Who Really Owns the Gulf of Mexico?

Offshore magazine poster detail

For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones' newsletters.

Who owns the Gulf of Mexico? That’s a question you have to ask while perusing Offshore magazine’s 2010 poster of the Gulf—downloadable here as a large PDF, but well worth checking out. Where most people look at the Gulf, they see a vast marine ecosystem, wetlands, and, until recently, gorgeous beaches.

What energy executives see is a massive grid, tangled with scores of oil and gas pipelines and rival fields with macho names that sound like heavy metal bands, black-diamond ski runs, and weapons systems. (See “Quiz: What Do BP and Kurt Cobain Have in Common?“) Here’s a small detail, slightly blurry, but you get the point. (Red lines are gas pipelines and pink are gas fields, green lines are oil pipelines and green blurbs are oil fields.)
 

How Oil Execs See the Gulf—Map Detail: Black dots are Fourchon (left), and Grand Isle, LouisianaHow energy execs view the Gulf: Black dots are Fourchon (left), and Grand Isle, Louisiana

Next, here’s another map detail from farther offshore. I circled the site of the ongoing BP Deepwater Horizon spill in yellow.

 

Map detail: Mississippi Canyon; BP spill site circled.Map detail: Mississippi Canyon; BP spill site circled.

What these maps really show is the degree to which the Gulf has played host to a feeding frenzy by big energy interests that snap up drilling leases on the cheap. Each of these numbered squares represents a lease site. As you can see from this Offshore magazine chart, the highest bid for a lease this year was about $53 million. Which, when you consider the value of the oil coming out of the Gulf, is chicken feed.  

Lease chart from Offshore magazine

You’ll also note that bids are way down from their peak in 2007-2008, but making a strong comeback. As Offshore notes here (scroll down), 77 companies put in 642 bids on 468 tracts totalling more than 2.4 million acres. But the next lease sale, slated for August 18, is unlikely to go so swimmingly.

UPDATE: Here’s another map that shows more clearly the proportion of the Gulf under lease.

You can find all of our breaking coverage of the BP disaster here.

Follow Michael Mechanic on Twitter.

THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.