30 CFR 556.309 - Does BOEM offer blocks in a sale that is not on the Five Year program schedule (called a Supplemental Sale)?

Regulations last checked for updates: May 17, 2024

Title 30 - Mineral Resources last revised: May 15, 2024

View all text of Subpart C [§ 556.300 - § 556.309]

§ 556.309 - Does BOEM offer blocks in a sale that is not on the Five Year program schedule (called a Supplemental Sale)?

(a) Except as provided in paragraph (c) of this section, BOEM may offer a block within a planning area included in the Five Year program in an otherwise unscheduled sale, if the block:

(1) Received a bid that was rejected in an earlier sale;

(2) Had a high bid that was forfeited in a scheduled sale; or

(3) Is a development block subject to drainage.

(b) For an unscheduled sale, BOEM may disclose the classification of the block as a development block.

(c) Blocks in the Central or Western Gulf of Mexico Planning Areas cannot be offered in a sale that is not on the schedule.

authority: 30 U.S.C. 1701 note, 30 U.S.C. 1711,31.S.C. 9701, 42 U.S.C. 6213,43.S.C. 1331 note, 43 U.S.C. 1334,43.S.C. 1801-1802

source: 81 FR 18152, Mar. 30, 2016, unless otherwise noted.

cite as: 30 CFR 556.309