By OGJ editors
HOUSTON, Feb. 15 -- The US Minerals Management Service has issued the final notice for Central Gulf of Mexico Outer Continental Shelf Lease Sale 198 scheduled Mar. 15 in New Orleans.
The sale offers 4,040 blocks covering 21.3 million acres 3-210 miles off Louisiana, Mississippi, and Alabama in 4-3,400 m of water. MMS estimates the proposed lease sale could result in the production of 276-654 million bbl of oil and 1.59-3.3 tcf of natural gas (OGJ Online, Nov. 28, 2005).
