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Offshore Energy Lease Sale Announced by US Administration

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 areas in the Western Gulf of Mexico Planning Area. Proposed Western Gulf of Mexico Lease Sale 229, scheduled to take place in New Orleans on November 28, 2012, will be the first offshore sale under the Administration’s new Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017 (Five Year Program).  Announced last month, the Five Year Program makes more than 75% of recoverable energy resources in our oceans available for exploration and development, consistent with President Obama’s commitment to continue to expand domestic energy production and reducing America’s dependence on foreign oil.
 The sale will include approximately 3,800 blocks, covering roughly 20.5 million acres, located from nine to 250 miles offshore, in water depths ranging from 16 to more than 10,975 feet (5 to 3,346 meters). BOEM estimates the proposed lease sale could result in the production of 116 to 200 million barrels of oil and 538 to 938 billion cubic feet of natural gas.


Offshore Oil-Production Royalties to Rise Under New Budget

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


NOIA Lauds Court Decision Oil & Gas Lease Plan

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


BOEMRE Calls for Public Input on Proposed 2012-2017 Gulf of Mexico Lease Sales

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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.


Western GOM Lease Sale Attracts Bids of $337 Million

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


BOEM Proposes Eastern Gulf of Mexico Lease Sale

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 –


DOI Signs Agreement on 1998/1999 Lease

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.


BOEMRE's Draft Supplemental EIS, Central GOM Lease Sale

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.  


BOEMRE: Proposed Gulf of Mexico Oil and Gas Lease Sale

More Than 20 Million Acres to be Offered for Exploration and Development in Western Gulf Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today announced that BOEMRE will hold the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill. Consistent with steps President Obama announced in May 2011 to expand domestic oil and gas production safely


BOEM Calls for Public Input on Proposed 2012-2017 Eastern GOM Lease Sales

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


NOIA Echoes Importance of Atlantic Seismic Exploration Hearing

Randall Luthi (Photo: U.S. Department of Interior)

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.


Dana Gas Wins Block Offshore Egypt

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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


BOEM Takes Bids for GoM Lease Sale

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


BOEM Proposes GoM Oil and Gas Lease Sale

Photo courtesy BOEM

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


Obama Admin. Announce 21 Million Acre Oil and Gas Lease Sale

August Auction to offer all Unleased Acreage in Western Gulf of Mexico   As part of President Obama’s all-of-the-above energy strategy to continue to expand domestic energy production, Secretary of the Interior Sally Jewell and Acting Assistant Secretary for Land and Minerals


BOEM Gulf of Mexico Sale Nets $1.2 Billion in High Bids

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure that the public receives fair market value for tracts leased as part of Central Gulf of Mexico Oil and Gas Lease Sale 227, which was held on March 20, 2013.


NOIA President Supports Energy Exploration, Development

During the testimony today at a Senate Energy and Natural Resources Committee hearing on offshore energy revenue sharing, National Ocean Industries Association (NOIA) president Randall Luthi urged Congress to take the next step in enhancing America’s energy security


Nearly 21 Million Acres for Sale in Gulf of Mexico

The Bureau of Ocean Energy Management (BOEM) announced final details for the Western Gulf of Mexico Lease Sale 233. The sale will take place on August 28 and will cover roughly 20.7 million acres million acres offshore Texas for oil and gas exploration and development.


U.S. Auctions Renewable Energy Sites in Federal Waters

As part of President Obama’s comprehensive plan to move our economy toward domestic clean energy sources and cut carbon pollution, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau has held the nation’s first-ever


Blue Sky Adds Map Overlay Features to SkyRouter

WSI Weather and Gulf of Mexico Lease Block Map Overlay on New SkyRouter

Blue Sky Network, a supplier of satellite tracking and communication solutions for aviation, land and marine, announced several new map overlay enhancements to its cloud-based fleet management solution, New SkyRouter. The new overlays include third-party weather feeds and localized traffic


BOEM Public Meetings on Gulf Central Planning Area

The Bureau of Ocean Energy Management (BOEM) is preparing a supplemental Environmental Impact Statement (EIS) for proposed Central Planning Area (CPA) lease sales beginning with Lease Sale 235 in the Gulf of Mexico off the states of Alabama, Mississippi and Louisiana


Western Gulf of Mexico: 21 Million Acres up for O&G Development

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 announced that BOEM will hold a lease sale tomorrow that will make nearly 21 million acres


Gulf of Mexico Lease Sale Yields $102.4 Million in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Department of the Interior’s Bureau of Ocean Energy Management today held Western Gulf of Mexico Lease Sale 233, which offered 20


BOEM Completes Enviro Review for Proposed Oil &Gas Sales in Eastern GOM

Area includes approximately 658,000 acres   The Bureau of Ocean Energy Management (BOEM) completed the Final Environmental Impact Statement (FEIS) for two proposed oil and gas lease sales in the Gulf of Mexico's Eastern Planning Area. "This analysis evaluates baseline conditions and


BOEM Proposes Central Gulf of Mexico Lease Sale

Photo: BOEM

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 Central Planning Area (CPA) oil and gas lease sale 231 in New


 
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