The Bureau of Ocean Energy Management, a sub-agency within the Interior Department that manages federal acreage in the outer continental shelf, issued a final notice of sale on Monday to auction off approximately 958,202 acres in Alaska’s Cook Inlet. The lease sale will be held on Dec. 30.
Congress directed BOEM to carry out the lease sale by the end of the year after the Interior Department canceled it and two other Gulf of Mexico lease sales back in May. Interior said at the time that there was insufficient interest from the industry in the Cook Inlet sale.
Cook Inlet and the two other Gulf lease sales were resurrected by the Inflation Reduction Act, Democrats’ green energy and health spending bill that passed in August, at the insistence of Sen. Joe Manchin (D-WV), who supports the expansion of oil and gas development, unlike many Democrats in Congress.