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What is the process for leasing OCS oil and gas?

April 26, 2017Gas leasing OCS Oil process

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What is the process for leasing OCS oil and gas?

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BOEMRE has oversight responsibility on oil and gas leasing activities within the OCS. Section 18 of the OCS Lands Act requires the Secretary of the Interior to prepare a 5-year oil and gas leasing program (5-Year Program) that consists of a 5-year schedule of proposed lease sales that shows the size, timing, and location of leasing activity as precisely as possible. The process to develop a 5-Year Program includes: three separate comment periods, two separate draft proposals, a final proposal, and development of an environmental impact statement (EIS). This statutorily mandated process usually takes about two and a half years. After the Secretary of the Interior approves the Proposed Final Program, the BOEMRE sends it to Congress. If Congress does not pass legislation to modify the proposal within 60 days, the 5-Year Program becomes final. View the Leasing 101 Guide. The current OCS oil and gas leasing statistics are updated and posted monthly in a Combined Leasing Status Report.