BBG3
The Bureau of Ocean Energy Management BOEM in the USA announced the Final Notice of Sale for Lease Sale Big Beautiful Gulf 3 (BBG3). This is the third of 30 Gulf of America lease sales required by the One Big Beautiful Bill Act.
“BBG3 demonstrates our continued commitment to executing a predictable offshore leasing schedule for the Gulf of America,” said BOEM Acting Director Matt Giacona. “This third Congressionally directed sale builds on the momentum of the first two sales and supports responsible development of America’s offshore energy resources, continued investment in the U.S. Outer Continental Shelf, and American energy independence.”
The Final Notice of Sale is scheduled to be published in the Federal Register on July 8, initiating a 30-day waiting period before the lease sale. The bureau will livestream the public bid reading on Aug. 12 at 9 a.m. Central Time.
The bid opening will be livestreamed at www.boem.gov/Sale-BBG3.
The bid reading venue will be closed to the public, but registered bidders may attend in person, per BOEM instructions.
Lease Sale BBG3 plans to approximately 15,100 unleased blocks, covering roughly 80.4 million acres on the U.S. Outer Continental Shelf in the Gulf of America.
The blocks are located between 3 miles and 231 miles offshore and include water depths ranging from 9 feet to more than 11,100 feet.
