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BOEM Resumes Oil and Gas Lease Sale for the Gulf of Mexico

BOEM Resumes Oil and Gas Lease Sale for the Gulf of Mexico

Oct 1, 2021 | Drill Deeper Blog

In compliance with an order from the US District Court for the Western District of Louisiana, the Bureau of Ocean Management (BOEM) announced Thursday that it will hold an oil and gas lease sale for the Gulf of Mexico on November 17, 2021. That court order was...

Update: BOEM Withdraws Sole Liability Orders Issued Under NTL 2016-01

Feb 20, 2017 | Drill Deeper Blog

The Bureau of Ocean Management (BOEM) announced that it will withdraw its orders issued in December 2016 to provide additional security for sole-liability properties to Outer Continental Shelf (OCS) oil and gas lease and grant holders.  “Sole-liability properties” are...

BOEM Delays NTL 2016-01 for Non-Sole Liability Properties

Jan 9, 2017 | Drill Deeper Blog

Just hours after we posted our blog questioning the future viability of the Bureau of Ocean Management (BOEM) new financial assurance regime, BOEM announced in a Note to Stakeholders that it “will extend the implementation timeline for NTL 2016-N01 by an additional...

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