ARTICLE
2 March 2026

Gulf Oil & Gas Lease Sales Move Forward

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Jones Walker

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At Jones Walker, we look beyond today’s challenges and focus on the opportunities of the future. Since our founding in May 1937 by Joseph Merrick Jones, Sr., and Tulane Law School graduates William B. Dreux and A.J. Waechter, we have consistently asked ourselves a simple question: What can we do to help our clients succeed, today and tomorrow?
BOEM has announced "Big Beautiful Gulf 3," the third of thirty offshore oil and gas lease sales mandated by the One Big Beautiful Bill Act, scheduled for August 12, 2026.
United States Energy and Natural Resources
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BOEM has announced "Big Beautiful Gulf 3," the third of thirty offshore oil and gas lease sales mandated by the One Big Beautiful Bill Act, scheduled for August 12, 2026. The sale would offer approximately 15,066 blocks covering 80.4 million acres in the Gulf of America, ranging from 3 to 231 miles offshore in water depths up to 11,100 feet. The sale is part of the Trump administration's stated commitment to establishing a predictable leasing schedule and expanding domestic energy production.

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