Happy Monday! Welcome back to another week of ESC News Blog. We hope you had a relaxing weekend! Let’s get started.
We try to keep up with the U.S.
Department of Interior’s Marine Minerals Administration (MMA), and they have
made a couple of announcements regarding proposed offshore oil and gas leases sales
which are requirements under the Working Families Tax Cut Act of 2025 adopted
by Congress. Let’s dig in.
Did anyone happen
to receive the U.S. Department of Interior’s Office of Communication
News Release on October 8, 2026, their News Release titled, “MMA
Proposes Fourth Gulf of America Lease Sale Under the Working Families Tax Cut
Act”? In the release, it speaks on how Department
of Interior’s Marine Minerals Administration has
posted a notice in the Federal Registrar for a Fourth Proposed Offshore Oil and Gas Lease Sale for over 15,000 unleased blocks covering over 80 million
acres of the U.S. Outer Continental Shelf in the Gulf of America (Mexico)
scheduled for March 2027. The proposed
sale called Big Beautiful Gulf Four (BBG4) is part of the regularly scheduled
sale approved by Congress which are to be scheduled in March and August. The local and state governments which boarder
the proposed areas have 60-day comment period.
If you would like to read more of the DOI’s News Release; please
click the link: MMA Proposes Fourth Gulf of America Lease Sale Under the Working Families Tax CutAct | Bureau of Ocean Energy Management.
If you would
like to read the MMA’s Proposed Lease Sale for BBG4: Big
Beautiful Gulf 4 (BBG4) Oil & Gas Lease Sale | Bureau of Ocean Energy
Management.
Did anyone
happen to receive the U.S. Department of Interior’s Office of Communication
News Release on October 9, 2026, their News Release titled, “MMA Announces
Proposed Notice of Sale for Second Cook Inlet Lease Sale”? In the release, it speaks on how Department
of Interior’s Marine Minerals Administration will
soon post a notice in the Federal Registrar for a Proposed Notice of Sale for Big Beautiful Cook Inlet 2 (BBC2) which will be the second offshore lease sale
in the region, and it is schedule for March 2027. The proposed sale has over 220 blocks which
cover over 1 million acres in the northern region of the Cook Inlet Planning
Area included in the lease sale and it is the similar to the first Cook Inlet
sale from earlier this year. The local
and state governments which boarder the proposed areas have 60-day comment
period. If you would like to read more
of the U.S. Department of Interior’s News Release, please
click the link: MMA Announces Proposed Notice of Sale for Second Cook Inlet Lease Sale | Bureau of Ocean Energy Management.
If you would
like to read the MMA’s Proposed Lease Sale for BBC2: Big Beautiful Cook Inlet (BBC2) Oil and Gas Lease Sale | Bureau of Ocean Energy Management.
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 productive week.
**Disclaimer: Please see the News Release from the U.S.
DOI MMA for exact information. **