2015-30300. Cancellation of Oil and Gas Lease Sale 242 in the Beaufort Sea Planning Area on the Outer Continental Shelf (OCS)  

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    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.

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    FOR FURTHER INFORMATION CONTACT:

    David Diamond, BOEM, Chief, Leasing Division, at (703) 787-1776 or david.diamond@boem.gov.

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    Dated: November 18, 2015.

    Abigail Hopper,

    Director, Bureau of Ocean Energy Management.

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    [FR Doc. 2015-30300 Filed 11-27-15; 8:45 am]

    BILLING CODE 4310-MR-P