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