Offshore staff
NEW ORLEANS -- The MMS has accepted bids valued at $2,829,926,881 and awarded 683 leases in Central Gulf of Mexico oil and gas Lease Sale 205.
Eighty-four companies submitted 1,428 bids on 723 tracts in the sale, held in October, 2007. The total for high bids submitted on all tracts was $2,904,321,011.
The highest bid accepted on a tract was $90,488,445 made by Shell Offshore Inc. for Walker Ridge block 7 in 5,240 – 6,562 ft (1,600 – 2,000 m) of water. This tract received 13 bids.
03/03/2008
