Search results for: lease-sale

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  • 16 March 2016

    The U.S. Department of Interior has backed away from the proposed sale of offshore exploration acreage on the Mid and South Atlantic area as part of the 2017-2022 lease sale, citing local opposition and conflicts with competing commercial and military ocean uses. According to the statement by the DOI, many factors were considered in the […]

  • 24 March 2016

    The latest U.S. Gulf of Mexico lease sale has attracted $156 million in high bids for 128 tracts covering 693,962 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi and Alabama. This, combined with no bids for the Eastern Gulf Sale, translates into one of the lowest industry interest in the history […]

  • 13 March 2019

    The U.S. Bureau of Ocean Energy Management has proposed to offer 78 million acres for a Gulf of Mexico lease sale scheduled for August 2019.

  • 17 April 2017

    The U.S. State of Alaska is offering offshore and onshore acreage for oil and gas exploration as part of its latest lease sale. The bid opening will be held in June.  The Alaska Department of Natural Resources, Division of Oil and Gas (DO&G), announced on Friday that the public bid opening for the Alaska Peninsula […]

  • 9 December 2016
    Authorities & Government

    The auction of the wind energy lease area off the coast of New York has been delayed after fishing groups filed a complaint to the federal court yesterday, based on a concern about the impact a large-scale wind project will have on the access to prime fishing areas. The Bureau of Ocean Energy Management (BOEM) was set to […]

  • 16 August 2018

    Oil companies offered $178,069,406 in high bids for 144 tracts covering 801,288 acres in federal waters of the U.S. Gulf of Mexico as part of region-wide leased sale held on Wednesday.

  • 22 June 2017

    Hilcorp Alaska was the only company taking part in the Cook Inlet Lease Sale 244 – the first lease sale held in Alaska’s federal waters since 2008. The sale on Wednesday garnered $3,034,815 in high bids for 14 tracts covering roughly 76,615 acres in Cook Inlet, off Southcentral Alaska. All bids were submitted by Hilcorp Alaska. […]

  • 20 August 2015

    The Department of the Interior’s (DOI) oil and gas lease sale for the Western Gulf of Mexico held Wednesday attracted little attention from the industry, as only five oil companies submitted their bids.  A total of 4,083 unleased blocks, covering about 21.9 million acres were offered in the Lease Sale 246, however, the five companies only submitted […]

  • 22 July 2016

    The U.S. will offer 23.8 million acres offshore Texas for oil and gas exploration and development in a milestone lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. “The Gulf of Mexico continues to be one of the most productive basins in the world and is an […]

  • 22 March 2018

    U.S. Gulf of Mexico lease sale, largest in history by the offered acreage, attracted what has been described as a “tepid response” by the oil and gas majors. The U.S. administration had offered more than 77 million acres in the U.S. Gulf of Mexico, however the bids were placed only for 815,403 acres in federal […]

  • 19 February 2018

    The U.S. Department of the Interior will in March hold what it says is the largest oil and gas lease sale in U.S. history.

  • 18 January 2019

    U.S. Bureau of Ocean Energy Management last week said it would have more than 120 people working on permitting operations and on preparation for the upcoming Gulf of Mexico licensing round. This is despite the government shutdown which has placed some 800.000 workers on furlough without paychecks, as U.S. president Trump’s request Trump’s for $5.6 billion […]

  • 17 August 2017

    The first offshore lease sale under the U.S. National Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022 was held on Wednesday, August 16, yielding over $121 million in high bids on 508,096 acres in the Gulf of Mexico.  The Lease Sale 249 was livestreamed from New Orleans on Wednesday. The U.S. Secretary of the Interior Ryan Zinke announced […]

  • 23 July 2018
    Business & Finance

    Oil & gas giant Shell has filed the required documents to qualify for bidding at an upcoming offshore wind lease sale in Massachusetts, due to take place this fall, according to Bloomberg Environment. 

  • 16 December 2016

    Statoil Wind US came out as the winner of the New York offshore wind lease sale, agreeing to pay USD 42.5 million for rights to build an offshore wind farm at the 79,350-acre area. The lease comprises an area that could potentially accommodate more than 1GW of offshore wind, with a phased development expected to start with […]

  • 23 July 2018
    Business & Finance

    Oil & gas giant Shell has filed the required documents to qualify for bidding at an upcoming offshore wind lease sale in Massachusetts, due to take place this fall, according to Bloomberg Environment. 

  • 17 August 2018

    Talos Energy has been the high bidder on 14 offshore blocks in the recent Gulf of Mexico lease sale held by BOEM.

  • 22 August 2019

    The lease sale has attracted $159,4 million in high bids, a result described as “somewhat modest,” by NOIA.

  • 24 September 2015
    Authorities & Government

    U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper yesterday announced that an area of 343,833 acres (cca. 1,391km²) seven nautical miles off the New Jersey coast will be offered for commercial wind energy development in a competitive lease sale on November 9, 2015. The New Jersey Wind Energy […]

  • 19 August 2015

    The U.S. Bureau of Ocean Energy Management (BOEM) will carry out Gulf of Mexico Western Planning Area Lease Sale 246 on Wednesday, August 19, 2015, at the Mercedes-Benz Superdome in New Orleans. Doors open at 7:30 and bid reading begins at 9:00 AM CDT. The sale, which offers 21.9 million acres for oil and gas […]

  • 16 December 2016

    Statoil Wind US came out as the winner of the New York offshore wind lease sale, agreeing to pay USD 42.5 million for rights to build an offshore wind farm at the 79,350-acre area. The lease comprises an area that could potentially accommodate more than 1GW of offshore wind, with a phased development expected to start with […]

  • 9 November 2015
    Authorities & Government

    The U.S. Bureau of Ocean Energy Management (BOEM) will hold an auction sale for the New Jersey offshore wind lease area today, offering approx. 344,000 acres for commercial wind energy leasing. The area will be auctioned as two leases: South Lease Area, covering 160,480 acres, and North Lease Area, which consists of 183,353 acres. The lease area has an offshore […]