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Lease Sales

Dept. of the Interior Raises $539M in Gulf Lease Sale

   Sally Jewell, Secretary of the Interior (Dept. of the Interior photo by Tami Heilemann)

  The U.S. Department of the Interior sold leases on oil and gas properties in the Gulf of Mexico today, receiving $538.7 million in high bids.   The U.S. Department of the Interior's Bureau of Ocean Management (BOEM) took bids for 169 tracts on the U.S. Outer Continental Shelf off Louisiana, Mississippi and Alabama, the Bureau announced in a press release. 42 offshore energy companies submitted a total of 195 bids totaling $583 million, meaning most of the tracts had just one bidder.    “The Gulf remains a critical component of our nation’s energy portfolio and holds important energy resources that spur economic opportunities for Gulf producing states, creating jobs and home-grown energy and reducing our dependence on foreign oil,” said Secretary of the Interior Sally Jewell, who opened the lease sale.   This is the seventh lease sale held under the Obama Administration’s Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017. This five year program has offered more than 60 million acres for development, garnered $2.4 billion in bid revenues and awarded 877 leases. The program makes available all offshore areas with the highest resource potential and includes 75 percent of the nation’s undiscovered, technically recoverable offshore oil and gas resources.    Statoil, a Norwegian international oil and gas company, announced that they had won 14 leases in the sale.  


Salazar Announces Western Gulf Lease Sale

Secretary of the Interior Ken Salazar announced that the next federal oil and gas lease sale in the Gulf of Mexico will occur in New Orleans on August 18, 2010.  The Secretary made the Western Gulf of Mexico Lease Sale 215 announcement during a tour of Superior Energy Services.  The available blocks in Sale 215 are located from 9 to about 250 miles offshore in water depths of 16 to more than 10,975 feet (5 to 3,346 meters)


BOEM Seeks Comments on Environmental Review

Public Hearings Scheduled to provide opportunities for public input.   The Bureau of Ocean Energy Management has completed a draft Supplemental Environmental Impact Statement (SEIS), providing updated environmental and socioeconomic analysis to support two proposed lease sales in the Gulf of Mexico. Western Gulf of Mexico Lease Sale 233 is tentatively scheduled for 2013 in the Western Planning Area (WPA), offshore Texas; and Central Gulf of Mexico Lease Sale 231 is scheduled for 2014


U.S. Invites Industry Interest in Oil and Gas Lease Sale

Washington - The Department of the Interior is seeking input from industry to determine interest in oil and gas exploration off the coast of South-Central Alaska – a key step in the planning process for a potential oil and natural gas lease sale in the Cook Inlet Planning Area. This is the latest step by the Obama Administration toward production in Alaska’s offshore areas, and builds on broader steps to increase production in Alaska.


Interest Declining In Offshore Acreage Leases

Preliminary results of the latest government sale of offshore oil and natural gas exploration acreage leases in the U.S. Gulf of Mexico show a decline in oil company interest in the properties, officials from the U.S. Mineral Management Service (MMS) said on Tuesday. The latest sale, the Western Gulf Lease Sale 174, received 177 bids from 37 companies on a total of 153 acreage tracts. Bids in the previous sale, held in March, resulted in 272 bids from 67 companies for 207 tracts.


US to Sell Offshore Leases for New Jersey Wind Farms

Interior to auction 344,000 acres offshore New Jersey for wind energy development; 13 energy companies qualified to bid in lease sale   As part of President Obama’s Climate Action Plan to develop domestic clean energy resources, cut carbon pollution and create American jobs, U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that 343


US to Open Bids for Gulf of Mexico Lease Sale

The U.S. Bureau of Ocean Energy Management (BOEM) said it is set to conduct a Gulf of Mexico Western Planning Area Lease Sale 246 on Wednesday, August 19 at the Mercedes-Benz Superdome in New Orleans. Doors open at 7:30 and bid reading begins at 9 a.m. CDT.    As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Lease Sale 246 is the eighth offshore sale under the Administration’s Outer


Arctic Oil Drilling: Why Does U.S. End It?

Image: An oil drilling rig operated by Royal Dutch Shell ran aground on a pristine wildlife-rich island in Alaska in 2013. Credit: Panda.Org

The Obama administration has taken steps to keep drill rigs out of Alaska's northern ocean for a decade or more. The sudden of turnabouts is attributed to slowing down of economy. The U.S. Department of Interior announced that it is canceling two lease sales and will not extend current leases for companies interested in drilling in the Arctic waters off the Alaska coat.   "The federal government is cancelling federal petroleum lease sales in US Arctic waters that were scheduled


MMS Offer Exploration Rights

The Minerals Management Service will offer oil and gas exploration rights next month to 29.7 million acres in the remote Chukchi Sea off northwestern Alaska, according to a Reuters report. The decision to hold the February 6 lease sale, the first in the Chukchi since 1991, comes days before the Fish and Wildlife Service will decide whether to list the polar bear as threatened and has drawn fire from environmentalists seeking to limit oil development in the area


BOEMRE Hearings: Draft EIS for Western GOM

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) will hold two public hearings in Houston, Tx. to accept oral or written comments on a draft supplemental environmental impact statement (SEIS) for proposed Gulf of Mexico Oil and Gas Lease Sale 218.   The SEIS was prepared to update the analyses done in earlier environmental impact statements and to analyze new information regarding the western Gulf of Mexico planning area.   


NOIA’s Luthi Testifies at House Natural Resources Subcommittee Hearing

NOIA - Randall Luthi President of the National Ocean Industries Association Photo NOIA

NOIA President Randall Luthi released the following statement after providing testimony today before the House Committee on Natural Resources Subcommittee on Energy and Mineral Resources on H.R. 5577, the Innovation in Offshore Leasing Act:  


Hundreds of Scientists Urge Obama to Halt Arctic Oil Drilling

Photo Credit: NASA Goddard Space Flight Center

 Nearly 400 scientists from more than a dozen countries signed a letter urging U.S. President Barack Obama to take the Arctic Ocean out of the next federal offshore lease sale plan, thus ruling out the possibility of offshore drilling in the Arctic in the near future.  


BOEM's Public Meetings Rescheduled

This Programmatic Environmental Impact Statement (PEIS) analyzes potential environmental, social, and economic impacts associated with the proposed 2012-2017 Outer Continental Shelf Oil and Gas L- Under the Sea - Photo BOEM

The Bureau of Ocean Energy Management (BOEM) is holding meetings to seek public input on the Draft Programmatic Environmental Impact Statement that analyzes potential impacts of oil and gas activities that could result from lease sales scheduled in the 2017-2022 Five Year Program for Outer


BOEM Announces Final Rule for Oil and Gas Leasing

The Bureau of Ocean Energy Management’s (BOEM) Final Rule for Leasing of Oil and Gas or Sulfur in the Outer Continental Shelf (OCS) will be published in the Federal Register on March 30, 2016.   The final rule updates and streamlines the existing OCS leasing regulations


Tomorrow’s Gulf Lease Sales Important Even Today - NOIA

(NOIA) Randall Luthi President of the National Ocean Industries Association

NOIA President Randall Luthi today issued the following statement in advance of tomorrow’s Central and Eastern Gulf of Mexico Oil and Gas Lease Sales:   “Historically, Central and Eastern Gulf of Mexico lease sales have drawn strong interest from industry; however


NJ Offshore Wind Lease Sale Moves Ahead

Offshore Wind Photo TKPL

  As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, the Interior Department’s Bureau of Ocean Energy Management (BOEM) yesterday held the nation’s fifth competitive lease


Is Oil Industry Backing Away From Offshore Arctic Drilling ?

Prirazlomnaya platform. Photo: Information Directorate, Gazprom

 The principal difficulty for Arctic offshore drilling right now, according to oil industry think tank, is economic.  The companies may be back for another try at Arctic offshore drilling, in U.S. waters or elsewhere, if economic conditions change, reports AP.  


NOIA Response : Cancellation of Alaska OCS Lease Sales

Outer Continental Shelf Image courtesy NOIA

  National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement regarding the Interior Department’s decision to cancel two offshore Alaska lease sales and deny requests to extend current Alaska offshore leases:


U.S. Cancels Arctic Offshore lease Sale

Secretary Sally Jewell Photo Tami Heilemann Courtesy US Dept of the Interior

  The U.S. Interior Department on Friday said it would cancel two potential Arctic offshore lease sales after Royal Dutch Shell PLC said that it was not interested in those leases. "In light of Shell's announcement, the amount of acreage already under lease and current market


Offshore Wind Energy Within Reach for North Carolina

PRESIDENT’S CLIMATE ACTION PLAN

  As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Bureau of Ocean Energy Management (BOEM) today announced it completed an important environmental review


Oil is Down, Not Out: BOEM Proposes 40-Million-Acre GOM Lease Sale

Despite the continued depressed price of oil and gas, the U.S.  Bureau of Ocean Energy Management (BOEM) via Director Abigail Ross Hopper announced that BOEM will offer 40 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in sales that will


NOIA Supports DOI’s Upcoming Offshore Lease Sale

National Ocean Industries Association (NOIA) president Randall Luthi today voiced his support for the U.S. Department of Interior’s (DOI) Western Gulf of Mexico Lease Sale scheduled for next week.   “The call to delay next week’s Department of the Interior Western Gulf of


BOEM Issues a Notice of Intent to Prepare EIS

As part of its five-year Outer Continental Shelf Oil and Gas Leasing Program: 2012-2017, BOEM informs it intends to prepare a supplemental environmental impact statement (EIS) for this Program's last proposed Outer Continental Shelf (OCS) oil and gas lease sale in the Central Planning Area (CPA)


US Senator Introduces Bill to Stop Arctic Drilling

Oregon Senator Jeff Merkley (official portrait)

A piece of legislation aiming to stop offshore Arctic drilling was introduced last week by Oregon Senator Jeff Merkley. The legislation, entitled Stop Arctic Ocean Drilling Act of 2015, would prevent new or renewed leases for the exploration, development or production of oil


Offshore O&G Lease Sale: Continued Interest in Deepwater

Photo: BOEM

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation of bids to ensure that the public receives fair market value for tracts leased as part of the Gulf of Mexico Central Planning Area Oil and Gas Lease Sale 235. The sale held on March 18, 2015, made 7






 
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