80 FR 229 pg. 74797 - Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)

Type: NOTICEVolume: 80Number: 229Page: 74797
Docket number: [MMAA 104000]
FR document: [FR Doc. 2015-30300 Filed 11-27-15; 8:45 am]
Agency: Interior Department
Sub Agency: Ocean Energy Management Bureau
Official PDF Version:  PDF Version
Page: 74797

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DEPARTMENT OF THE INTERIOR

Bureau of Ocean Energy Management

[MMAA 104000]

Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)

AGENCY:

Bureau of Ocean Energy Management (BOEM), Interior.

ACTION:

Cancellation of Beaufort Lease Sale 242.

SUMMARY:

The Department of the Interior has decided to cancel Beaufort Sea Lease Sale 242, which was scheduled to occur in 2017 under the 2012-2017 OCS Oil and Gas Leasing Program. Sale 242 is being canceled due to current market conditions ( e.g. , low oil prices) and minimal competitive interest from industry.

FOR FURTHER INFORMATION CONTACT:

David Diamond, BOEM, Chief, Leasing Division, at (703) 787-1776 or david.diamond@boem.gov.

Dated: November 18, 2015.

Abigail Hopper,

Director, Bureau of Ocean Energy Management.

[FR Doc. 2015-30300 Filed 11-27-15; 8:45 am]

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