Leasing

Note to Stakeholders - BOEM Announces Final Rule for Oil and Gas Leasing (03/29/2016)

BOEM is responsible for all Outer Continental Shelf (OCS) leasing policy and program development issues for oil, gas and other marine minerals.

The Bureau has four major work products:

• Five-Year Program
• Individual oil and gas lease sales
• Sand and Gravel negotiated agreements; and
• Official maps and GIS data.

Many different disciplines contribute to and support the overall leasing program--from the initial assessment of resources to environmental considerations to the final determination of what is actually offered for lease.

• Fair Market Value – economic analyses, fair market value procedures, economic databases & modeling, post-sale activities and rejected bid appeals.
• Forms – for all phases of leasing, development and production.
• Outer Continental Shelf (OCS)
• Current Lease Sale Schedule
• TIMS Web: Company, Qualification, Financial Assurance, and Bonding
• Areas under Moratoria
• Deep Gas Rule
• GOMESA Revenue Sharing
• US/Mexico Boundary Treaties
• Boundary Related Court Cases
• Oil and Gas Leasing on the Outer Continental Shelf  
• Bonding
• Oil Spill Financial Responsibility (OSFR) for Offshore Facilities
• Royalty Relief – design of policies, reviews requests for royalty rate reductions, generates economic assumptions.
• Resource Evaluation – geological and geophysical evaluations; engineering assessments of mineral resource potential.
• Combined Leasing Status Report
• Regional Leasing Information
• Alaska Leasing Activities | Alaska Plans
• Gulf of Mexico lease information
• Pacific lease information