Requires the Energy, Interior, and State Departments to report on oil and gas reservoirs that cross U.S. maritime boundaries, and expands the federal inventory of offshore energy resources and the models used to estimate them.

• Requires a joint report within 18 months on oil and gas reservoirs that cross maritime boundaries with Canada, Mexico, Cuba, the Bahamas, and Russia, including options for resolving boundary disputes.
• Amends the Energy Policy Act of 2005 to require the offshore resource inventory at least once every 5 years and to add estimates of undiscovered resources in the Atlantic, Pacific, Alaska, Gulf of America, and U.S. territorial offshore areas.
• Requires the Interior Department to assess its resource models at least every 10 years and publish a report explaining any updates or why none are needed.
• Requires the Interior Department to publish, within 1 year and then every 10 years, a comparison of offshore oil and gas practices in major producing countries.

• Foreign Affairs Committee (House)
• Energy and Commerce Committee (House)
• Natural Resources Committee (House)
• Energy and Mineral Resources Subcommittee

Energy