U.S. Gulf of Mexico Leasing

The publication WorkBoat posted an article on oil and gas leasing in the U.S. Gulf of Mexico. This article begins as follows:

“The Interior Department announced today that it is proposing the largest oil and gas lease sale ever held in the U.S. — 77 million acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida.

The proposed regionwide lease sale, offering an area about the size of New Mexico, is scheduled for March 2018 and includes all available unleased areas on the Gulf of Mexico Outer Continental Shelf (OCS), surpassing last year’s regionwide lease sale by about one million acres.”

Click here to read the entire article.