Lease Sale 259

Sale Summary

Bid Summary

Tracts Bid On:	313
Total Acres Bid On:	1,676,959
Sum of High Bids:	$263,801,783
Sum of All Bids:	$309,798,397
Total Number of Bids:	353
Total Number of Bidders:	32
Number Single-Bid Tracts:	283
Number Multi-Bid Tracts:	30
Average Dollar/Acre:	$157

Tract Receiving Highest Bid

Highest Bid: $15,911,947
Block: KC 0096
Lease: G37430

Rank	Bidder	Interest	Bonus
1	Chevron U.S.A. Inc.	100.00	15,911,947
2	BP Exploration & Production Inc.	100.00	4,003,103

 

Tracts Receiving Most Bids

Highest Number of Bids: 4 
Block: MC 0386
Lease: G37473

Rank	Bidder	Interest	Bonus
1	Murphy Exploration & Production Company - USA	100.00	2,960,130
2	Kosmos Energy Gulf of Mexico Operations, LLC	100.00	2,250,119
3	Houston Energy, L.P.	65.00	1,111,111
	Beacon Offshore Energy Exploration LLC	35.00
4	BP Exploration & Production Inc.	50.00	655,155
	Anadarko US Offshore LLC	50.00