⛽Notice of Sale for Gulf of America Outer Continental Shelf Lease 262
Notice of Availability of the Proposed Notice of Sale for Gulf of America Outer Continental Shelf Oil and Gas Lease Sale 262
Summary
The Bureau of Ocean Energy Management (BOEM) announces the availability of the Proposed Notice of Sale (NOS) for the proposed Gulf of America (GOA) Outer Continental Shelf (OCS) Oil and Gas Lease Sale 262 (GOA Lease Sale 262). BOEM is publishing this notice pursuant to its regulatory authority. Pursuant to Section 19 of the OCS Lands Act, the Secretary of the Interior provides the Governors of affected States and the executive of any affected local government the opportunity to review and comment on the Proposed NOS. The Proposed NOS describes the proposed size, timing, and location of the sale, including lease stipulations, terms and conditions, minimum bids, royalty rates, and rental rates.
Agencies
- Interior Department
- Ocean Energy Management Bureau
Business Impact
$$$ - High
The notice details the Gulf of America Outer Continental Shelf Oil and Gas Lease Sale 262, allowing potential bidders to review and comment on lease stipulations, including minimum bids and royalty rates, which directly affect financial planning and compliance for businesses in the oil and gas sector.