Outer Continental Shelf Lands Act (OCSLA)

Outer Continental Shelf Lands Act (OCSLA)

Definition

A federal statute that grants the United States Department of the Interior the ability to lease submerged lands in the Outer Continental Shelf (i.e., submerged land, subsoil, and seabed that generally extend three miles to 200 miles off the US coast and are under US jurisdiction) for oil-and-gas exploration and development.

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