Completed Project Report


Managing and Mitigating Energy Development Risks in Mississippi

  • Award Amount: $46,748
  • Regional Center: Southern Extension Risk Management Education Center
  • Grant Program: 2013 Competitive Grant Program
  • Project Director: Rachael Carter
  • Email: rdm1@msstate.edu
  • Organization: Stennis Institute, Mississippi State University

Extension RME Regional Centers
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Project Overview

The project Managing and Mitigating Energy Development Risks in Mississippi was intended to educate farmers, landowners, and others responsible for decision making on farmland and in rural communities regarding energy development in Mississippi.  The program was designed to cover the risk management education subjects of financial risk and legal risk management by addressing the contracts, leases and environmental regulations pertaining to mineral rights, as well as state regulations on oil and natural gas drilling in Mississippi. At the end of the project, we intended participants to have a better understanding of the legal and financial risk management associated with energy development; improved decision making skills regarding mineral rights; leasing and contracts; and a better understanding of environmental regulations and current low impact drilling methods implemented in Mississippi and other regions of the country regarding energy development. Individuals responsible for over 72,000 acres of land were educated in the workshops and indicated that their knowledge about legal, financial, economic, and environmental risk management improved on average by 25%.

Number of Participants: 479

Results

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

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REPORTS & EVALUATIONS

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DELIVERY AREA

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