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Offshore Oil and Gas Lease Sales Bill
Recent Bills/Offshore Oil and Gas Lease Sales Bill

Offshore Oil and Gas Lease Sales Bill

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Introduced in Senate
Energy
Why This Matters

This bill aims to increase offshore oil and gas production by requiring regular lease sales in the Gulf of Mexico. It streamlines the process to make these sales happen more quickly and frequently.

If you work in the oil and gas industry, this bill could create more job opportunities in offshore energy production.
Who this affects
Oil and gas companies
What changes is this bill making?
  1. 1This bill requires the Secretary of the Interior to hold at least 20 offshore oil and gas lease sales over the next ten years.
  2. 2Each lease sale must cover at least 74 million acres in the Gulf of Mexico region.
  3. 3The Secretary can waive certain requirements to speed up the approval process for these lease sales.
  4. 4The bill sets specific dates for when these lease sales must occur, starting in 2026.
  5. 5It also states that legal challenges related to environmental reviews won't affect the validity of leases sold.
Read the detailed summary

Offshore Energy Security Act of 2025This bill directs the Department of the Interior to conduct two offshore oil and gas lease sales per year for 10 years in the Gulf of Mexico Region Program Area, places a moratorium on oil and gas leases in certain areas, and establishes related requirements. Interior must offer at least 74 million acres for each offshore lease sale in such region. The bill stipulates the terms and conditions of such leases. Interior must also carry out the lease sales in accordance with the Record of Decision approved by Interior on January 17, 2017. Interior may waive certain requirements under the National Outer Continental Shelf Oil and Gas Leasing Program that would delay final approval of those lease sales. In addition, the bill prohibits such lease sales from being invalidated as a result of lawsuits relating to environmental reviews under the National Environmental Policy Act of 1969. It also limits delays to the lease sales as a result of the lawsuits. Finally, the bill extends through 2035 a moratorium on oil and gas leasing in (1) any area east of the Military Mission Line in the Gulf of Mexico; (2) any area in the Eastern Planning Area that is within 125 miles of Florida's coastline; and (3) certain areas in the Central Planning Area, including specified areas along Florida's coastline. It also places a moratorium through 2035 on oil and gas leasing in the South Atlantic Planning Area or the Straits of Florida Planning Area.

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Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentJan 3, 2025

Introduced in Senate

Sponsors
See all 5 sponsors
Senate
House
President

The President

Joe Biden
46th President
Awaiting Vote
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