Oil and natural gas producers have “serious concerns” that the federal government may not adopt a five-year offshore lease sales schedule as mandated by Congress, the industry said Thursday.

The American Petroleum Institute (API) and other oil and gas executives called out federal officials for what they said was a delay to complete the 2023-2028 Outer Continental Shelf (OCS) Leasing Program. 

“The U.S. is now a global leader in both energy production and emissions reductions, thanks to the innovation and vitality of the U.S. oil and natural gas industry,” said API’s Cole Ramsey, vice president of upstream policy. 

“The ability of U.S. producers to provide more oil and natural gas supplies to the world market has also changed geopolitical dynamics for the better,...