Proposed Notice of Sale Issued for Western Gulf of Mexico OCS Sale 174

Wednesday, August 25, 1999
The U.S. Department of the Interior's Minerals Management Service (MMS) is making available the Proposed Notice of Sale for Western Gulf of Mexico (GOM) Sale 174. The sale is scheduled for August 25, 1999, in New Orleans. Sale 174 encompasses 3,642 unleased blocks, about 19.81 million acres, in the Western GOM Outer Continental Shelf Planning Area offshore Texas and in deeper waters offshore Louisiana. The blocks are located from nine to 200 miles offshore in water depths ranging from 26 ft. to more than 9,840 ft. There are 2,120 blocks in water depths of 656 ft. or more. This is the fourth sale in the Western Gulf of Mexico, and the seventh sale overall, in which blocks receiving bids in water depths of 656 ft. or more are eligible for consideration under provisions of the Deep Water Royalty Relief Act. The Proposed Notice of Sale offers all blocks in water depths of less 2,625 ft. for a minimum bid of $25 per acre. The minimum bid on blocks in water depths of 2,625 ft. or deeper has been changed to $37.50 per acre. The Proposed Notice of Sale will be posted on the MMS Website at In addition, copies of the document are available from MMS's Gulf of Mexico Regional Office, Public Information Unit, 1201 Elmwood Park Boulevard, New Orleans, La. 70123 tel: 504-736-2519; toll free 800-200-GULF.
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


White House Issues Veto Threat for US House Oil Export Bill

The White House issued a veto threat on Wednesday for a U.S. House of Representatives bill that would lift a ban on crude oil exports, saying the legislation was "not needed at this time.

HMAS Melbourne Intercepts 427kg Heroin

HMAS Melbourne’s crew has seized 427 kilograms of heroin hidden in a fishing dhow carrying the illegal drugs across the Indian Ocean. The intercept occurred

Xerox, MHI Ink ITS Project Deal

Today, at the ITS World Congress and Exhibition, Xerox and Mitsubishi Heavy Industries (MHI), both leaders in transportation solutions, signed a Memorandum of Understanding to explore,


SBM Offshore Says Petrobras Discussions Ongoing

Floating production services provider SBM Offshore responded to media reports of a potential settlement with Petrobras regarding tenders in Brazil, stating the

Shell Starts Bonga Phase 3 in Nigeria

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) announced the start-up of production from the Bonga Phase 3 project.   Bonga Phase 3 is an expansion of the Bonga Main development,

Workers Evacuated After Gas Leak at Mexico Platform

Mexico's state-owned oil company Pemex said on Tuesday that it was working to control a gas leak at the Sihil A platform in the Gulf of Mexico.   Eighty-five workers have been evacuated,

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction 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: 0.1431 sec (7 req/sec)