Blocks

Interior’s March Auction to Offer 77.3 Million Acres in Western Central, Eastern GOM

Interior’s March Auction to Offer 77.3 Million Acres in Western Central, Eastern GOM

The Department of Interior’s regionwide auction scheduled next month in the Gulf of Mexico (GOM) is to include all available unleased areas in federal waters, an estimated 77.3 million acres, offshore Alabama, Florida, Louisiana, Mississippi and Texas.

February 20, 2018

Brief — GOM Lease Sale

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.

July 14, 2017

BOEM Set to Auction 48 Million Acres in GOM Central Planning Area

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.

December 22, 2016
BOEM to Prepare SEIS on Proposed 2018 GOM Lease Sales

BOEM to Prepare SEIS on Proposed 2018 GOM Lease Sales

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.

August 19, 2016

Mexico Launches Round Two Auction in Shallow GOM

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).

July 21, 2016
Mexico Calculates $3.1 Billion Revenues From Second GOM Auction

Mexico Calculates $3.1 Billion Revenues From Second GOM Auction

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.

October 2, 2015

Proposed Central, Eastern GOM Lease Sales to Offer 40 Million Acres

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.

September 14, 2015
March Lease Sale to Offer 40 Million Acres in GOM’s Central, Eastern Areas

March Lease Sale to Offer 40 Million Acres in GOM’s Central, Eastern Areas

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.

February 18, 2014

Nova Scotia Launches Largest Ever Offshore Lease Sale

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.

May 1, 2012

Springville Gathering Pipeline Begins Service in Pennsylvania

Williams Partners LP (WPZ) said Thursday it has started up the Springville natural gas gathering pipeline, one of the building blocks in its plan to secure large-scale infrastructure in the capacity-constrained Marcellus Shale. Springville initially would help deliver 300 MMcf/d to Northeast markets.

January 23, 2012
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