MMS SCHEDULES AUGUST 1992 GULF LEASE SALE

The U.S. Minerals Management Service has proposed terms for an August 1992 western Gulf of Mexico lease sale. Sale 141 is to be the first under the new 5 year (1992-97) offshore leasing schedule. Under the old schedule, MMS plans to conduct a western Gulf Sale, No. 135, this August in New Orleans. The 1992 sale is to offer all unleased blocks in the western gulf planning area. That covers 4,270 tracts totaling 23.5 million acres off Texas and Louisiana. The tracts lie 9-222 miles offshore in

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