Lease Sale 206
Sale Summary

Bid Summary

Tracts Bid On:	615
Total Acres Bid On:	3,323,048
Sum of High Bids:	$3,677,688,245
Sum of All Bids:	$5,740,047,263
Total Number of Bids:	1,057
Total Number of Bidders:	85
Number Single-Bid Tracts:	392
Number Multi-Bid Tracts:	223
Average Dollar/Acre:	$1,107

 

Tract Receiving Highest Bid

Highest Bid: $105,600,789
Block: GC 0432
Lease: G32504

Rank	Bidder	Interest	Bonus
1	Anadarko E&P Company LP	33.33	105,600,789
	Murphy Exploration & Production Company - USA	33.33
	Samson Offshore Company	33.33
2	Marathon Oil Company	100.00	22,533,280
3	Eni Petroleum US LLC	80.00
	Stone Energy Corporation	20.00	5,155,507

 

Tract(s) Receiving Most Bids

Highest Number of Bids: 10 (on 2 separate blocks)

Block: GC 0944
Lease: G32546

Rank	Bidder	Interest	Bonus
1	Chevron U.S.A. Inc.	100.00	55,053,032
2	Devon Energy Production Company, L.P.	50.00	26,500,500
	Petrobras America Inc.	50.00
3	LLOG Exploration Offshore, Inc.	33.33	18,650,206
	Noble Energy, Inc.	33.33
	Mariner Energy, Inc.	33.33
4	ConocoPhillips Company	100.00	13,498,800
5	Eni Petroleum US LLC	60.00	12,328,888
	Newfield Exploration Company	20.00
	Stone Energy Corporation	20.00
6	Plains Exploration & Production Company	100.00	7,556,000
7	Shell Offshore Inc.	100.00	1,102,377
8	Cobalt International Energy, L.P.	100.00	740,770
9	Repsol E&P USA Inc.	100.00	696,100
10	Exxon Mobil Corporation	100.00	547,500

Block: GC 0945
Lease: G32547

Rank	Bidder	Interest	Bonus
1	Chevron U.S.A. Inc.	100.00	81,063,073
2	Devon Energy Production Company, L.P.	50.00	22,500,500
	Petrobras America Inc.	50.00
3	Eni Petroleum US LLC	60.00	16,223,132
	Newfield Exploration Company	20.00
	Stone Energy Corporation	20.00
4	ConocoPhillips Company	100.00	9,929,030
5	Plains Exploration & Production Company	100.00	5,665,000
6	Cobalt International Energy, L.P.	100.00	2,018,889
7	Repsol E&P USA Inc.	100.00	696,000
8	Shell Offshore Inc.	100.00	584,377
9	Exxon Mobil Corporation	100.00	547,500
10	BP Exploration & Production	100.00	513,428