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Leslie Beyer, Assistant Secretary for Land and Minerals Management (ASLM), has stepped down from her post as the leader of the Dept of the Interior’s offshore energy programs. She was the senior official at this month’s BGG1 lease sale, and made strong remarks about the importance of the offshore oil and gas program. Ms. Beyer was confirmed by the Senate in September.

Lanny Erdos, Director, Office of Surface Mining Reclamation and Enforcement, has been named Acting ASLM.

This leaves the offshore energy program without a confirmed Asst. Secretary and with Acting Directors at both BOEM (Matthew Giacona) and BSEE (Kenny Stevens).

Lanny Erdos

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The sale was beautifully conducted by BOEM, and Leslie Beyer – Assistant Secretary for Land and Minerals Management, Dept of the Interior – and Matt Giacona, Acting BOEM Director, delivered strong messages in support of the OCS oil and gas program.

However, as a colleague commented just after the sale, it was beautiful but not big. He and I expected more given the time since the last sale and the attractive terms.

Below is a comparison with the previous 3 Gulf sales. More to follow.

Sale No.257259261BBG1
date11/17/20213/29/202312/20/202312/10/2025
companies
participating
33322630
total bids223328423161219
tracts receiving bids214324422751181
sum of all bids
$millions
198.5309.8441.9371.9
sum of high bids
($millions)
101.7263.8382.2279.4
highest bid
company
block
$10,001,252.00
Anadarko
AC 259
$15,911,947
Chevron
KC 96
$25,500,085
Anadarko
MC 389
$18,592,086
Chevron
KC 25
most high bids
company
sum ($millions)
46
bp
29.0
75
Chevron
108.0
65
Shell
69.0
50
bp
61.0
sum of high bids ($millions)
company
47.1
Chevron
108
Chevron
88.3
Hess
61.0
bp
most high bids by independent14-DG Expl.13-Beacon
13-Red Willow
22-Red Willow14-Murphy

1excludes 36 leases improperly acquired for carbon disposal purposes; 2excludes 69 leases improperly acquired for carbon disposal purposes; 3excludes 94 leases improperly acquired for carbon disposal purposes

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