Interior announces oil and gas lease sale for Gulf of MexicoChristian Fernsby ▼ | February 12, 2020
In support of President Trump’s America First Offshore Energy Strategy, U.S. Secretary of the Interior David Bernhardt announced yesterday that the Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region wide lease sale scheduled for March 18, 2020.
Energy in America David Bernhardt
Topics: Oil gas Gulf of Mexico
Lease Sale 254, scheduled to be live streamed from New Orleans, will be the sixth offshore sale under the 2017 2022 Outer Continental Shelf Oil and Gas Leasing Program.
Under this program, a total of ten region wide lease sales are scheduled for the Gulf, where resource potential and industry interest are high, and oil and gas infrastructure is well established.
Two Gulf lease sales are scheduled to be held each year and include all available blocks in the combined Western, Central and Eastern Gulf of Mexico Planning Areas. ■