U.S. Sets August Date for Third ‘Big Beautiful’ Gulf Offshore Oil Lease Sale

Federal agency moves ahead with third auction mandated under the One Big Beautiful Bill Act

The U.S. Bureau of Ocean Energy Management (BOEM) has issued the Final Notice of Sale for its third offshore oil and gas lease sale under the One Big Beautiful Bill Act, keeping the Trump administration’s accelerated Gulf of America leasing program on schedule.

Lease Sale Big Beautiful Gulf 3 (BBG3) will offer approximately 15,100 unleased blocks covering about 80.4 million acres across the Gulf of America Outer Continental Shelf. The available acreage stretches from 3 to 231 miles offshore in water depths ranging from 9 feet