The U.S. Department of the Interior took its first steps on Friday to develop the next five-year schedule of potential offshore oil and gas lease sales. Interior issued a request for information and comments on the oil and gas leasing program for U.S. coastal waters to run from 2017 to 2022, kicking off a 45-day comment period. The planning process for federal waters surrounding the United States known as the Outer Continental Shelf (OCS) will take up to three years to complete, the agency said. "The development of the next five-year program will be a thorough and open process that incorporates stakeholder input and uses the best available science," Interior Secretary Sally Jewell said in a statement. U.S. law requires the Interior Secretary, through the Bureau of Ocean Energy Management, to prepare and maintain a schedule of proposed oil and gas lease sales in federal waters, indicating the size, timing and location of auctions that would best meet national energy needs. The secretary is required to balance potential environmental impacts, discovery of oil and gas, and adverse effects on the coastal zone. The current five-year program expires in August 2017 and schedules 15 potential lease sales in six planning areas judged to have the greatest resource potential. BOEM has held five sales thus far, including annual auctions in the Central and Western Gulf of Mexico and a single sale in the Eastern Gulf.
Obama Administration announces 20-million acre oil & gas lease sale offshore Texas As part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announce that BOEM will offer more than 20 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased
According to a Feb. 14 report from Bloomberg, Royalties paid to the U.S. by oil and gas companies for offshore production are forecast to increase 68 percent under President Barack Obama’s 2012 budget. Receipts will reach $5.97 billion in the year that starts Oct. 1, from $3.56 billion in 2010. Obama also is proposing $25 million in fees from energy companies that hold nonproducing oil and gas leases, part of the administration’s effort to provide taxpayers with higher revenue from
Information to be Used to Prioritize Areas, Avoid Potential Conflicts NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced it is seeking information and nominations from all interested parties regarding proposed oil and gas lease sales in the Gulf of Mexico Western and Central Planning Areas for the 2012-2017 Outer Continental Shelf (OCS) Oil and Natural Gas Leasing Program.
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today announced that it will hold Gulf of Mexico Eastern Planning Area oil and gas lease sale 225 in New Orleans on March 19, 2014, immediately following the proposed Central Planning Area (CPA) Sale 231. Proposed Sale 225 is the first lease sale proposed for the Eastern Planning Area under the 2012 –
The Department of the Interior’s Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held today in New Orleans, attracted $337,688,341 in high bids and included 20 companies submitting 241 bids on 191 tracts comprising over a million acres offshore Texas. The sum of all bids received totaled $712,725,998. This announcement is consistent with steps President Obama announced in May 2011 to expand domestic oil and gas production
On July 28, the DC Circuit Court of Appeals clarified its April 17 decision regarding the 5-Year Oil and Gas Lease Plan. The court has established that the Minerals Management Service must properly consider the relative environmental sensitivity and marine productivity of different areas of the OCS under Section 18(a)(2)(G), and strike a proper balance incorporating environmental and coastal zone factors under Section 18 (a)(3) for Alaska only, specifically leasing in the Chukchi
The Bureau of Ocean Energy Management (BOEM) is seeking information from interested parties regarding proposed oil and gas lease sales in the Gulf of Mexico Eastern Planning Areas. These sales are included in the Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017, announced earlier this month. BOEM has published a Call for Information and Nominations/Notice of Intent (Call/NOI) to prepare an Environmental Impact Statement (EIS) for two Eastern Gulf sales
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today released a Draft Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sale 216/222 in the Central Planning Area in the Gulf of Mexico. The draft SEIS updates the findings in several previously published environmental reviews covering the Gulf of Mexico and incorporates the latest available information following the Deepwater Horizon explosion and oil spill.
s ssistant Secretary of Land and Minerals Management, C. Stephen Allred signed agreements with BP, ConocoPhillips, Marathon Oil Company, Shell, and Walter Oil and Gas Corporation, addressing deepwater Gulf of Mexico offshore oil and gas leases issued in 1998 and 1999. Under the agreements these companies will pay royalties on oil and gas produced under leases issued in 1998-1999. Revenue will be received for products starting from October 1, 2006 onward.
NOIA President Randall Luthi issued a statement in response to President Obama’s 2015 State of the Union Address, stating that the President missed a few key points regarding domestic onshore and offshore energy production and supply, and its impact on the U.S. economy.
New studies show huge economic and energy potential of untapped offshore areas Two new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the
Highlights * Gladstone Ports Corporation has extended LNGL’s Fisherman’s Landing LNG Project (FLLNG) site Agreement for Lease until 31 March 2016, with an option for another year * LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana
U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S. Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids.
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S
The Bureau of Ocean Energy Management (BOEM) Gulf of Mexico Regional Director John Rodi will open the Gulf of Mexico Western Planning Area Lease Sale 238 at 9 a.m. CDT on Wednesday, August 20, 2014 at the Mercedes-Benz Superdome in New Orleans.
The Bureau of Ocean Energy Management (BOEM) is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the 2017-2022 Outer Continental Shelf (OCS) Oil and Gas Leasing Program. The RFI was released in mid-June as the initial step in the
As part of its commitment to a regionally tailored approach to safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today issued a Call for Information and Nominations for potential Oil and Gas Lease Sale 242
The Obama administration on Friday approved a plan that would allow companies to assess oil resources off the Atlantic Coast, angering environmental groups that worried the plan will harm marine life and open the door to offshore drilling.
Today, the House passed H.R. 4899, The Lowering Gasoline Prices to Fuel an America that Works Act by a vote of 229-185. If enacted the bill would expedite oil and gas leasing on federal lands, open new offshore drilling areas and expand drilling in Alaska’s National Petroleum Reserve.
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that the bureau will offer more than 21 million acres offshore Texas for
On Wednesday, March 19, 2014, Secretary of the Interior Sally Jewell will announce the results of Gulf of Mexico Lease Sales 231 and 225, which are offering more than 40 million acres for oil and gas exploration and development offshore Louisiana, Mississippi and Alabama
Dana Gas said it has signed an agreement for the North El Arish (Block 6) Concession Area, offshore the eastern Nile Delta. The 2,980 sq. km block was awarded in April 2013 as part of a competitive bidding process. This is the company’s first offshore block in Egypt
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on the hearing on seismic exploration on the Atlantic Outer Continental Shelf held today by the House Committee on Natural Resources, Subcommittee on Energy and Mineral Resources.