Wednesday, July 2, 2025

The BOEM has announced the 60-Day comment period for their Proposed GOA 262 Oil and Gas Lease Sale is now open!

Happy Wednesday! 

We have a follow-up to a Department of Interior’s Bureau of Ocean Energy Management’s (BOEM) and the 10th National Outer Continental Shelf (OSC) Oil and Gas Leasing Program and a proposed date for the 2025 sale.  It’s finally here!

Did anyone happen to receive the News Release from the Bureau of Ocean Energy Management (BOEM) on June 25, 2025, their News Release titled, “BOEM Proposes Oil and Gas Lease Sale in the Gulf of America”?  In the release, it speaks how Department of Interior’s Bureau of Ocean Energy Management (BOEM) was requested by the Secretary of the U.S. Department of Interior back in April to get acreage and a date for the 2025 lease sale and last week they finally came up with a possible date.   The Proposed Notice of Sale (PNOS) for the 262 Gulf of America (Mexico) Oil and Gas Lease Sale has included nearly 15,000 blocks with various distances and depths from the shoreline of the western, central and eastern Gulf of America (Mexico).  In addition, the BOEM has lowered the royalty rate to less than 17% for this proposed lease sale.  The proposed 262 Gulf of America (Mexico) Oil and Gas Lease Sale will be live streamed via Zoom on December 10, 2025, at 9 a.m. for the accepted lease offers.  The PNOS for the 262 GOA Oil and Gas Lease Sale was published in the Federal Register for its 60-day comment period on June 27, 2025.    We let you know, if we hear anything else from the BOEM.  If you would like to read more of the BOEM’s News Release, please click the link: BOEM Proposes Oil and Gas Lease Sale in the Gulf of America | Bureau of Ocean Energy Management.

On another note, the Request for Information and Comments (RFI) for the proposed 11th National Outer Continental Shelf (OSC) Oil and Gas Leasing Program closed in mid-June and the Federal Register received almost ninety-thousand comments.  If we hear anything on this initial phase, we will let you know. 

If you would like help in looking into how to transport your liquid product efficiently and with less of a carbon footprint, contact us via the email in the Blog and check out our ESC website!

We hope you have a wonderful evening and a great week!

**Disclaimer: Please see the News Release from the BOEM for exact information. **

 

Tuesday, July 1, 2025

Cheniere Energy will be adding to its footprint at its Corpus Christi LNG Export facility with Bechtel Energy continuing on with development of the project.

Happy Tuesday!

We love a follow-up and good news, so it seemed fitting to speak on another update from Cheniere Energy Inc.’s Corpus Christi facility.  Back in mid-March we blogged about Cheniere Energy Inc.’s Corpus Christi facility and their Stage 3 liquefaction project (CCL Stage 3) the progress it had made at the time.  Well, they are in the news again!

Did anyone happen to read the Houston Chronicle’s Business Section on June 25, 2025, their article titled, “Cheniere plans $2.9B expansion project – S. Texas LNG facility to boost production, add permanent jobs”?  In the article, it goes on to speak on how Cheniere Energy Inc.’s has decided to invest $2.9 billion to increase the size of their Corpus Christi liquefaction facility.  This investment will add two additional natural gas liquefaction plants or trains, and Bechtel Energy Inc. will be undertaking the design and building of the project.  Currently, Bechtel Energy is working on their CCL3 project.  Cheniere Energy’s CCL3 project expects to be finished in late 2026 with all seven trains online.  In addition, Cheniere Energy will be upgrading and repairing equipment to get optimum performance and efficiency which should increase the facilities capacity.  We wish them luck finishing both projects on schedule and on budget.  If you would like to read more of the Houston Chronicle’s article, please click the link: Cheniere Energy approves $2.9B Corpus Christi LNG expansion, adds jobs.

If you would like help in looking into how to transport your product efficiently, safely, and with less of a carbon footprint or just find out what is underneath your feet to help with your emission reduction goals, contact us via email in the Blog and check out our ESC website!

We hope you have a wonderful evening and a great rest of your week!  

**Disclaimer: You may be charged a fee to read The Houston Chronicle’s article. **