Talos Energy Inc., Houston, is the apparent high bidder in the Outer Continental Shelf Federal Lease Sale 257 on 10 deepwater blocks comprising 57,600 gross acres, or 36,720 net acres, for a net total consideration of about $4.8 million.
The US Bureau of Ocean Energy Management reported that its region-wide Gulf of Mexico Lease Sale 257 received 317 bids from 33 companies on 308 of the 15,148 blocks offered, resulting in a total of $191.7 million in high bids (OGJ Online, Nov. 17, 2021). The sale was held Nov. 17 in New Orleans.
Nine of the blocks are near the company's operated Green Canyon and Mississippi Canyon infrastructure, while the remaining block offsets the bp-operated Puma West discovery in which Talos partners (OGJ Online, Apr. 13, 2021).
The acquired prospect inventory includes both low risk subsea tie-backs and high impact exploration opportunities, the operator said in a Nov. 18 release.
Leases for all blocks remain subject to normal-course, formal award by the Department of the Interior.