The Easiest to Use Offshore Database in the Gulf of Mexico

Phone: (281) 370-4313 | E-mail: SALES@LEXCO.COM

Sale Summary

Bid Summary

Tracts Bid On:

454

Total Acres Bid On:

2,402,919

Sum of High Bids:

$1,704,500,995

Sum of All Bids:

$2,602,563,726

Total Number of Bids:

593

Total Number of Bidders:

56

Number Single-Bid Tracts:

364

Number Multi-Bid Tracts:

229

Average Dollar/Acre:

$709

 

Tract Receiving Highest Bid

Highest Bid: $157,111,000
Block: MC 0718
Lease: G34456

Rank

Bidder

Interest

Bonus

1

Statoil Gulf of Mexico LLC

100.00

157,111,000

2

LLOG Exploration Offshore, L.L.C.

100.00

28,207,777

3

Shell Offshore Inc.

100.00

6,100,315

4

BP Exploration & Production Inc.

100.00

3,564,812

 

Tract Receiving Most Bids

Highest Number of Bids: 7

Block: MC 0162
Lease: G34426

Rank

Bidder

Interest

Bonus

1

Chevron U.S.A. Inc.

100.00

51,231,129

2

Noble Energy, Inc.

70.00

40,745,500

 

Venari Resources LLC

30.00

 

3

ConocoPhillips Company

60.00

23,095,025

 

Stone Energy Offshore, L.L.C.

40.00

 

4

Houston Energy, L.P.

52.50

15,275,777

 

Red Willow Offshore, LLC

47.50

 

5

Samson Offshore, LLC

100.00

3,218,007

6

LLOG Exploration Offshore, L.L.C.

100.00

1,707,777

7

Murphy Exploration & Production Company - USA

50.00

622,102

 

Ecopetrol America Inc.

50.00