Rigzone.com: Latest News Headlines: DOI: Millions of Offshore, Onshore Lands Leased for O&G Activity Idle

Rigzone.com: Latest News Headlines The latest upstream oil and gas news from around the world.

DOI: Millions of Offshore, Onshore Lands Leased for O&G Activity Idle May 15th 2012, 00:00 More than two-thirds of federal offshore acreage leased by O&G companies and over half of federal onshore leased acreage in the Lower 48 states are neither producing nor under active exploration or development by companies, said DOI in a report.

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