Welligence US Gulf of America Licensing | The next GoM lease sale – will it be Big and Beautiful?

November 20, 2025

The upcoming US GoM lease sale is expected to draw significant interest as operators prepare for the first round in two years. Companies are expected to target deepwater areas with focused bidding supported by lower royalties and a clearer schedule of rolling lease sales. The note outlines why incumbents and potential new entrants see this round as a strategic opportunity to rebuild exploration portfolios.