https://www.lexco.com/sale-246/
Lease Sale 246
August 19, 2015
Western Gulf of Mexico Planning Area Lease Sale 246 was held in New Orleans on August 19, 2015. Sale 246, just completed, resulted in 33 bids, by 5 companies, on 33 tracts, for a total of $22,675,212. The total sum of apparent winning bids was $22,675,212, on approximately 0.2 million acres. The last western sale in 2014, Sale 238 resulted in 93 bids, by 14 companies, on 81 tracts, for a total of $135,463,114. The total sum of apparent winning bids was $109,951,644, on approximately 0.4 million acres.
The big players, in terms of number of tracts bid on, are:
- BHP Billiton Petroleum (Deepwater) Inc. - 26 bids
- Ecopetrol America Inc. - 4 bids
- Anadarko US Offshore Corporation - 3 bids
- Peregrine Oil & Gas II, LLC - 2 bids
In terms of total amount exposed, we have:
- BHP Billiton Petroleum (Deepwater) Inc. - $16.3 million
- Ecopetrol America Inc. - $4.0 million
- Anadarko US Offshore Corporation - $1.2 million
- BP Exploration & Production Inc. - $0.9 million
In terms of total amount of high bids, we have:
- BHP Billiton Petroleum (Deepwater) Inc. - $16.3 million
- Ecopetrol America Inc. - $4.0 million
- Anadarko US Offshore Corporation - $1.2 million
- BP Exploration & Production Inc. - $0.9 million