BOEM outlines GoM lease sale results

The Bureau of Ocean Energy Management, Gulf Coast Region, has released the Sale Day Statistics for OCS sale 218 involving the western Gulf of Mexico.

Dec 14th, 2011

Offshore staff

NEW ORLEANS – The Bureau of Ocean Energy Management, Gulf Coast Region, has released the Sale Day Statistics for OCS sale 218 involving the western Gulf of Mexico. This is the first such sale since the Macondo incident.

Twenty companies placed 241 bids on 191 of the total of 3,913 blocks offered. The sum of the high bids was $337,688,341.

The Top 10 single highest bids are as follows:
1. ConocoPhillips Co., Keathley Canyon 95, $103,200,000
2. Maersk Oil Gulf of Mexico Two LLC, Garden Banks 537, $8,640,816
3. Maersk Oil Gulf of Mexico Two LLC, Garden Banks 582, $8,640,816
4. Anadarko US Offshore Corp., East Breaks 637, $8,294,880
5. Maersk Oil Gulf of Mexico Two LLC, Garden Banks 530, $7,777,816
6. Exxon Mobil Corp., East Breaks 772, $7,750,535
7. BP Exploration & Production Inc., Keathley Canyon 441, $7,122,619
8. BP Exploration & Production Inc., Keathley Canyon 397, $5,692,619
9. BP Exploration & Production Inc., Keathley Canyon 7, $4,912,619
10.Exxon Mobil Corp., Alaminos Canyon 612, $4,750,535.

The Top 10 companies based on total number of high bids are as follows:
1. ConocoPhillips Co., 75 bids, $157,816,740
2. Exxon Mobil Corp. 50 bids, $63,293,750
3. Maersk Oil Gulf of Mexico Two LLC, 12 bids, $36,010,792
4. BP Exploration & Production Inc., 11 bids, $27,458,809
5. Plains Exploration & Production Co., 10 bids, $12,870,000
6. Anadarko US Offshore Corp., 7 bids, $19,317,210
7. Ecopetrol America Inc., 7 bids, $6,000,000
8. Shell Offshore Inc. 3 bids, $4,951,858
9. Apache Corp., 3 bids, $1,693,927
10. Castex Offshore Inc., 2 bids, $4,200,000.

12/14/2011

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