USA flags 78 million acres for offshore exploration
The US Bureau of Ocean Energy Management (BOEM) has put approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida up for offer for oil and gas exploration and development.
BOEM said acreage offer was in support of President Donald Trump's America-First Offshore Energy Strategy and the region-wide lease sale, scheduled for Aug. 15, 2018, includes all available unleased areas in federal waters of the Gulf of Mexico.
“Responsibly developing our offshore...