Monthly eNewsletter from the IADC

BOEM Announces Oil and Gas Lease Sale 252

On 13 February the U.S. Bureau of Ocean Energy Management (BOEM) announced plans for an oil and gas lease sale to take place in March 2019. This sale, Lease Sale 252, will make 78 million acres available for bids in blocks located up to 231 miles offshore in the Gulf’s western, central and eastern planning areas in water depths from nine to more than 11,115 feet. This will be the fourth offshore sale under the 2017-2022 National Outer Continental Shelf Oil and Gas Leasing Program, in which 10 regionwide lease sales are scheduled for the U.S. Gulf. Two sales are planned for each year.

The full announcement can be found at the Department of Interior website.