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Interior announces region-wide OCS gulf Lease Sale 251
Oil & Gas Journal: The US Department of the Interior announced plans to hold a Gulf of Mexico region-wide oil and gas lease sale on Aug. 15 offering 77.3 million acres offshore Texas, Louisiana, Alabama, Mississippi, and Florida. Lease Sale 251, which would include all unleased areas in the gulf, would be the third held under the 2017-22 federal OCS leasing program, officials said. All terms were included in the Proposed Notice of Sale, which was posted online on Apr. 2.
The 2017-22 program called for 10 region-wide sales in the gulf where resource potential and industry interest is high and oil and gas transportation systems are well established, they noted. Two region-wide sales were scheduled each year and would include all available blocks in the combined western, central, and eastern gulf planning areas.
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