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Interior Sets Dec. 10 Debut for 'Big Beautiful Gulf' Auction, Maps 30-Plus Offshore Sales

The calendar implements the One Big Beautiful Bill Act to give companies a predictable cadence for offshore leasing.

An offshore oil rig is pictured off the coast of Huntington Beach, California, U.S., November 14, 2024.  REUTERS/Mike Blake/File Photo
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Overview

  • The program schedules 30 Gulf of America lease sales through 2040, with two each year from 2026 to 2039 and one in 2040, plus six Cook Inlet sales through 2032.
  • The first auction, “Big Beautiful Gulf 1,” is set for December 10, 2025.
  • The Bureau of Ocean Energy Management will publish a final notice at least 30 days before each sale.
  • The administration casts the plan as boosting U.S. energy and jobs, reversing Biden‑era limits on offshore leasing.
  • The Gulf supplies roughly 14–15% of U.S. crude output, and a fixed auction cadence is expected to lower project risk for offshore operators.