Lease Sale 247

Sale Summary

Bid Summary

Tracts Bid On:	163
Total Acres Bid On:	913,542.21
Sum of High Bids:	$274,797,434
Sum of All Bids:	$315,303,884
Total Number of Bids:	189
Total Number of Bidders:	28
Number Single-Bid Tracts:	143
Number Multi-Bid Tracts:	20
Average Dollar/Acre:	$301

 

Tract Receiving Highest Bid

Highest Bid: $24,056,719
Block: AT 0064
Lease: G36064

Rank	Bidder	Interest	Bonus
1	Shell Offshore Inc.	100.00	24,056,719
2	Statoil Gulf of Mexico LLC	100.00	3,623,976
3	LLOG Exploration Offshore, L.L.C.	100.00	1,655,555

 

Tracts Receiving Most Bids

Highest Number of Bids: 5
Block: GB 1006
Lease: G36016

Rank	Bidder	Interest	Bonus
1	TOTAL E&P USA, INC.	100.00	12,600,227
2	Statoil Gulf of Mexico LLC	100.00	3,157,976
3	Cobalt International Energy, L.P.	51.00	2,470,717
	TOTAL E&P USA, INC.	49.00
4	Shell Offshore Inc.	100.00	2,250,719
5	Chevron U.S.A. Inc.	100.00	2,180,829