MMA Proposes Fourth Gulf of America Offshore Lease Sale BBG4
The Marine Minerals Administration (MMA) has proposed BBG4, an offshore lease sale for 15,104 unleased blocks covering 80.4 million acres. This sale, set for March 2027, comes with a proposed 12.5% royalty rate, creating significant opportunities for energy companies to participate and prepare bids during the 60-day comment period.