Page 3 - Gas Leasing Program News Today

Environmental groups and oil and gas interests filed separate petitions challenging Biden's plan to offer Gulf of Mexico drilling leases.

The U.S. Outer Continental Shelf is estimated to hold 90 Bboe and 327 Tcfg. If developed, these resources could create more than 800,000 American jobs, spur nearly $450 billion in private-sector spending, and generate more than $200 billion in revenue for federal and state governments.

Interior issues final five year offshore program Plans three Gulf of Mexico oil, gas auctions BOEM would have preferred no lease sales US Interior Secretary Deb Haaland has signed off on the Interior

The bill was introduced on July 24 this year and passed the House of Representatives on November 3.

Bill cuts EPA budget by 39%, Interior spending by 7% Blocks EPA's carbon emissions rule for power plants Mandates at least four offshore oil and gas auctions a year The US House of Representatives' Re

The Times of Houma Thibodaux

The plan includes a historically low number of proposed sales

Rigzone looks at reactions from the API, IPAA, NOIA, and LOGA and hears from the White House.

The Biden administration’s proposed 2024–2029 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program would allow for the “smallest number” of offshore oil lease sales — three — in the history of five-year programs

Offshore leasing plan to become effective in 60 days No offshore oil and gas auctions will be held in 2024 Calls for auctions in 2025, 2027 and 2029 The US Interior Department Sept.