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Boem

Offshore Regulators Looking to Boost Drilling in GOM’s Natural Gas-Rich Shallow Waters

The shallow waters of the Gulf of Mexico (GOM) should be defined as a “distinct province” to avoid stranding substantial oil and natural gas resources, according to new research by the Department of Interior’s offshore regulators.

November 21, 2019

BOEM ‘Systematically Underestimates’ Value of Offshore Oil, Gas Leases, Says GAO

The federal Bureau of Ocean Energy Management (BOEM) “systematically underestimates the value of offshore oil and gas leases, resulting in the government collecting hundreds of millions of dollars less than it could otherwise,” according to the Government Accountability Office (GAO).

October 25, 2019
Interior’s GOM Auction in August to Offer 14,500-Plus Leases

Interior’s GOM Auction in August to Offer 14,500-Plus Leases

The Interior Department will try once again in August to see if its strategy of offering every available unleased area in the Gulf of Mexico (GOM) to oil and gas operators is viable.

July 19, 2019

BOEM’s August Auction Again Offering Every Available Area in GOM for Oil, Gas Leasing

The Bureau of Ocean Energy Management (BOEM) is preparing a lease sale for August that again would provide region-wide access to oil and natural gas producers across an estimated 78 million acres.

March 14, 2019

EIS Planned for Potential Beaufort Oil, Gas Lease Sale

The Interior Department’s Bureau of Ocean Energy Management (BOEM) said it plans to prepare an environmental impact statement (EIS) for a proposed offshore oil and gas lease sale to be held next year for tracts offshore Alaska.

November 16, 2018

BOEM Schedules Another Region-Wide GOM Oil, Gas Auction for March

The Interior Department is planning yet another region-wide lease sale in the Gulf of Mexico (GOM) next March, when it plans to auction about 78 million acres for oil and natural gas development.

September 26, 2018

Interior’s August GOM Auction to Offer 14,622 Shallow, Deepwater Blocks

Nearly 78 million acres are on offer for oil and natural gas development offshore Texas, Louisiana, Mississippi, Alabama and Florida in a federal auction to be held in August, the Department of Interior said Friday.

July 13, 2018
BOEM Calls for Input on Potential Beaufort Sea Oil, Gas Leasing

BOEM Calls for Input on Potential Beaufort Sea Oil, Gas Leasing

The Bureau of Ocean Energy Management (BOEM) is calling for information and nominations by April 30 for a proposed oil and gas lease sale in Alaska’s Beaufort Sea Planning Area in 2019.

March 29, 2018

New Interior Survey Shows Huge Increase in Alaska Onshore, Offshore Reserves

Alaska’s onshore and offshore collectively hold about 17.6 billion bbl of oil and more than 50 Tcf of natural gas, according to an updated assessment conducted by Department of Interior (DOI) agencies, which also reported a nearly six-fold increase in onshore oil resources.

December 26, 2017
Lower Tertiary Draws Most Prospectors in GOM-Wide Lease Sale

Lower Tertiary Draws Most Prospectors in GOM-Wide Lease Sale

In the first lease sale covering the entire Gulf of Mexico (GOM) since 1983, the Lower Tertiary Trend, an intriguing deepwater play that has yielded big-time discoveries, captured most of the attention.

August 17, 2017
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