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Lease Sale 251

Sale Summary

Bid Summary

Tracts Bid On: 144
Total Acres Bid On: 801,288.74
Sum of High Bids: $178,069,406
Sum of All Bids: $202,667,923
Total Number of Bids: 171
Total Number of Bidders: 29
Number Single-Bid Tracts: 124
Number Multi-Bid Tracts: 20
Average Dollar/Acre: $222

 

Tract Receiving Highest Bid

Highest Bid: $25,919,784
Block: MC 0338
Lease: G36395

Rank Bidder Interest Bonus
1 Hess Corporation 100.00 25,919,784
2 LLOG Exploration Offshore, L.L.C. 50.00 2,100,890
  Red Willow Offshore, LLC 25.00  
  Deep Gulf Energy III, LLC 25.00  

 

Tracts Receiving Most Bids

Highest Number of Bids: 4
Block: GC 0437
Lease: G36438

Rank Bidder Interest Bonus
1 Deep Gulf Energy III, LLC 100.00 1,000,213
2 Hess Corporation 100.00 890,784
3 BP Exploration & Production Inc. 100.00 753,014
4 Houston Energy, L.P. 100.00 624,624