Offshore Oil and Gas Information Key Terms

Learn where to find sources of offshore oil and gas information

Offshore oil and gas companies work to provide these products to refineries and eventually to consumers. Oil and gas companies need to collect a large amount of information to find the best places to drill for these resources. This information includes geophysical attributes of the land and the price of setting up a rig. Those investing in oil and gas companies need to look at production statistics and price information to make decisions on when and how much to invest in an oil company.

 

Rig reports

Rig reports provide detailed information on the top managers and operators of rigs around the world. Statistics in rig reports include how many rigs belong to the fleet and the percentage of the rigs that are used for production.
Try: Rigzone provides rig reports based on operator, manager, region, and rig type.

Regional reports

Regional reports are oil and gas reports that compile supply, demand and current production trends based on geographic location.
Try: Offshore Magazine provides links to regional reports for offshore oil production.

Offshore Energy and Minerals Management (OEMM)

Offshore Energy and Minerals Management is a department through the Minerals Management service that provides information on leasing of acres on the Outer Continental Shelf and other offshore sites.
Try: Information on offshore oil and gas leasing can be found through the Offshore Energy and Minerals Management department of the Minerals Management Service.

New York Mercantile Exchange (NYMEX)

The New York Mercantile Exchange is the market where oil and natural gas commodities are traded. Prices are based on futures trading.
Try: The NYMEX provides more insight into the trading of crude oil and natural gas.

Energy Information Administration (EIA)

The Energy Information Administration is an office of the federal government that provides statistics for energy products including oil, gas, coal and a number of alternative fuels.
Try: Statistics for all aspects of crude oil and refined oil products can be found through the Energy Information Administration.

National Association of State Energy Officials (NASEO)

The National Association of State Energy Officials is a non-profit organization made up of energy officials from the 50 states.
Try: The National Association of State Energy Officials is a source of oil and gas information such as refining, supply and price statistics.

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