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Moratorium

A temporary ban or suspension of an activity, in this case, stopping new oil and gas activities in certain offshore areas.

Outer Continental Shelf (OCS)

Underwater land outside a country's coastline, extending to where the continental slope begins. The U.S. government controls the rights to resources in its OCS.

Leasing

The process by which the government grants companies the right to explore for and develop oil and gas resources on specific areas of the Outer Continental Shelf.

Exploration

The search for oil and gas deposits, often involving geological surveys and seismic testing, before any drilling for production begins.

Seismic Testing

A method used to map underground geological structures by sending sound waves into the earth and analyzing the echoes. It's a key part of oil and gas exploration.

Planning Area

Specific geographical regions within the Outer Continental Shelf that are used by the government for managing and planning offshore oil and gas activities.