
The two lease areas—one in Coos Bay and the other offshore Brookings, Oregon—have the potential to power about 1 million homes, according to BOEM. (Source: Shutterstock)
The U.S. Bureau of Ocean Energy Management (BOEM) has delayed the wind energy auction for two lease areas offshore Oregon, it said Sept. 27.
The postponement was announced after BOEM said it received bidding interest from only one of the five companies that qualified to participate in the Oct. 15 lease auction.
“In determining a future opportunity for a potential lease sale, BOEM will continue to collaborate with representatives from federal, state and local agencies and Tribal governments, to coordinate on potential leasing and support ongoing stakeholder engagement processes on broader offshore wind considerations, such as the state-led development of a strategic roadmap for offshore wind,” BOEM said in a news release.
The two lease areas—one in Coos Bay and the other offshore Brookings, Oregon—have the potential to power about 1 million homes, according to BOEM.
Recommended Reading
Oxy CEO Sheds Light on Powder River Basin Sale to Anschutz
2024-11-14 - Occidental is selling non-core assets in the Lower 48 as it works to reduce debt from a $12 billion Permian Basin acquisition.
Freehold Closes $182MM Acquisition of Midland Basin Interests
2024-12-16 - Freehold Royalties’ acquisition from a private seller includes around 1,300 boe/d of net production and 244,000 gross drilling acres largely operated by Exxon Mobil and Diamondback Energy.
Brigham Exploration Grows Permian Footprint in Non-Op Assets Deal
2024-12-17 - Brigham Exploration is significantly adding to its Permian Basin non-operated portfolio with an acquisition of 7,000 acres from Great Western Drilling.
Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says
2024-10-23 - Crescent Energy CEO David Rockecharlie said that after closing the SilverBow acquisition, the company is continuing to hunt for new assets, although few make it past the company’s screening process.
Orion Acquires SCOOP/STACK Interests, Pursuing Permian Deals
2024-11-11 - Orion Diversified Holding Co. is pursuing negotiations with several oil companies in the Permian Basin to acquire oil and gas assets, the company’s CEO said.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.