US EditionTrump Administration Sets Terms for Upcoming Oil and Gas Lease Sale in Alaska’s Cook Inlet
The lease sale covers about 1 million acres with a 12.5% royalty rate, the lowest allowed, as part of a schedule for six Alaska sales through 2032 under the One Big Beautiful Bill Act.
- On Nov. 7, the Department of the Interior announced two steps under President Donald Trump's One Big Beautiful Bill Act, including plans for a Cook Inlet lease sale early next year.
- Trump's law and Congress' mandate require the schedule of 30 offshore sales in the Gulf of America, supporting a predictable, congressionally mandated leasing timetable, as BOEM said.
- BOEM said it will apply 2017 federal sale rules and offer a 12.5% royalty rate as an incentive, with bids opening on March 4.
- U.S. District Court Judge Sharon Gleason ordered BOEM to conduct further analysis after a lawsuit found the presale analysis flawed, and BOEM opened a 60‑day comment period limited to Alaska's governor and local governments.
- Despite muted interest in recent years, Cook Inlet lease sales drew little industry interest, with Hilcorp holding eight active federal Cook Inlet leases and past sales offering more than 700 tracts over about 3 million acres.
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Trump Admin Expands Oil & Gas Drilling In Gulf Of America, Eyes Alaska Next
Trump Admin Expands Oil & Gas Drilling In Gulf Of America, Eyes Alaska Next The Department of the Interior announced on Nov. 7 two major steps to expand offshore oil and gas leasing under President Donald Trump’s One Big Beautiful Bill Act, unveiling plans for the first lease sale in the Gulf of America and another proposed auction in Alaska’s Cook Inlet. The measures are the first in a schedule of 30 offshore sales in the Gulf of America and si…
Trump Admin Opens Gulf of America to Oil and Gas Drilling, Eyes Alaska Next - The Thinking Conservative News
The Interior Dept. unveiled plans for new offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet under Trump’s One Big Beautiful Bill Act. The post Trump Admin Opens Gulf of America to Oil and Gas Drilling, Eyes Alaska Next appeared first on The Thinking Conservative News.
The Epoch Times
The Political InsiderTrump Admin Opens Gulf of America to Oil and Gas Drilling, Eyes Alaska Next
The Department of the Interior announced on Nov. 7 two major steps to expand offshore oil and gas leasing under President Donald Trump’s One Big Beautiful Bill Act, unveiling plans for the first lease sale in the Gulf of America and another proposed auction in Alaska’s Cook Inlet. The measures mark the start of a schedule of 30 offshore sales in the Gulf of America and six in Alaska, part of what the Interior Department’s Bureau of Ocean Energy…
BOEM to hold Gulf of America OCS lease sale, proposes first Cook Inlet - November 16, 2025
The U.S. Interior Department's Bureau of Ocean Energy Management said Nov. 7 that it is taking two major steps toward expanding offshore energy development pursuant to Trump's One Big Beautiful Bill Act, which the President signed in July. BOEM will hold an oil and gas lease sale for the Gulf of Ame...
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