A major oil discovery at the "Bandit" prospect off Louisiana's coast could generate up to $460 million in coastal restoration funding over the next decade through federal royalties starting as early as 2027. The project leverages subsea tie-back technology to existing infrastructure for faster production.
Source: katv. Original: https://katv.com/news/local/16-million-bayou-bartholomew-restoration-adds-new-access-points-phase-one-ends-in-2026-katv-news-share-inform
