Gulf of Mexico Lease Sale 250 - bargain hunter's paradise

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- Available as part of a subscription
- FAQ's about online orders

23 March 2018

Gulf of Mexico Lease Sale 250 - bargain hunter's paradise

Report summary

The US Gulf of Mexico region-wide Lease Sale 250 was held on 21 March 2018. It attracted 159 bids from 33 participating companies, with high bids totalling US$124.8 million. On the surface it seems like a major rebound in activity from the last lease sale. But the total high bid amount is still close to historic lows, only increasing 3% from the August 2017 lease sale. Operators main focus was blocks around existing infrastructure and proven discoveries.

Table of contents

    • Modest Lease Sale
    • Infrastructure is the sweet spot for operators
    • Companies take a second look
    • Recent discoveries Spur interest
    • BP steps up, while Anadarko steps back
    • Shelf delivers a surprise
    • Where does GoM go from here?
    • Acreage on offer
    • Timeline
    • Evaluation process

Tables and charts

This report includes 4 images and tables including:

  • Top 10 companies by high bids in deepwater
  • Most recent lease sales
  • Western Gulf of Mexico bid results
  • Shelf bids and bonuses by lease sale (2009-2017)

What's included

This report contains:

  • Document

    Gulf of Mexico Lease Sale 250 - bargain hunter's paradise

    PDF 879.61 KB

Other reports you may be interested in

Browse reports by Industry Sector