Lease Sale 250

Sale Summary

Bid Summary

Tracts Bid On:	148
Total Acres Bid On:	815,403.76
Sum of High Bids:	$124,763,581
Sum of All Bids:	$139,122,383
Total Number of Bids:	159
Total Number of Bidders:	33
Number Single-Bid Tracts:	138
Number Multi-Bid Tracts:	10
Average Dollar/Acre:	$153

 

Tract Receiving Highest Bid

Highest Bid: $7,000,728
Block: MC 0697
Lease: G36256

Rank	Bidder	Interest	Bonus
1	TOTAL E&P USA, INC.	100.00	7,000,728
2	Chevron U.S.A. Inc.	100.00	4,240,226

 

Tracts Receiving Most Bids

Highest Number of Bids: 3
Block: MC 0509
Lease: G36250

Rank	Bidder	Interest	Bonus
1	LLOG Exploration Offshore, L.L.C.	100.00	4,133,333
2	Hess Corporation	100.00	2,500,889
3	Chevron U.S.A. Inc.	100.00	1,402,624