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.
Big Beautiful Gulf 3 Lease Sale
Watch the Big Beautiful Gulf 3 (BBG3) Oil & Gas Lease Sale beginning on 9:00 a.m. Central Time on Aug. 12, 2026
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.
