Minerals Service Had a Mandate to Produce Results

By JASON DePARLE
NYT

NEW ORLEANS — On March 5, 1997, an obscure federal official with a puckish grin entered a hotel ballroom here and greeted 1,000 jittery oilmen on what would prove a landmark day.

For years, fading interest in the Gulf of Mexico had punished the local economy and left Louisiana to mourn its “Dead Sea.” Now, rising oil prices and new technology were setting off the deep-water version of a gold rush. Interest in drilling ran so high that the official, Chris Oynes, was heading into the annual lease auction with a record number of sealed bids.

In giddier times before the bust, his predecessor presided over the auction in a jaunty red blazer, but Mr. Oynes was far too conservative for that. Or so everyone thought — until he opened his briefcase and brought down the house with a size 46 scarlet jacket, an omen of the coming deep-water boom.

“They knew symbolically what this meant,” Mr. Oynes said in a recent interview. “In Louisiana terms: ‘Let the good times roll.’”

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