NEW ORLEANS — Western Gulf of Mexico Oil and Gas Lease Sale 204, held today in New Orleans by the U.S. Department of the Interior’s Minerals Management Service (MMS), attracted $ 289,953,066 in high bids. A total of 47 companies participated in the lease sale, in which MMS received 358 bids on 282 tracts. The sum of all bids received totaled $ 369,496,840. The sale offered 3,338 tracts comprising approximately 18 million acres offshore Texas.
Read More
Tags: