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:

320

Total Acres Bid On:

1,722,191

Sum of High Bids:

$1,214,675,536

Sum of All Bids:

$1,595,397,446

Total Number of Bids:

407

Total Number of Bidders:

52

Number Single-Bid Tracts:

262

Number Multi-Bid Tracts:

58

Average Dollar/Acre:

$705

 

Tract Receiving Highest Bid

Highest Bid: $81,787,999
Block: WR 0271
Lease: G35080

Rank

Bidder

Interest (%)

Bonus ($)

1

Statoil Gulf of Mexico LLC

66.67

81,787,999

 

Samson Offshore, LLC

33.33

 

2

Shell Offshore Inc.

100.00

17,545,960

 

Tract Receiving Most Bids

Highest Number of Bids: 6

Block: WR 0187
Lease: G35077

Rank

Bidder

Interest (%)

Bonus ($)

1

Venari Offshore LLC

100.00

45,508,212

2

Anadarko US Offshore Corporation

100.00

43,585,920

3

ConocoPhillips Company

100.00

7,000,000

4

Exxon Mobil Corporation

100.00

3,250,635

5

Cobalt International Energy, L.P.

60.00

1,688,825

 

TOTAL E&P USA, INC.

40.00

 

6

Chevron U.S.A. Inc.

100.00

1,351,402