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- W29419364 abstract "The attachment of major offshore gas reserves in the Gulf of Mexico provides a classic example of the competitive environment in a highly regulated industry. A study of how five major corporations organized their economic resources of money, men and machines to meet a social need affords insights into the nature and purpose of regulatory processes. This paper deals with the conception and birth of a natural gas pipeline system, developed around the concept of service to that segment of society with the greatest economic clout, the consumer, while holding value added costs over the life of the project to a minimum. The possibility of searching for gas reserves in the High Island and Garden Banks Areas of offshore Texas began taking form in early 1973. The Federal Government planned lease sales in the Gulf of Mexico, extending some 135 miles offshore, and into waters 1300 feet deep. This paper covers the following: project scope; early development (offshore pipeline mechanical strength requirements, offshore pipeline installation costs, offshore riser and sub-sea valve and connection costs, offshore platform design and costing, onshore pipeline installation costs); two-party venture; three majors complete; and High Island Offshore System (HIOS). At the time of this writing,more » gathering lines are being built, and the first gas is expected to start its journey ashore in early 1978.« less" @default.
- W29419364 created "2016-06-24" @default.
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- W29419364 date "1978-01-01" @default.
- W29419364 modified "2023-09-27" @default.
- W29419364 title "Gas-industry economics" @default.
- W29419364 hasPublicationYear "1978" @default.
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