BOEM proposes oil, gas lease sale for 80 million acres in Gulf
Oil & Gas 360º
JUNE 27, 2025
“This proposed lease sale demonstrates BOEM’s commitment to advancing American Energy Dominance and fostering the production of affordable, reliable energy resources for the nation.” BOEM estimates the broader Gulf outer continental shelf holds about 48 billion barrels of undiscovered oil and 141 Tcf of natural gas.
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