsection (b); and
“(B) 25 percent to provide financial assistance to States in accordance with section 200305 of title 54, United States Code, which shall be considered income to the Land and Water Conservation Fund for purposes of section 200302 of that title.”
“(1) In general—Subject to paragraph (2), the total amount of qualified outer Continental Shelf revenues described in section 102(9)(A)(ii) that are made available under subsection (a)(2)(A) shall not exceed—
“(A) for fiscal year 2017, $500,000,000;
“(B) for each of fiscal years 2018 through 2025, $699,000,000; and
“(C) for each of fiscal years 2026 through 2055, $999,000,000.”