Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:
Western GOM lease sale attracts $115 million in apparent high bids
08/24/2009
Apparent high bids totaling more than $115 million were offered for 162 tracts in the Western Gulf of Mexico during Lease Sale 210, reported the US Department of the Interior's Minerals Management Service Aug. 19 in New Orleans.MMS received 189 bids totaling just over $145 million from 27 companies at the sale. This compares with 423 bids received totaling $607 million from 53 companies at the last western gulf sale (OGJ, Aug. 25, 2008, p. 30).The ultradeep water was a big draw at the sale. Of the tracts receiving bids, 94 blocks were in 800-1,600 m of water, 10 were in 1,600-2,000 m of water, and 16 were in more than 2,000 m of water.This latest sale offered 3,435 blocks covering more th...
Why Register?
Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.
Why Subscribe?
Subscriber Help or Subscribe
Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.
If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.
