EventOct 11, 10:20 PM

US Marine Minerals Administration announces second Cook Inlet lease sale

Marine Minerals Administration, the agency formed by the Trump administration, announced a second offshore oil and gas lease sale in Alaska’s Cook Inlet, offering roughly 1 million acres for the March 2027 auction. The sale, part of a series mandated by the "One Big Beautiful Bill Act" and following a March 2026 sale that drew no bids, is called Big Beautiful Cook Inlet 2.

Anchorage Daily News
Oct 12, 2026, 5:17 PMLatest report
Second ‘Big Beautiful’ lease sale in Alaska’s Cook Inlet planned after first sale flops(opens in a new tab)
The Trump administration announced it will hold a second offshore oil and gas lease sale in federal waters of Cook Inlet next March, offering 1 million acres under the One Big Beautiful Bill Act, despite the first sale in March drawing no bids and leaving the inlet without active leases. The Marine Minerals Administration says the sale supports domestic energy production, while environmental groups warn the effort wastes resources and threatens habitats.
Splash 247
Oct 11, 2026, 10:20 PMFirst report
US lines up second Alaska offshore lease sale(opens in a new tab)
The United States is preparing a second offshore oil and gas lease sale in Alaska’s Cook Inlet, offering about 1.05 million acres, after the first auction drew no bids earlier this year.