The administration of US President Donald Trump has announced a schedule for more than 30 offshore oil and gas lease sales over the next 15 years in the Gulf of Mexico and Alaska’s Cook Inlet.
This initiative is in line with the One Big Beautiful Bill Act and aims to bolster US energy production and reinforce its energy independence.
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US Interior Secretary Doug Burgum said: “The One Big Beautiful Bill Act is a landmark step toward unleashing America’s energy potential.
“Under President Trump’s leadership, we are putting in place a bold, long-term programme that strengthens American Energy Dominance, creates good-paying jobs and ensures we continue to responsibly develop our offshore resources.”
The Gulf of Mexico contributes approximately 14–15% of US crude oil production and is central to the country’s offshore energy output.
The announcement of the lease sales provides the oil and gas industry with the clarity and stability needed to secure investments in deep-water infrastructure.
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By GlobalDataThe Gulf region contributes tens of billions of dollars to the US’ gross domestic product every year, provides employment, and generates a significant amount of state and federal revenue.
Alaska, with its strategic location and role as an energy hub, is set to play a significant role in the US’ energy future.
The inclusion of six lease sales in Cook Inlet by 2032 is aimed at providing new jobs, economic growth and long-term community investment.
Responsible development in this area is expected to decrease reliance on foreign energy imports while upholding Alaska’s tradition of supplying stable, domestically sourced energy.
The inaugural sale under the new law, named Big Beautiful Gulf 1, is scheduled for 10 December 2025.
The Bureau of Ocean Energy Management will issue the final notice for this sale no less than 30 days beforehand.
This planned schedule not only complies with legislative requirements but also aligns with the administration’s goals of economic growth and reducing foreign energy dependence.
