Interior Details June 20 Gulf Leases Sale

Scheduled to take place at the Superdome in New Orleans, it will include 7,276 blocks on about 38.6 million acres.

Oil and gas production leases on about 38.6 million acres offshore Louisiana, Mississippi, and Alabama will be included in the June 20 Central Gulf of Mexico lease sale, Interior Secretary Ken Salazar and Bureau of Ocean Energy Management Director Tommy Beaudreau announced May 17.

They said the sale will take place at the Mercedes-Benz Superdome in New Orleans. BOEM estimates it could result in the production of more than 1 billion barrels of oil and more than 4 trillion cubic feet of natural gas. "As part of the Obama administration's all of the above energy strategy, we continue to make millions of acres of federal waters and public lands available for safe and responsible domestic energy exploration and development," Salazar said.

"The Gulf of Mexico is the crown jewel of the U.S. Outer Continental Shelf and home to a number of world-class producing basins, including many in deepwater areas that are becoming increasingly accessible with new technology," said Beaudreau. "There have been a number of significant discoveries in the past two years alone, and this sale will continue making significant and promising areas available while encouraging diligent development and providing the taxpayer a fair return."

The blocks are located from 3 to about 230 miles offshore in water depths ranging from 9 feet to more than 11,115 feet. These acres contain close to 31 billion barrels of oil and 134 trillion cubic feet of natural gas that are currently undiscovered and technically recoverable, according to BOEM, which has increased the minimum bid in deepwater from $37.50 to $100 per acre "to ensure that taxpayers receive fair market value for offshore resources and to provide leaseholders with additional impetus to invest in leases that they are more likely to develop."

The agency completed a supplemental environmental impact statement for the sale, which considers the latest available information for the Central Gulf of Mexico Planning Area following the Deepwater Horizon oil spill. The Final Notice of Sale information package is available at http://www.boem.gov/sale-216-222/. It includes the BOEM Record of Decision, which contains this statement: "It is not very likely that accidental events, such as a large oil spill, associated with the CPA [Central Planning Area] proposed action would occur and contact coastal prehistoric or historic archaeological sites. Should a spill contact a prehistoric archaeological site, damage might include loss of radiocarbon-dating potential, direct impact from oil-spill cleanup equipment, and/or looting resulting in the irreversible loss of unique or significant archaeological information. The major effect from an oil-spill impact on coastal historic archaeological sites would be visual contamination, which would be temporary and reversible."

Download Center

HTML - No Current Item Deck
  • Safety Management Software - Free Demo

    IndustrySafe Safety Software’s comprehensive suite of modules help organizations to record and manage incidents, inspections, hazards, behavior based safety observations, and much more. Improve safety with an easy to use tool for tracking, notifying and reporting on key safety data.

  • Create Flexible Safety Dashboards

    IndustrySafe’s Dashboard Module allows organizations allows you to easily create and view safety KPIs to help you make informed business decisions. Our best of breed default indicators can also save you valuable time and effort in monitoring safety metrics.

  • Schedule and Record Observations

    IndustrySafe's Observations module allows managers, supervisors, and employees to conduct observations on employees involved in safety critical behavior. IndustrySafe’s pre-built BBS checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Why Is Near Miss Reporting Important?

    A near miss is an accident that's waiting to happen. Learn how to investigate these close calls and prevent more serious incidents from occurring in the future.

  • Get the Ultimate Guide to Safety Training

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common FAQs.

  • Industry Safe
comments powered by Disqus

OH&S Digital Edition

  • OHS Magazine Digital Edition - April 2019

    April 2019

    Featuring:

    • ELECTRICAL SAFETY
      Taking the Guesswork Out of De-Energizing Industrial Equipment 
    • VISION PROTECTION
      Four Simple and Effective Ways to Avoid Digital Eye Strain
    • FOOT PROTECTION
      PPE the Automotive Industry Needs to Invest In
    • FIRE SAFETY
      Eliminate 10 Fire Hazards That May Be in Plain Sight
    View This Issue