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  1. #1 GoM lease sale complete 
    Ancient Fire Breather Retread's Avatar
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    https://www.epmag.com/us-gom-lease-s...NkJuS3Y4In0%3D

    Preliminary statistics released by the U.S. Bureau of Ocean Energy Management (BOEM) showed Lease Sale 250, which offered drilling rights to nearly 77 million acres in the Gulf of Mexico (GoM), attracted about $124.8 million in high bids from 33 companies.

    In all, companies placed 159 bids on 148 blocks. That equates to only 1% of the 14,431 blocks made available. By comparison, the Gulf-wide lease sale in August 2017 attracted 99 bids for 90 blocks from 27 companies, bringing in more than $121.1 million in high bids.
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  2. #2  
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    GREAT, drill that oil, drill here, drill now
    Don
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    Conservative, Constitutionalist, Capitalist, Christian. I speak: John Wayne, Johnny Cash and John Deere...
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  3. #3  
    Ancient Fire Breather Retread's Avatar
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    Further results from the lease sale

    https://www.spe.org/en/jpt/jpt-artic...N2piaEtkIn0%3D

    The largest lease sale in the history of the US Gulf of Mexico (GOM) drew a lukewarm response from industry bidders, as a small percentage of available blocks received winning bids well below past price averages.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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