Central GOM Lease Sale 213 Results

Friday, March 19, 2010

Central Gulf of Mexico Oil and Gas Lease Sale 213, held on March 17 in New Orleans, attracted $949,265,959 in high bids.  The sale was conducted by Interior’s Minerals Management Service (MMS) and had 77 companies submitting 642 bids on 468 tracts comprising over 2.4 million acres offshore Louisiana, Mississippi and Alabama. The sum of all bids received totaled $ 1,300,075,693.

“The bidding activity at today’s sale speaks to the future of deepwater Gulf in providing vital energy production for the nation,” said Lars Herbst, MMS Gulf of Mexico regional director.  “There was also an increase in interest in shallower waters that offers deep gas potential, which is encouraging.”

A total of 151 tracts in water depths less than 656 feet received bids.  This represents 32 percent of all tracts receiving bids, an increase of five percent from last year’s Central Gulf lease sale.

The highest bid received on a tract was $ 52,560,000 submitted by Anadarko E & P Company LP and Mariner Energy, Inc. for Walker Ridge, Block 793.

Each high bid on a tract will go through an evaluation process within MMS to ensure the public receives fair market value before a lease is awarded.

Sale statistics for Central Sale 213 are posted on the MMS website at:
http://www.gomr.mms.gov/homepg/lsesale/213/cgom213.html

 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Edelweiss Now Controls Bharati Shipyard

Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET.   Edelweiss now controls 70% of the Indian yard’s debts.

Offshore Operators Can Simplify Safety Equipment Logistics

Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance

Keppel Delivers Jackup to UMW-OG

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.5920 sec (2 req/sec)