Bureau of Ocean Energy Management
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The new schedule plans for sales in the US Gulf and Alaska through 2039. -
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
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Equinor said it plans to restart construction on the project, which currently is 30% complete.
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The new plan will replace the current roadmap that contains just three planned Gulf of Mexico lease sales.
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The operator’s deepwater discovery in the Gulf of Mexico is potentially commercial, and government analysis indicates the gulf holds 1.3 billion BOE more reserves than estimated.
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The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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The environmental analysis found no significant effects from issuing leases.
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Projects across the globe are exploring the power of offshore wind in an effort to reach net zero.
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The final rule amends existing regulations and increases the level of financial assurances that operators must provide in advance.
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The department says the four areas, totaling 410,000 acres, have the potential to power 1.2 million homes.
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