Lease Sale 254
Sale Summary
Bid Summary
| Tracts Bid On: | 71 |
| Total Acres Bid On: | 397,285.73 |
| Sum of High Bids: | $93,083,453 |
| Sum of All Bids: | $108,587,185 |
| Total Number of Bids: | 84 |
| Total Number of Bidders: | 22 |
| Number Single-Bid Tracts: | 58 |
| Number Multi-Bid Tracts: | 13 |
| Average Dollar/Acre: | $234 |
Tract Receiving Highest Bid
Highest Bid: $11,114,050
Block: GC 0080
Lease: G36896
| Rank | Bidder | Interest | Bonus |
| 1 | BHP Billiton Petroleum (Deepwater) Inc. | 100.00 | 11,114,050 |
| 2 | Shell Offshore Inc. | 100.00 | 2,402,610 |
Tracts Receiving Most Bids
Highest Number of Bids: 2 (on 13 blocks)