BOEM’s BBG3 acceptances extend Gulf leasing, but the record still stops short of barrels or federal revenue
BOEM’s September 24 BBG3 posting adds a fresh administrative step to the August 12 Gulf lease sale that Interior said drew $82.69 million in high bids. The public record supports a pro-development signal for offshore investment, but it does not yet show executed leases, collected payments, drilling or production.
