BOEM announces Gulf of Mexico Lease Sale 251
The bureau reports that it will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.
WASHINGTON, DC – The Bureau of Ocean Energy Management (BOEM) has announced that it will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.
The region-wide lease sale scheduled for Aug. 15, 2018, includes all available unleased areas in federal waters of the Gulf of Mexico.
Lease Sale 251, scheduled to be livestreamed from New Orleans, will be the third offshore sale under the National Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022. Under this program, ten region-wide lease sales are scheduled for the Gulf. Two Gulf lease sales will be held each year and include all available blocks in the combined Western, Central, and Eastern Gulf of Mexico Planning Areas.
Lease Sale 251 will include approximately 14,622 unleased blocks, located from three to 231 miles offshore, in the Gulf’s Western, Central and Eastern planning areas in water depths ranging from nine to more than 11,115 ft (three to 3,400 m).
All terms and conditions for Gulf of Mexico region-wide Sale 251 are detailed in the Final Notice of Sale (FNOS) information package, which will be available for viewing on July 13, 2018 at:http://www.boem.gov/Sale-251/.