BarbriSFCourseDetails
  • videocam Live Webinar with Live Q&A
  • calendar_month April 9, 2026 @ 1:00 PM ET/10:00 AM PT
  • signal_cellular_alt Intermediate
  • card_travel Energy
  • schedule 90 minutes

Offshore Leasing After OBBBA: BOEM Gulf of America Program, Bid Adequacy, and Decommissioning Risk

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About the Course

Introduction

This CLE webinar will examine how offshore oil and gas leasing in the Gulf of Mexico (renamed 'Gulf of America,' by U.S. executive order, though the name persists internationally) has changed under the One Big Beautiful Bill Act (OBBBA), and what those changes mean for when lease sales occur, how bids are judged, and who is on the hook for cleanup and decommissioning costs.

Description

The panel will focus on BOEM's new Gulf leasing schedule, the regional programmatic NEPA framework and related litigation, revised bid adequacy and fair-market-value procedures, and the Risk Management and Financial Assurance rule, navigating key OBBBA provisions and examining how each affects timing, valuation, and decommissioning risk.

Listen as our panel offers practical guidance for counseling lessees, co-lessees, sureties, investors, and lenders on lease acquisition and bidding strategy, managing decommissioning and financial assurance obligations, and positioning clients for ongoing legal and policy changes in the Gulf and other OCS regions.

Presented By

Sarah Y. Dicharry
Partner
Jones Walker LLP

Ms. Dicharry is a partner in the Litigation Practice Group. She counsels energy industry clients regarding compliance with federal statutes and regulations, represents clients in administrative and judicial appeal proceedings, and represents clients in response to government-initiated enforcement actions. Ms. Dicharry is a member of the firm’s Energy, Environmental & Natural Resources Industry Team and co-chairs the oil and gas team.

Credit Information
  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, April 9, 2026

  • schedule

    1:00 PM ET/10:00 AM PT

I. How offshore leasing changed: OBBBA and the Gulf of Mexico

II. What OBBBA requires: mandated lease sales and Lease Sale 254 terms

III. Environmental guardrails: GOA Programmatic EIS, NEPA, ESA, and litigation risk

IV. Getting the lease: BOEM's fair market value and bid adequacy framework

V. Paying for the back end: decommissioning, financial assurance, and the risk rule

VI. Deals, financing, and dispute avoidance in the OBBBA era

VII. Practical to-dos and advising clients

VIII. Practitioner takeaways

The panel will review these and other key issues:

  • OBBBA's offshore leasing mandates: Gulf lease sales, fixed timelines, and reuse of Lease Sale 254 terms
  • BOEM's programmatic EIS and tiering approach: interaction with NEPA and ESA requirements
  • BOEM's updated fair-market-value and bid adequacy framework
  • Decommissioning exposure under the Risk Management and Financial Assurance rule
  • Allocating financial assurance and decommissioning risk in transactions and financings
  • Structuring contracts for NEPA/ESA and timing risk
  • Developing governance, disclosure, and board-level talking points