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The leases could result in 1 billion barrels of oil and 4 trillion cubic feet of natural gas, according to estimates made by the Department of the Interior's Bureau of Ocean Energy Management (BOEM). Besides, BOEM projected close to 31 billion barrels ...

The Bureau of Ocean Energy Management estimates the sale could result in the production of 1 billion barrels of oil and 4 trillion cubic feet of natural gas. The lease sale is scheduled to take place June 20 in New Orleans. "Expanding offshore oil and ...

“The Central Gulf of Mexico remains the area with the greatest offshore oil and gas potential in the entire United States outer continental shelf,” said Tommy P. Beaudreau, director of the Bureau of Ocean Energy Management, in a statement.

The Bureau of Ocean Energy Management on Thursday proposed its first oil-and-gas lease sale in the central Gulf of Mexico since the Deepwater Horizon oil spill nearby and said it would soon finalize its next five-year plan for the outer continental shelf.

According to the Bureau of Ocean Energy Management, 37 million offshore acres were offered in the Gulf of Mexico for oil and gas exploration and production. The current 2011 average for US petroleum production (through October 2011) is 7782 million ...

The Bureau of Ocean Energy Management has released a Final Supplemental Environmental Impact Statement for proposed oil and gas lease sale 216/222. National Petroleum Council. The Department of Energy has renewed the Council for a two-year period, ...

Several environmental groups have sued the US Department of Interior and its Bureau of Ocean Energy Management (BOEM ) to block the Western Gulf of Mexico Lease Sale 218—the first auction of oil and gas exploration leases in the Gulf of Mexico since ...

JEFFERSON, La. (AP) — Only a petroleum industry representative showed up at a public hearing on proposed oil and gas lease sales in the Gulf of Mexico. The Bureau of Ocean Energy Management took testimony Wednesday on environmental impact studies prepared for the auctions, which are planned over the next 5 years

JEFFERSON, La. (AP) - The federal agency handling offshore drilling has invited the public to comment on proposed etroleum lease sales in the Gulf of Mexico over the next five years. The Bureau of Ocean Energy Management will hold Wednesday's hearing in Jefferson Parish. The government's first auction of offshore petroleum leases in the Gulf of Mexico since the Deepwater Horizon oil spill in

The Bureau of Ocean Energy Management will hold Wednesday's hearing in Jefferson Parish. The government's first auction of offshore petroleum leases in the Gulf of Mexico since the Deepwater Horizon oil spill in 2010 drew $333.7 million in winning bids ...

Oil, gas, and coal continue to play an important part of our energy portfolio as we take steps to further reduce our dependence on foreign oil and expand the use of wind, solar, geothermal, and other renewable resources.” The 2011 lease sale figures ...

The Bureau of Ocean Energy Management (BOEM) will hold a public hearing in Houston on Jan. 10, 2012, to provide an opportunity for the public to comment on the Draft Environmental Impact Statement (DEIS) for the Proposed Outer Continental Shelf (OCS) oil and gas lease sales offshore Texas, Louisiana, Mississippi and Alabama

She also said increased funding for the Bureau of Ocean Energy Management Regulation and Enforcement that oversees permitting for oil and gas drilling in the Gulf of Mexico should speed up the approval of applications for deepwater rigs. ...

By Nick Snow The US Bureau of Ocean Energy Management completed a draft environmental impact statement regarding 10 oil and gas lease sales it has tentatively scheduled in the central and western Gulf of Mexico under the proposed 2012-17 US Outer ...