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5 April 2023
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31 March 2023
On 29 March 2023, the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) executed Lease Sale 259, the second of three such lease sales as compelled by the Inflation Reduction Act signed into law by the U.S. Congress in August 2022.
24 March 2023
IADC applauds Speaker McCarthy, Majority Leader Scalise, and everyone involved with the production and prioritization of H.R. 1, the Lower Energy Costs Act. We strongly support this comprehensive legislation and believe it will restore much-needed certainty to U.S. federal leasing programs, both onshore and offshore.
14 March 2023
Yesterday Representatives Nathaniel Moran (TX-01) and Henry Cuellar (TX-28) introduced a bipartisan bill, the More Energy More Jobs Act of 2023. The bill would require at least two area-wide lease sales annually in the Western and Central Gulf of Mexico, as well as allow U.S. Governors to formally nominate areas for offshore natural gas and oil development.
