The Bureau of Ocean Energy Management (BOEM) announced Aug. 23 that Gulf of Mexico Oil and Gas Lease Sale 261 will be held Sept. 27.

The Inflation Reduction Act of 2022 requires BOEM to hold sale 261 by September 30.

BOEM said it will publish the Final Notice of Sale (FNOS) and Record of Decision (ROD) for sale 261 in the Federal Register on Aug. 25.

Lease Sale 261 offers 12,395 blocks covering approximately 67 million acres on the U.S. Outer Continental Shelf in the Western, Central, and Eastern Planning Areas in the Gulf of Mexico.

In January, BOEM published the Final Supplemental Environmental Impact Statement for the lease sale. The lease sale terms include stipulations to mitigate potential adverse effects on protected species and to avoid potential conflicts with other maritime uses.

The FNOS, ROD, and a map of the proposed lease sale area are available at BOEM must receive all sealed bids by 10:00 a.m. Central time on Sept. 26, and bid opening begins at 9:00 a.m. Central time on Sept. 27.