Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)
---
identifier: "/us/fr/2015-30300"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)"
title_number: 0
title_name: "Federal Register"
section_number: "2015-30300"
section_name: "Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)"
positive_law: false
currency: "2015-11-30"
last_updated: "2015-11-30"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Interior Department"
document_number: "2015-30300"
document_type: "notice"
publication_date: "2015-11-30"
agencies:
- "Interior Department"
- "Ocean Energy Management Bureau"
fr_citation: "80 FR 74797"
fr_volume: 80
docket_ids:
- "MMAA 104000"
fr_action: "Cancellation of Beaufort Lease Sale 242."
---
# Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)
**AGENCY:**
Bureau of Ocean Energy Management (BOEM), Interior.
**ACTION:**
Cancellation of Beaufort Lease Sale 242.
**SUMMARY:**
The Department of the Interior has decided to cancel Beaufort Sea Lease Sale 242, which was scheduled to occur in 2017 under the 2012-2017 OCS Oil and Gas Leasing Program. Sale 242 is being canceled due to current market conditions ( *e.g.* , low oil prices) and minimal competitive interest from industry.
**FOR FURTHER INFORMATION CONTACT:**
David Diamond, BOEM, Chief, Leasing Division, at (703) 787-1776 or *[email protected].*
Dated: November 18, 2015.
Abigail Hopper,
Director, Bureau of Ocean Energy Management.