MMS slates two Gulf of Mexico lease sales in August

07/30/2001
The US Minerals Management Service issued notice July 23 for two Gulf of Mexico lease sales to be held concurrently Aug. 22 in New Orleans.They are Sale 180, which will offer 4,114 western gulf tracts, and Part 2 of central gulf Sale 178, which will offer 53 tracts in the area known as the "Western Gap." The 53 blocks are in an area delineated by a new US-Mexico boundary agreement. Part 1 of Sale 178 was held in March (OGJ, Apr. 9, 2001, p. 36).Sale 180 will cover 22.37 million acres off Texas and Louisiana. The blocks are 9-250 miles offshore in 8-3,000 m of water. Sale 180 includes 258 Western Gap blocks.MMS estimates the areas contain undiscovered, economically recoverable hydrocarbons...
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