President's FY 2025 Budget Request for the Bureau of Ocean Energy Management, the Bureau of Safety and Environmental Enforcement, and the Office of Natural Resources Revenue

House Natural Resources Committee
   Energy and Mineral Resources Subcommittee
1324 Longworth

23/05/2024 at 10:00AM

On Thursday, May 23, 2024, at 10:00 a.m., in Room 1324 Longworth House Office Building, the Committee on Natural Resources, Subcommittee on Energy and Mineral Resources will hold an oversight hearing titled “Examining the President’s FY 2025 Budget Request for the Bureau of Ocean Energy Management, the Bureau of Safety and Environmental Enforcement, and the Office of Natural Resources Revenue.”

Hearing memo

Witnesses:

  • Liz Klein, Director, Bureau of Ocean Energy Management
  • Kevin Sligh, Director, Bureau of Safety and Environmental Enforcement
  • Howard Cantor, Director, Office of Natural Resources Revenue

The FY 2025 President’s Budget allocates $242 million to BOEM, including $52 million for BOEM’s Renewable Energy Program, $67.5 million for the Conventional Energy Program, $14.8 million for the Marine Minerals Program, and $86.7 million for Environmental Programs.

The Budget allocates $252.6 million to the BSEE. The Budget includes $12.0 million to plug and abandon orphaned wells on the OCS and remove orphaned pipelines and other infrastructure from the seabed, $12.6 million to support offshore wind projects, $15.1 million for oil spill research, and $1.5 million to hire additional personnel to establish a programmatic framework for offshore carbon sequestration.