Table 2 (Con't.) 



Federal QCS Activities 



*New administration reviews 

 future leasing schedule. 



Sprin g 



*Final regulations on Coastal 

 Energy Impact Program published, 



State & Regional Responses 



Spring 



*New England Regional Commission 

 publishes study on fishing and 

 petroleum interactions on Georges 

 Bank. 



2.4 PCS Development Activities 



Exploration of the Mid and North Atlantic has generated some 

 economic activity in New England in the past. In 1976, the continental 

 offshore stratigraphic test (COST) well program, based in Davisville, 

 RI, provided 83 Rhode Island residents with employment for eight months 

 and a payroll of about one million dollars. New Englanders hired for 

 the COST project constituted 47 percent of the total 176 workers. The 

 remaining 93 workers were trained individuals brought in from other areas. 

 In addition, monies have been spent by individual states and various re- 

 gional groups on OCS policy and planning. A major portion of the funding 

 for these studies has come from federal sources. 



The Draft Environmental Impact Statement for the Georges Bank lease 

 sale predicts that southeastern New England will continue to receive most 

 of the OCS-related facilities and activity. Service facilities, a 

 plpecoatlng yard and a platform fabrication yard, if needed, would 

 probably locate in Rhode Island. The deactivated Naval facilities 

 at Davisville, RI will probably be used as the major service base for 

 offshore drilling. In fact, many petroleum-related companies have al- 

 ready leased pier and storage space from the Rhode Island Port Authority 



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