An auction to offer some offshore oil and natural gas leases is planned at the end of this month for Alaska’s Cook Inlet. 


The Bureau of Ocean Energy Management (BOEM) is offering 958,202 acres off Alaska’s southcentral coast in a lease sale scheduled for Dec. 30. 

The Inflation Reduction Act directed BOEM to hold the Cook Inlet Outer Continental Shelf (OCS) Lease Sale 258 before year’s end.

“The area identified for the sale consists of 193 OCS blocks toward the northern part of the Cook Inlet Planning Area, and covers approximately 958,202 acres of the sea floor, stretching roughly from Kalgin Island in the north to Augustine Island in the south,” BOEM noted.

“There are currently 14 active OCS oil and gas leases in the Cook Inlet Planning Area,” according to...