30 CFR 556.309: Does BOEM offer blocks in a sale that is not on the Five Year program schedule (called a Supplemental Sale)?
Where this section sits in the code
- Title 30—Mineral Resources
- CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER B—OFFSHORE
- PART 556—LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF
- Subpart C—Planning and Holding a Lease Sale
(a) Except as provided in paragraph (c) of this section, BOEM may offer a block within a planning area included in the Five Year program in an otherwise unscheduled sale, if the block:
(1) Received a bid that was rejected in an earlier sale;
(2) Had a high bid that was forfeited in a scheduled sale; or
(3) Is a development block subject to drainage.
(b) For an unscheduled sale, BOEM may disclose the classification of the block as a development block.
(c) Blocks in the Central or Western Gulf of America Planning Areas cannot be offered in a sale that is not on the schedule.
Collected 2026-08-27T02:25:24Z. Source file · JSON