# MMA Proposes Cook Inlet Lease Sale

The Marine Minerals Administration (MMA) proposed a March 2027 offshore oil and gas lease sale covering approximately 1.05 million acres and 224 blocks in the northern Cook Inlet Planning Area of Alaska. The proposed terms set a 12.5% royalty rate. A 60-day comment period for Alaska and affected local governments begins with the Federal Register notice scheduled for October 13, 2026, giving prospective bidders time to assess the proposed terms and participate in the sale’s regulatory process.

- The proposed sale creates a potential leasing opportunity for companies interested in offshore oil and gas exploration in Cook Inlet; the acreage, block count, and royalty rate provide initial planning parameters, not final sale terms.
- Prospective bidders can review the notice and proposed terms and use the comment period to raise relevant input before the planned March 2027 sale.
- Alaska and affected local governments may submit comments during the 60-day period, which could inform the final sale terms.

**Jurisdictions:** federal
**Industries:** Energy & Utilities
**Published:** October 10, 2026

### Government Entities
- Marine Minerals Administration (MMA)
- Department of the Interior (DOI)
- State of Alaska

### Sources
- [MMA Announces Proposed Notice of Sale for Second Cook Inlet Lease Sale | Bureau of Ocean Energy Management](https://www.boem.gov/newsroom/press-releases/mma-announces-proposed-notice-sale-second-cook-inlet-lease-sale) - BOEM