Energy & environment · 30/11/2015Updated: 10/17/2026 · 1 min read
Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)
Summary
The Department of the Interior has canceled Beaufort Sea Lease Sale 242, originally scheduled for 2017, due to low oil prices and lack of industry interest, as part of the 2012-2017 OCS Oil and Gas Leasing Program.