Articles tagged Boem

Natural gas and oil production in the Gulf of Mexico (GOM) could be disrupted before the end of the year unless the U.S. Department of Commerce prepares a new assessment to avoid adverse effects to endangered species, industry groups are warning.

Natural gas and oil lease sales in the Gulf of Mexico (GOM) should continue, but there’s room for wind development, as well as carbon capture and sequestration (CCS), according to exploration and production (E&P) companies. 

Interest in the final oil and natural gas auction in the Gulf of Mexico for the year – and potentially the only one until 2025 – was strong on Wednesday, with the highest bid total since 2015.

The on-again, off-again federal auction of oil and natural gas tracts in the Gulf of Mexico (GOM) is on again following a court order mandating the sale be held next month.

The Bureau of Ocean Energy Management (BOEM) has postponed an offshore oil and natural gas lease sale previously scheduled for Wednesday (Sept. 27), but the sale must occur by Nov. 8, following a federal court order.

An offshore oil and gas lease sale scheduled for Wednesday (Sept. 27) in the Gulf of Mexico’s (GOM) Outer Continental Shelf (OCS) must proceed as originally planned with all 73 million acres on offer, following a preliminary injunction granted by the U.S. District Court for the Western District of Louisiana.

The Bureau of Land Management (BLM) has begun a one-month scoping process to take comments on potential oil and natural gas lease sales across parts of Nevada and Utah.

The Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) has identified two sites in the Gulf of Mexico (GOM) that could support offshore wind development in an area that has long been one of the major natural gas and oil breadbaskets. 

The shallow waters of the Gulf of Mexico (GOM) should be defined as a “distinct province” to avoid stranding substantial oil and natural gas resources, according to new research by the Department of Interior’s offshore regulators.

The federal Bureau of Ocean Energy Management (BOEM) "systematically underestimates the value of offshore oil and gas leases, resulting in the government collecting hundreds of millions of dollars less than it could otherwise," according to the Government Accountability Office (GAO).