The Bureau of Ocean Energy Management (BOEM) announced Aug. 23 that Gulf of Mexico Oil and Gas Lease Sale 261 will be held Sept. 27. (Source: Shutterstock.com)
The Bureau of Ocean Energy Management (BOEM) announced Aug. 23 that Gulf of Mexico Oil and Gas Lease Sale 261 will be held Sept. 27.
The Inflation Reduction Act of 2022 requires BOEM to hold sale 261 by September 30.
BOEM said it will publish the Final Notice of Sale (FNOS) and Record of Decision (ROD) for sale 261 in the Federal Register on Aug. 25.
Lease Sale 261 offers 12,395 blocks covering approximately 67 million acres on the U.S. Outer Continental Shelf in the Western, Central, and Eastern Planning Areas in the Gulf of Mexico.
In January, BOEM published the Final Supplemental Environmental Impact Statement for the lease sale. The lease sale terms include stipulations to mitigate potential adverse effects on protected species and to avoid potential conflicts with other maritime uses.
The FNOS, ROD, and a map of the proposed lease sale area are available at http://www.boem.gov/sale-261. BOEM must receive all sealed bids by 10:00 a.m. Central time on Sept. 26, and bid opening begins at 9:00 a.m. Central time on Sept. 27.
Recommended Reading
E&P Highlights: Dec. 30, 2024
2024-12-30 - Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
ChampionX Completes Improvements to Odessa Chemical Hub
2024-11-18 - The Odessa chemical manufacturing facility in the Permian Basin will increase ChampionX’s capacity by almost 10%, or 10 million kilograms annually.
ProPetro Agrees to Provide Electric Fracking Services to Permian Operator
2024-12-19 - ProPetro Holding Corp. now has four electric fleets on contract.
Oxy Aims to Expand Lithium Tech to Arkansas
2024-11-26 - Occidental Petroleum CEO Vicki Hollub confirms the Arkansas leases with its TerraLithium subsidiary that could expand its joint venture with Warren Buffett’s BHE Renewables.
E&P Highlights: Dec. 2, 2024
2024-12-02 - Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.