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
Page: 74797Docket 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
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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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