Tuesday, April 22, 2025

US BOEM will be adding notices to the Federal Register on upcoming oil and gas lease sale and other changes!

Happy Tuesday!  It’s been a lovely day so far in the city! 

Did anyone happen to read the Oil & Gas Journal’s OGJ Daily Update Newsletter on April 21, 2025, their article titled, “US BOEM begins process to replace current OCS lease sale plan”?  In the article, it speaks on the U.S. Department of Interior’s Bureau of Ocean Energy Management’s (BOEM) who has set into motion the 11th National OSC Program to swap with the existing 10th OSC Program which only has 3 BOEM oil and gas lease sales between 2025 to 2029 which were only for leases in the Gulf of America (Mexico). Last week the BOEM was instructed from the Secretary of the Department of Interior, Doug Burgum, to begin creating the 11th National OSC Program and to add the 27h OSC field which is in the High Artic off the coast of Alaska.  The next step for the BOEM is to issue in the Federal Register a 45-day public comment phase for the 11th National OSC Program where one may suggest areas and introduce issues for areas recommended.  In addition, the BOEM will issue in the Federal Register information on the new area in the High Artic field off the coast of Alaska, too.   Lastly, BOEM was instructed to progress the 2025 oil and gas lease sale by publishing its notice June 2025.  Well, it appears we have much to look for in the Federal Register in the coming weeks and months!  We will let you know, if we hear anything else!  If you would like to read more of the Oil & Gas Journal’s article, please click the link: US BOEM begins process to replace current OCS lease sale plan | Oil & Gas Journal.

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We hope you have a wonderful evening!  

**Disclaimer: You may be charged a fee to read The Oil and Gas Journal’s article. **