US Sets Date for Gulf of Mexico Lease Sale After Court Order

Published

Credit: Lukasz Z/AdobeStock
Credit: Lukasz Z/AdobeStock

The Biden administration on Thursday said it would hold an auction of oil and gas leases in the Gulf of Mexico on Nov. 8 following a court order to expand the sale.

In a statement, the U.S. Bureau of Ocean Energy Management said the sale would offer about 72.7 million acres on the Outer Continental Shelf, including 6 million acres it had withdrawn from the auction in an effort to protect the endangered Rice's whale habitat.

Last month, a U.S. appeals court gave the administration until Nov. 8 to hold the sale, which was originally scheduled for Sept. 27. That followed a federal judge's ruling ordering an expansion of the sale in a lawsuit brought by oil and gas companies.

The November sale is likely to be the last federal offshore oil and gas auction until 2025, according to a five year schedule the government unveiled last week that includes a historically low number of planned lease sales.  

(Reuters - Reporting by Nichola Groom/Editing by Chris Reese)


Current News

Ndungu Full-Field Starts Up Offshore Angola

Ndungu Full-Field Starts Up Of

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

Norway's 2025 Oil Output Climb

AKOFS Offshore Inks New Vessel Deal with Petrobras

AKOFS Offshore Inks New Vessel

UK Trade Body Challenges Government View on North Sea Gas Decline

UK Trade Body Challenges Gover

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine