Archive

Interior Advances American Offshore Energy Dominance with First Lease Sale Under the One Big Beautiful Bill Act

12/10/2025

The Department of the Interior today announced that the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act. The sale generated $279,433,757 in high bids for 181 blocks across 80 million acres in federal waters of the Gulf of America. Thirty companies submitted 219 bids totalling $371,881,093.

Read more