Lease Sale BBG1

Sale Summary

Bid Summary

Tracts Bid On:	181
Total Acres Bid On:	1,023,526
Sum of High Bids:	$300,425,222
Sum of All Bids:	$371,881,093
Total Number of Bids:	219
Total Number of Bidders:	30
Number Single-Bid Tracts:	151
Number Multi-Bid Tracts:	30
Average Dollar/Acre:	$294

Tract Receiving Highest Bid

Highest Bid: $18,592,086
Block: KC 0025
Lease: G38096

Rank	Bidder	Interest	Bonus
1	Chevron U.S.A. Inc.	100.00	18,592,086
2	BP Exploration & Production Inc.	100.00	11,507,770
3	Shell Offshore Inc.	100.00	753,029

 

Tracts Receiving Most Bids

Highest Number of Bids: 3 (on 8 tracts)

Block	Lease	Bonus
EB 0634	G37973	769,529
GC 0185	G38055	4,057,770
GC 0451	G38072	5,207,770
KC 0025	G38096	18,592,086
MC 0345	G38009	8,671,429
MC 504	G38015	2,800,001
WR 0333	G38138	7,817,238
WR 0444	G38140	12,204,547