Leasing

BOEM is responsible for all Outer Continental Shelf (OCS) leasing policy and program development issues for oil, gas and other marine minerals.

 The bureau has four major work products:

• Five Year Program 
• Individual oil and gas lease sales 
• Sand and Gravel negotiated agreements; and
• Official maps and GIS data.

Many different disciplines contribute to and support the overall leasing program--from the initial assessment of resources to environmental considerations to the final determination of what is actually offered for lease.

• Fair Market Value – economic analyses, fair market value procedures, economic databases & modeling, post-sale activities and rejected bid appeals.
• Forms – for all phases of leasing, development and production.
• Outer Continental Shelf (OCS) 
• Current Lease Sale Schedule 
• TIMS Web: Company, Qualification, Financial Assurance, and Bonding 
• Areas under Moratoria 
• Deep Gas Rule 
• GOMESA Revenue Sharing 
• US/Mexico Boundary Treaties 
• Boundary Related Court Cases 
• Oil and Gas Leasing on the Outer Continental Shelf  
• Bonding 
• Oil Spill Financial Responsibility (OSFR) for Offshore Facilities 
• Royalty Relief – design of policies, reviews requests for royalty rate reductions, generates economic assumptions.
• Resource Evaluation – geological and geophysical evaluations; engineering assessments of mineral resource potential.
• Combined Leasing Status Report 
• Regional Leasing Information
• Alaska leasing activities / Alaska Exploration Plans 
• Gulf of Mexico lease information
• Pacific lease information