This sale is the third of thirty Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act. By committing to a predictable sale schedule, the Department is delivering on President Trump’s promise to expand American energy production and strengthen U.S. Energy Dominance.
What’s New?
On August 12, 2026, MMA held Lease Sale BBG3. The sale generated $82,689,756 in high bids for 59 blocks across approximately 330,150 acres in federal waters of the Gulf of America. Sixteen companies submitted 69 bids totaling $99,476,285.
