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Lease Sale 256

Sale Summary

Bid Summary

Tracts Bid On: 93
Total Acres Bid On: 517,732.88
Sum of High Bids: $120,868,274
Sum of All Bids: $135,558,336
Total Number of Bids: 105
Total Number of Bidders: 23
Number Single-Bid Tracts: 84
Number Multi-Bid Tracts: 9
Average Dollar/Acre: $233

Tract Receiving Highest Bid

Highest Bid: $11,999,979
Block: WR 0365
Lease: G37019

Rank Bidder Interest Bonus
1 Equinor Gulf of Mexico LLC 80.00 11,999,979
  Repsol E&P USA Inc. 20.00  
2 Chevron U.S.A. Inc. 100.00 1,846,932

Tracts Receiving Most Bids

Highest Number of Bids: 4
Block: MC 0426
Lease: G36958

Rank Bidder Interest Bonus
1 BP Exploration & Production Inc. 100.00 1,500,311
2 Beacon Offshore Energy Exploration LLC 35.50 1,363,101
  Ridgewood Energy Corporation 26.50  
  Red Willow Offshore, LLC 16.00  
  CSL Exploration, LP 16.00  
  Houston Energy, L.P. 6.00  
3 Chevron U.S.A. Inc. 100.00 773,777
4 Anadarko US Offshore LLC 100.00 753,215