Offshore staff
NEW ORLEANS -- The MMS has scheduled the next oil and gas lease sale in the Gulf of Mexico. Western GoM Lease Sale 207 will be held in New Orleans on Aug. 20, 2008.
The proposed lease sale encompasses about 3,400 unleased blocks covering approximately 18 million acres in the Western GoM Planning Area offshore Texas. The blocks are located from 9 to about 250 mi (14 to 402 km) offshore in water depths of 16 to more than 10,978 ft (5 to 3,347 m).
MMS estimates the proposed lease sale could result in the production of 242 to 423 MMbbl of oil and 1.64 to 2.64 tcf of natural gas.
03/25/2008
