BOEM Proposes Second Gulf of America Lease Sale

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the second offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Big Beautiful Gulf, or BBG2, is scheduled to take place on March 11, 2026.

This sale is the second of thirty Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act. By committing to a predictable sale schedule, the Department is delivering on President Trump’s promise to expand American energy production and strengthen U.S. energy dominance.

Lease Sale BBG2 proposes to offer approximately 15,000 unleased blocks covering about 80 million acres on the U.S. Outer Continental Shelf in the Gulf of America. The blocks, located 3 to 231 miles offshore, span water depths from 9 feet to more than 11,100 feet.

The Gulf of America Outer Continental Shelf spans approximately 160 million acres and is estimated to contain 29.59 billion barrels of undiscovered, technically recoverable oil and 54.84 trillion cubic feet of natural gas.

Certain areas will be excluded from the sale, including blocks subject to the September 8, 2020, presidential withdrawal; blocks adjacent to or beyond the U.S. Exclusive