Two-decade high for Gulf sale
Central Gulf of Mexico oil and gas lease sale draws record $3.67B in high bids
For Petroleum News
Bidders went on the mother of all shopping sprees at the Central Gulf of Mexico Lease Sale 206 on March 19, shelling out a record $3.67 billion in apparent high bids on 615 oil and gas exploration tracts. They even managed to outspend, by a huge margin, last year’s $2.8 billion extravaganza, at the....
[additional news subjects in this story]
Price, newly available tracts
Highly competitive sale
Hess biggest spender
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