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Funding
Gulf of Mexico Energy Security Act (GoMESA)
What is GoMESA?
The Gulf of Mexico Energy Security Act of 2006 (Pub. Law 109-432)
significantly enhances outer continental shelf (OCS) oil and gas leasing
activities and revenue sharing in the Gulf of Mexico (GOM). The Act:
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shares leasing revenues with Gulf producing states
and the Land & Water Conservation Fund for coastal restoration
projects;
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bans oil and gas leasing within 125 miles off the
Florida coastline in the Eastern Planning Area, and a portion of the
Central Planning Area, until 2022; and,
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allows companies to exchange certain existing leases
in moratorium areas for bonus and royalty credits to be used on
other GOM leases.
The Act created revenue sharing provisions for the four
Gulf oil and gas producing States of Alabama, Louisiana, Mississippi and Texas,
and their coastal political subdivisions (CPS’s). (Mobile County is an example
of a CPS.) GoMESA funds are to be used
for coastal conservation, restoration and hurricane protection.
Task Force Proposal
In February 2010, the Dauphin Island Restoration Task Force prepared a proposal for the
Town of Dauphin Island to submit to the State Lands Division (under the
Alabama Department of Conservation and Natural Resources), requesting
GoMESA funding for
restoration of the fragile West End.
The State Lands Division is responsible for administering both CIAP and
GoMESA and arriving at selecting the projects in Mobile and Baldwin
Counties that will be funded. In the future, GoMESA will phase out
CIAP to manage federal royalty payments from Gulf-based oil and gas
production.
Since GoMESA and CIAP are related, see our page on
CIAP for more information.
Related Links
Fun(ding) Facts
See Downloads page for GoMESA
Proposal from Task Force
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