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Mr. Erik Milito - The House Committee on Natural Resources ...

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www.woodmac.com<br />

Access Scenario - Leasing Assumpti<strong>on</strong>s<br />

• Leasing was assumed to begin for each regi<strong>on</strong> in 2012<br />

• Combined income from lease sales in all regi<strong>on</strong>s is projected to total $61 billi<strong>on</strong><br />

Rocky Mtns Atlantic OCS Pacific OCS Eastern GoM ANWR<br />

Total Regi<strong>on</strong> Acreage 10,137,000 269,130,000 248,450,000 64,556,650 1,500,000<br />

Acreage to be leased 10,000,000 40,000,000 20,000,000 16,000,000 1,500,000<br />

$/acre $1,500 $200 $350 $1,000 $10,000<br />

Lease revenue $15,000 M $8,000 M $7,000 M $16,000 M $15,000 M<br />

© Wood Mackenzie 26<br />

Delivering commercial insight

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