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Lease Sale 241

Sale Summary

Bid Summary

Tracts Bid On: 128
Total Acres Bid On: 693,962.25
Sum of High Bids: $156,385,610
Sum of All Bids: $179,172,819
Total Number of Bids: 148
Total Number of Bidders: 30
Number Single-Bid Tracts: 110
Number Multi-Bid Tracts: 18
Average Dollar/Acre: $225

 

Tract Receiving Highest Bid

Highest Bid: $13,687,108
Block: MC 0434
Lease: G35824

Rank Bidder Interest Bonus
1 Chevron U.S.A. Inc. 75.00 13,687,108
  Venari Offshore LLC 25.00  
 2 Shell Offshore Inc. 100.00 1,589,624

 

Tracts Receiving Most Bids

Highest Number of Bids: 3 (on 2 blocks)

Block Lease High Bid
MC 0385 G35821 6,500,000
MC 0518 G35828 8,021,690