The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), formerly known as the Minerals Management Service (MMS), was an agency of the United States Department of the Interior that managed the nation's natural gas, oil and other mineral resources on the outer continental shelf (OCS). The Offshore program, which manages the mineral resources on the OCS, is divided into three regions: Alaska, Gulf of Mexico, and the Pacific Ocean.
Effective October 1, 2011, the duties of BOEMRE were split between the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement.
Headquartered in Washington, DC, the Agency received most of its revenue from leasing federal lands and waters to oil and natural gas companies with a profit margin of 98%. It was among the top five revenue sources to the federal government, the IRS being number one. As the MMS (before transition to BOEMRE), the Agency's signature feature according to an informational trifold was that it had "become our Nation’s leader in offshore energy development and the collection of royalties on behalf of the American Public." With respect to enforcement of regulations and safety, this same publication indicated that the "MMS also funds advanced scientific studies and enforces the highest safety and environmental standards." The Agency's mission statement was put more formally in its 2010 Budget Proposal:
MMS’s mission is to manage the energy and mineral resources on the Outer Continental Shelf and Federal and American Indian mineral revenues to enhance public and trust benefits, promote responsible use, and realize fair value.Read more about Minerals Management Service: History, Operations, Criticism and Controversies, See Also
Famous quotes containing the words management and/or service:
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)
“Night City was like a deranged experiment in Social Darwinism, designed by a bored researcher who kept one thumb permanently on the fast-forward button. Stop hustling and you sank without a trace, but move a little too swiftly and youd break the fragile surface tension of the black market; either way, you were gone ... though heart or lungs or kidneys might survive in the service of some stranger with New Yen for the clinic tanks.”
—William Gibson (b. 1948)