The Easiest to Use Offshore Database in the Gulf of Mexico

Phone: (281) 370-4313 | E-mail: SALES@LEXCO.COM

Sale Summary

Bid Summary

Tracts Bid On:

162

Total Acres Bid On:

924,486

Sum of High Bids:

$115,466,321

Sum of All Bids:

$145,186,365

Total Number of Bids:

189

Total Number of Bidders:

27

Number Single-Bid Tracts:

139

Number Multi-Bid Tracts:

23

Average Dollar/Acre:

$124.90

 

Tract Receiving Highest Bid

Highest Bid: $28,133,843
Block: KC 0096
Lease: G33531

Rank

Bidder

Interest

Bonus

1

BP Exploration & Production Inc.

100.00

28,133,843

 2

Chevron U.S.A. Inc.

100.00

14,062,075

3

ConocoPhillips Company

100.00

7,344,000

 

Tract(s) Receiving Most Bids

Highest Number of Bids: 3 (on 4 separate blocks)

Block: HI 0131
Lease: G33409

Rank

Bidder

Interest

Bonus

1

Castex Offshore, Inc.

100.00

1,131,000

 2

LLOG Exploration Offshore, Inc.

100.00

226,000

3

McMoRan Oil & Gas LLC

100.00

167,667

 

Block: EB 0875
Lease: G33452

Rank

Bidder

Interest

Bonus

1

BP Exploration & Production Inc.

100.00

2,933,843

 2

Chevron U.S.A. Inc.

100.00

385,227

3

Exxon Mobil Corporation

100.00

355,500

 

Block: EB 0876
Lease: G33453

Rank

Bidder

Interest

Bonus

1

BP Exploration & Production Inc.

100.00

933,843

 2

Chevron U.S.A. Inc.

100.00

385,227

3

Exxon Mobil Corporation

100.00

355,500

 

Block: KC 0096
Lease: G33531

Rank

Bidder

Interest

Bonus

1

BP Exploration & Production Inc.

100.00

28,133,843

 2

Chevron U.S.A. Inc.

100.00

14,062,075

3

ConocoPhillips Company

100.00

7,344,000