The Outer Continental Shelf Sale 210 was held in New Orleans on August 19, 2009. Sale 210 covered the WGOM Planning
Area.
Sale 210, just completed, resulted in 189 bids, by 27 companies, on 162 tracts, for a total of $145,186,365. The
total sum of apparent winning bids was $115,466,321, on approximately 0.9 million acres.
Last year, Sale 207 resulted in 423 bids, by 53 companies, on 319 tracts, for a total of $607.1 million. The total
sum of apparent winning bids was $487.3 million, on approximately 1.8 million acres.
The following table reflects preliminary sale data released by the MMS, and shows how Sale 210 compares with previous
Western Sales.
|
Western GOM Sales
|
|
Sale
Year
|
Sale
|
Tracts
Receiving Bids
|
Total Bids
|
High Bids
(millions)
|
|
2009
|
210
|
162
|
189
|
115.5
|
|
2008
|
207
|
319
|
423
|
487.3
|
|
2007
|
204
|
282
|
358
|
290.0
|
|
2006
|
200
|
381
|
541
|
340.9
|
|
2005
|
196
|
346
|
422
|
285.2
|
|
2004
|
192
|
351
|
421
|
171.4
|
|
2003
|
187
|
335
|
407
|
148.7
|
|
2002
|
184
|
323
|
391
|
151.3
|
|
2001
|
180
|
320
|
386
|
165.6
|
|
2000
|
177
|
226
|
266
|
153.7
|
|
1999
|
174
|
153
|
177
|
94.6
|
|
1998
|
171
|
402
|
486
|
553.4
|
|
1997
|
168
|
804
|
1,224
|
616.2
|
|
1996
|
161
|
617
|
929
|
356.1
|
|
1995
|
155
|
275
|
348
|
114.3
|
The big players, in
terms of number of tracts bid on, are:
·
BP Exploration & Production Inc. - 43 bids
·
Chevron U.S.A. Inc. - 30 bids
· ConocoPhillips Company - 30 bids
· Exxon
Mobil Corporation - 19 bids
·
Focus Exploration, LLC - 15 bids
In terms of total amount exposed, we have:
·
BP Exploration & Production Inc. - $52.8 million
·
Chevron U.S.A. Inc. - $24.7 million
· ConocoPhillips Company - $24.6 million
· Petrobras America Inc. - $10.0 million
· Exxon Mobil Corporation - $9.3 million
In terms of total amount of high bids, we have:
·
BP Exploration & Production Inc. - $50.6 million
· ConocoPhillips Company - $15.2 million
·
Petrobras America Inc. - $10.0 million
· Chevron U.S.A. Inc. - $9.1 million
·
Exxon Mobil Corporation - $8.6 million
