Written by
Nick Blenkey
Picture: BOEM
The Bureau of Ocean Power Administration has now set a date for Gulf of Mexico Oil and Gasoline Lease Sale 261. Will probably be held November 8, 2023.
That is the sale {that a} courtroom ordered BOEM to carry as initially described in the proposed discover of sale introduced again in March and never as set out in its Remaining Discover of Sale that coated considerably diminished acreage and in addition positioned extreme restrictions on oil and fuel vessel visitors.
BOEM has now printed an up to date Remaining Discover of Sale (FNOS) that, pursuant to path from the courtroom, will provide roughly 13,618 blocks on 72.7 million acres on the U.S. Outer Continental Shelf within the Western, Central, and Japanese Planning Areas within the Gulf of Mexico. The courtroom directed BOEM to incorporate lease blocks that have been beforehand excluded because of potential impacts to the Rice’s whale inhabitants from oil and fuel actions within the Gulf of Mexico, and to take away parts of a associated stipulation meant to handle these potential impacts from the lease phrases for any leases which will end result from Lease Sale 261.
The FNOS and a map of the lease sale space can be found HERE
Whereas business has been sharply important of BOEM’s efforts to reduce offshore oil and fuel gross sales, it is going to be extraordinarily fascinating to see what ranges the bids on the sale attain.
