Bureau of Ocean Energy Management September 23, 2022 – Federal Register Recent Federal Regulation Documents

The Bureau of Ocean Energy Management (BOEM) announces the availability of the Proposed Notice of Sale (NOS) for the proposed Cook Inlet Oil and Gas Lease Sale 258 (Cook Inlet Sale 258). Cook Inlet Sale 258 is required to be held by the Inflation Reduction Act of 2022. BOEM is publishing this notice pursuant to its regulatory authority. Regarding oil and gas leasing on the Outer Continental Shelf, the Secretary of the Interior, pursuant to the Outer Continental Shelf Lands Act, provides the Governor of Alaska and the executive of any affected local government the opportunity to comment on the proposed sale's size, timing, and location. The Proposed NOS describes the proposed size, timing, and location of the sale, including lease stipulations, terms and conditions, minimum bids, royalty rates, and rental rates.