Behold 'One Big Beautiful Bill Act' Oil Lease Sale in Alaska
Published Date: 10/13/2026
Notice
Summary
The Bureau of Ocean Energy Management is rolling out the proposed plan for the Cook Inlet Outer Continental Shelf oil and gas lease sale, called One Big Beautiful Bill Act Lease Sale 2. This affects local and state leaders who can comment on the sale’s size, timing, and location by December 14, 2026. Bidding kicks off March 3, 2027, with details on costs and rules set to guide the process.
Analyzed Economic Effects
5 provisions identified: 4 benefits, 1 costs, 0 mixed.
Proposed NOS Lists Financial Terms
The Proposed Notice of Sale describes lease stipulations, terms and conditions, minimum bids, royalty rates, and rental rates as required by Section 50102 of the One Big Beautiful Bill Act. These items are included in the Proposed NOS package provided to potential bidders.
State and Local Officials' Comment Window
State Governors and executives of affected local governments may review and submit comments on the sale’s size, timing, and location. Those comments must be submitted to BOEM no later than December 14, 2026.
Bid Opening Date Set
BOEM has scheduled the bid opening for this Cook Inlet lease sale on March 3, 2027. The Final Notice of Sale will be published at least 30 days before that bid opening.
Where to Get Sale Documents
The Proposed Notice of Sale and the Proposed NOS Package are available from BOEM's Alaska Region Leasing Section at 3801 Centerpoint Drive, Suite 500, Anchorage, AK 99503 and online at http://www.boem.gov/ak-bbc2/. The Leasing Section phone number is 907-334-5200.
Final NOS Publication Timing
BOEM will publish the Final Notice of Sale in the Federal Register at least 30 days before the scheduled bid opening. With the current bid opening date of March 3, 2027, the Final NOS will be published no later than 30 days before that date.
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Key Dates
Department and Agencies
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