Alaska Coastal Plain Oil Lease Sale Scheduled for June 2026
Published Date: 4/20/2026
Notice
Summary
The Bureau of Land Management is holding a big oil and gas lease sale for at least 400,000 acres in Alaska’s Coastal Plain on June 5, 2026. Companies wanting to bid must send their sealed offers by June 3. This sale kicks off a series of lease sales planned over the next decade to tap into Alaska’s natural resources and boost energy development.
Analyzed Economic Effects
5 provisions identified: 3 benefits, 2 costs, 0 mixed.
Massive 400,000‑Acre Lease Sale
The Bureau of Land Management will offer no less than 400,000 acres in the Coastal Plain for oil and gas leasing with a bid opening at 10 a.m. (AKDT) on June 5, 2026. Companies can compete to win leases on these tracts under terms set by the BLM.
Four Large Lease Sales Over Ten Years
Section 50104 of Public Law 119-21 requires four lease sales of at least 400,000 acres each in the Coastal Plain over the next ten years, with an initial lease sale no later than July 4, 2026. This sale is the initial action in that multi-sale program.
Sealed Bid Deadline and Submission Rules
All sealed bids for the sale must be received by 4 p.m. (AKDT) on June 3, 2026 at the BLM-Alaska State Office in Anchorage. The Detailed Statement of Sale explains required bid sealing procedures and how to submit bids.
Government May Withdraw Tracts Before Acceptance
The United States reserves the right to withdraw any tract from this sale before issuing a written acceptance of a bid. Bidders face the risk that offered tracts could be removed prior to final award.
Public Live Stream of Bid Opening
The opening and reading of bids on June 5, 2026 will be available for online public viewing via video livestream at http://www.blm.gov/live. Members of the public can watch the bid opening in real time.
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