Blocks

The Department of Interior, in the Trump administration’s first Gulf of Mexico (GOM) lease sale for 2017-2022, plans to offer 75.9 million acres for auction offshore Texas, Louisiana, Mississippi, Alabama and Florida, almost three million more acresand nearly 500 blocks more than originally proposed. Lease Sale 249 on Aug. 16 is scheduled to be livestreamed from New Orleans. The final notice of saleincludes about 14,200 blocks from three to 231 miles offshore in the GOM. For leases awarded in waters less than 200 meters deep, Interior is offering a reduced royalty rate of 12.5%versus the previous standard of 18.75%. Copies of the block maps may be requested from the GOM Region’s Public Information Unit, 1201 Elmwood Park Blvd., New Orleans, LA 70123, or at 800-200-GULF.

More than 48 million acres offshore Alabama, Louisiana and Mississippi will be offered for oil and natural gas exploration and development in the next federal lease sale scheduled for March, the Bureau of Ocean Energy Management said Thursday.

Two Gulf of Mexico lease sales, tentatively scheduled for 2018, are undergoing more scrutiny with four public scoping meetings in September, the Bureau of Ocean Energy Management (BOEM) said.

Seven months after holding its most successful auction for oil and natural gas lease blocks, the Mexican government began the process for its second round of tenders, this one for 15 offshore exploration blocks in the shallow Gulf of Mexico (GOM).

The Mexican government said its second auction of shallow-water oil and gas lease blocks in the Gulf of Mexico (GOM) fared much better than the first, with three blocks successfully sold to international firms for a combined $3.1 billion over the next 25 years.

Forty million acres offshore Louisiana, Mississippi and Alabama are scheduled to be on offer next March for oil and natural gas development, federal officials said Monday.

More than 40 producers offered 383 bids with high bids totaling $850.8 million to secure leaseholds in the Central and Western Gulf of Mexico (GOM), mostly for deepwater prospects, the Bureau of Ocean Energy Management said Wednesday. However, there were no bids in the Eastern GOM auction, the first in eight years.

More than 40 million acres in the Gulf of Mexico (GOM), with oil and natural gas leaseholds offered in the Central and Eastern planning areas, are going to be auctioned on March 19 in New Orleans, said the U.S. Department of Interior.

Nova Scotia on Monday announced its largest offshore lease sale ever — 7.6 million acres in 11 blocks off the southeastern coast — that are to be auctioned to operators in an area thought to contain about 120 Tcf of natural gas and 8 billion bbl of oil.