MMS PLANS TWO GULF SALES IN 1994

The Minerals Management Service has outlined plans for a Central Gulf of Mexico lease sale in March 1994 and a western Gulf sale in August 1994. Both will be held in New Orleans. The Central Gulf Sale, No. 147, will offer 5,443 blocks covering 29.3 million acres 3-220 miles offshore in 43,425 m of water. MMS estimated the tracts hold recoverable resources of 1.21 tcf of gas and 120 million bbl of oil.

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