Wednesday,
November 18
November 18
BOEM Gulf of Mexico Oil, Gas Lease Sale
The Bureau of Ocean Energy Management will hold its seventh offshore lease sale under the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program, offering about 78 million acres. Under this program, ten region-wide lease sales are scheduled for the Gulf of Mexico region, where there is substantial resource potential and adequate oil and gas infrastructure. Spanning about 160 million acres, the region is estimated to contain about 48 billion barrels of undiscovered technically recoverable oil and 141 trillion cubic feet of gas. The sale will offer all available unleased areas in federal waters of the Gulf of Mexico for oil and gas leasing. READ MORE