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:

468

Total Acres Bid On:

2,484,107

Sum of High Bids:

$949,265,959

Sum of All Bids:

$1,300,075,693

Total Number of Bids:

642

Total Number of Bidders:

77

Number Single-Bid Tracts:

349

Number Multi-Bid Tracts:

119

Average Dollar/Acre:

$382

 

Tract Receiving Highest Bid

Highest Bid: $52,560,000
Block: WR 0793
Lease: G33982

Rank

Bidder

Interest

Bonus

1

Anadarko E&P Company LP

66.67

52,560,000

 

Mariner Energy

33.33

 

 

Tract Receiving Most Bids

Highest Number of Bids: 6 (on 3 separate blocks)

Block: KC 0062
Lease: G33889

Rank

Bidder

Interest

Bonus

1

Mariner Energy, Inc.

100.00

4,277,000

 2

Marathon Oil Company

100.00

2,024,024

 3

Plains Exploration & Production Company

100.00

1,255,680

4

Shell Offshore Inc.

100.00

1,102,718

5

Maersk Oil Gulf of Mexico Two LLC

100.00

811,119

6

Repsol E&P USA Inc.

100.00

400,732

 

Block: KC 0076
Lease: G33890

Rank

Bidder

Interest

Bonus

1

Statoil Gulf of Mexico LLC

100.00

7,018,017

 2

Chevron U.S.A. Inc.

100.00

3,784,232

 3

Marathon Oil Company

100.00

1,752,835

 4

Mariner Energy, Inc.

100.00

760,000

5

Samson Offshore Company

100.00

675,116

6

Shell Offshore Inc.

100.00

252,718

 

Block: KC 0077
Lease: G33891

Rank

Bidder

Interest

Bonus

1

Chevron U.S.A. Inc.

100.00

35,601,223

 2

Cobalt International Energy, L.P.

60.00

25,615,800

 

TOTAL E&P USA, INC.

40.00

 

3

Statoil Gulf of Mexico LLC

100.00

12,097,777

4

Marathon Oil Company

100.00

2,250,716

5

Samson Offshore Company

100.00

1,111,161

6

Shell Offshore Inc.

100.00

602,718