BOEM proposes first Gulf of Mexico lease sale for 2021

Nov. 17, 2020
The Bureau of Ocean Energy Management plans to offer about 78.2 million acres (122,188 sq mi) in a region-wide Gulf of Mexico lease sale scheduled for March 2021.

Offshore staff

NEW ORLEANS – The Bureau of Ocean Energy Management (BOEM) plans to offer about 78.2 million acres (122,188 sq mi) in a region-wide Gulf of Mexico lease sale scheduled for March 2021.

Lease Sale 257, scheduled to be livestreamed from New Orleans, will be the eighth offshore sale under the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program. 

The sale will include approximately 14,594 unleased blocks – all the available unleased areas in federal waters of the Gulf of Mexico.

In addition, BOEM will hold Lease Sale 256 on Nov. 18. The sale was delayed from its planned August 2020 date to allow time for additional analysis of oil and gas markets in light of the COVID-19 pandemic.

11/17/2020