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Lease Sale 261

Sale Summary

Bid Summary

Tracts Bid On: 311 
Total Acres Bid On: 1,728,344 
Sum of High Bids: $382,168,507 
Sum of All Bids: $441,896,332 
Total Number of Bids: 352 
Total Number of Bidders: 26 
Number Single-Bid Tracts: 277 
Number Multi-Bid Tracts: 34 
Average Dollar/Acre: $221 

Tract Receiving Highest Bid

Highest Bid: $25,500,085
Block: MC 0389
Lease: G37755

Rank Bidder Interest Bonus
1 Anadarko US Offshore LLC 100.00  25,500,085
2 LLOG Exploration Offshore, L.L.C. 100.00  1,876,000
3 BP Exploration & Production Inc. 100.00 1,158,700
4 Hess Corporation 100.00 1,008,411
5 Shell Offshore Inc. 100.00 803,628

 

Tracts Receiving Most Bids

Highest Number of Bids:
Block: MC 0389
Lease: G37755

Rank Bidder Interest Bonus
 1 Anadarko US Offshore LLC 100.00  25,500,085
2 LLOG Exploration Offshore, L.L.C. 100.00  1,876,000
3 BP Exploration & Production Inc. 100.00 1,158,700
 4 Hess Corporation 100.00 1,008,411 
5 Shell Offshore Inc. 100.00 803,628