Final notice issued for Western GoM Lease Sale 207
July 18, 2008
The MMS will hold the next federal offshore oil and gas lease sale for the Gulf of Mexico on Aug. 20, 2008, at the Royal Sonesta Hotel in downtown New Orleans.
Offshore staff
NEW ORLEANS -- The MMS will hold the next federal offshore oil and gas lease sale for the Gulf of Mexico on Aug. 20, 2008, at the Royal Sonesta Hotel in downtown New Orleans.
Sale 207 encompasses about 3,400 unleased blocks covering approximately 18 million acres in the GoM Western Planning Area offshore Texas. The blocks are located from 9 to about 250 mi (1.6 to 402 km) offshore in water depths of 16 to more than 10,978 ft (4 to 3,346 m).
MMS estimates the proposed lease sale could result in the production of 242-423 MMbbl of oil and 1.64-2.64 tcf of natural gas.
Terms and conditions for Sale 207 are fully outlined in the Final Notice of Sale information package. The FNOS and information packages are posted on the MMS Website http://www.gomr.mms.gov/homepg/lsesale/207/wgom207.html
