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The first federal lease sale offshore Florida was in 1959. In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. [28]
In 1994 the California legislature codified the ban on new leases by passing the California Coastal Sanctuary Act, which prohibited new leasing of state offshore tracts. The federal government has had no new lease sales for offshore California since 1982. Offshore drilling has continued from existing platforms in state and federal waters.
Eugene Island block 330 oil field is an oil field in the United States Exclusive Economic Zone in the Gulf of Mexico. It is located 170 miles (270 km) southwest of New Orleans , 70–85 miles (113–137 km) off the Louisiana coast comprising six and a half leased blocks: Eugene Island 313, 314 south, 330, 331, 332, 337 and 338.
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The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S ...
“In 2023, nearly $100 billion of U.S. goods and services were purchased by the oil and natural gas sector in Texas coastal counties, 30% of which occurred within the region.” ...
In October 2021, the Biden administration approved the initiation of mapping out potential lease areas along the Pacific and Gulf of Mexico coasts. [70] In March 2022, five areas off the coast of California were defined for lease. [71] An auction in December 2022 leased the areas for a total of $757 million. [72]
There is more than 16 GW of capacity planned for the Atlantic Coast. The map at right shows leases executed by the Bureau of Ocean Energy Management for the outer continental shelf off the Massachusetts and Rhode Island coasts, the first offshore wind energy area to be opened for auction, in 2014 (lease assignments as of 2022).