BOEM To Hold Oil, Gas Lease Sale On March 29 ...Middle East

The BOEM issued on Thursday its final notice for the oil and gas lease sale in the Gulf of Mexico on March 29, 2023, as required by the Inflation Reduction Act of 2022. The BOEM is offering up for sale 13,600 blocks across 73.3 million acres for Lease Sale #259, covering Western, Central, and Eastern Planning Areas on the Outer Continental Shelf. The Inflation Reduction Act gave the BOEM until March 31 to hold the sale. “BOEM’s proposed economic terms are designed to encourage diligent development while ensuring fair market value to…

Hence then, the article about boem to hold oil gas lease sale on march 29 was published today ( Friday 24/02/2023 - 10:37 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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