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Lease Sale 238

Sale Summary

Bid Summary

Tracts Bid On: 81
Total Acres Bid On: 433,822.05
Sum of High Bids: $109,951,644
Sum of All Bids: $135,463,114
Total Number of Bids: 93
Total Number of Bidders: 14
Number Single-Bid Tracts: 69
Number Multi-Bid Tracts: 12
Average Dollar/Acre: $253

 

Tract Receiving Highest Bid

Highest Bid: $16,788,800
Block: AC 0431
Lease: G35534

Rank Bidder Interest Bonus
1 ConocoPhillips Corporation 100.00 16,788,800
2 BP Exploration & Production Inc. 100.00 12,521,027

 

Tracts Receiving Most Bids

Highest Number of Bids: 2 (on 12 blocks)

Block Lease High Bid
PI 0746  G35509 721,027
AC 0215  G35525 8,539,321
AC 0258  G35528 7,439,321
AC 0260  G35529 3,339,321
AC 0431 G35534 16,788,800
AC 0801  G35546 1,151,027
AC 0889  G35554 1,351,027
AC 0890  G35555 4,406,250
AC 0891 G35556 3,106,250
AC 0902 G35561 1,750,314
AC 0934  G35565 1,506,250
AC 0935  G35566 2,806,250