Sec. 50264. Lease sales under the 2017–2022 Outer Continental Shelf leasing program

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In this section: The term Lease Sale 257 means the lease sale numbered 257 that was approved in the Record of Decision described in the notice of availability of a record of decision issued on August 31, 2021, entitled Gulf of Mexico, Outer Continental Shelf (OCS), Oil and Gas Lease Sale 257 (86 Fed. Reg. 50160 (September 7, 2021)), and is the subject of the final notice of sale entitled Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 257 (86 Fed. Reg. 54728 (October 4, 2021)).

The term Lease Sale 258 means the lease sale numbered 258 described in the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Proposed Final Program published on November 18, 2016, and approved by the Secretary in the Record of Decision issued on January 17, 2017, described in the notice of availability entitled Record of Decision for the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Program Final Programmatic Environmental Impact Statement; MMAA104000 (82 Fed. Reg. 6643 (January 19, 2017)).

The term Lease Sale 259 means the lease sale numbered 259 described in the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Proposed Final Program published on November 18, 2016, and approved by the Secretary in the Record of Decision issued on January 17, 2017, described in the notice of availability entitled Record of Decision for the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Program Final Programmatic Environmental Impact Statement; MMAA104000 (82 Fed. Reg. 6643 (January 19, 2017)).

The term Lease Sale 261 means the lease sale numbered 261 described in the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Proposed Final Program published on November 18, 2016, and approved by the Secretary in the Record of Decision issued on January 17, 2017, described in the notice of availability entitled Record of Decision for the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Program Final Programmatic Environmental Impact Statement; MMAA104000 (82 Fed. Reg. 6643 (January 19, 2017)).

Not later 30 days after the date of enactment of this Act, the Secretary shall, without modification or delay— accept the highest valid bid for each tract or bidding unit of Lease Sale 257 for which a valid bid was received on November 17, 2021; and provide the appropriate lease form to the winning bidder to execute and return. On receipt of an executed lease form under paragraph (1)(B) and payment of the rental for the first year, the balance of the bonus bid (unless deferred), and any required bond or security from the high bidder, the Secretary shall promptly issue to the high bidder a fully executed lease, in accordance with— the regulations in effect on the date of Lease Sale 257; and the terms and conditions of the final notice of sale entitled Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 257 (86 Fed. Reg. 54728 (October 4, 2021)).

Notwithstanding the expiration of the 2017–2022 leasing program, not later than December 31, 2022, the Secretary shall conduct Lease Sale 258 in accordance with the Record of Decision approved by the Secretary on January 17, 2017, described in the notice of availability entitled Record of Decision for the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Program Final Programmatic Environmental Impact Statement; MMAA104000 issued on January 17, 2017 (82 Fed. Reg. 6643 (January 19, 2017)).

Notwithstanding the expiration of the 2017–2022 leasing program, not later than March 31, 2023, the Secretary shall conduct Lease Sale 259 in accordance with the Record of Decision approved by the Secretary on January 17, 2017, described in the notice of availability entitled Record of Decision for the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Program Final Programmatic Environmental Impact Statement; MMAA104000 issued on January 17, 2017 (82 Fed. Reg. 6643 (January 19, 2017)).

Notwithstanding the expiration of the 2017–2022 leasing program, not later than September 30, 2023, the Secretary shall conduct Lease Sale 261 in accordance with the Record of Decision approved by the Secretary on January 17, 2017, described in the notice of availability entitled Record of Decision for the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Program Final Programmatic Environmental Impact Statement; MMAA104000 issued on January 17, 2017 (82 Fed. Reg. 6643 (January 19, 2017)).

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86 FR 50160
86 FR 54728
82 FR 6643

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Sec. 50264

Lease sales under the 2017–2022 Outer Continental Shelf leasing program

Fed. Reg.86 FR 50160

Fed. Reg.86 FR 54728

Fed. Reg.82 FR 6643

Cites 3Cited by 0 across 0 sources