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. **
