Lease Sale 238
Sale Summary
Bid Summary
| Tracts Bid On: | 81 |
| Total Acres Bid On: | 433,822.05 |
| Sum of High Bids: | $109,951,644 |
| Sum of All Bids: | $135,463,114 |
| Total Number of Bids: | 93 |
| Total Number of Bidders: | 14 |
| Number Single-Bid Tracts: | 69 |
| Number Multi-Bid Tracts: | 12 |
| Average Dollar/Acre: | $253 |
Tract Receiving Highest Bid
Highest Bid: $16,788,800
Block: AC 0431
Lease: G35534
| Rank | Bidder | Interest | Bonus |
| 1 | ConocoPhillips Corporation | 100.00 | 16,788,800 |
| 2 | BP Exploration & Production Inc. | 100.00 | 12,521,027 |
Tracts Receiving Most Bids
Highest Number of Bids: 2 (on 12 blocks)
| Block | Lease | High Bid |
| PI 0746 | G35509 | 721,027 |
| AC 0215 | G35525 | 8,539,321 |
| AC 0258 | G35528 | 7,439,321 |
| AC 0260 | G35529 | 3,339,321 |
| AC 0431 | G35534 | 16,788,800 |
| AC 0801 | G35546 | 1,151,027 |
| AC 0889 | G35554 | 1,351,027 |
| AC 0890 | G35555 | 4,406,250 |
| AC 0891 | G35556 | 3,106,250 |
| AC 0902 | G35561 | 1,750,314 |
| AC 0934 | G35565 | 1,506,250 |
| AC 0935 | G35566 | 2,806,250 |