Insight
Gulf of Mexico Lease Sale 252 - investment creeps back for the incumbents
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The US Gulf of Mexico lease sale 252 was held on 20 March 2019. It attracted 257 bids from 30 participating companies, with high bids totalling US$244.3 million. This represented a 37% increase in high bids from the previous lease sale. But is momentum back in the US Gulf of Mexico? In this insight, we dive below the surface and examine the changing dynamics of partnering in the US GoM, the strategies pursued by majors, and what this indicates for the future of the region.
Table of contents
- Executive summary
-
Sale analysis
- Partner up
- The Gulf of Shell
- Equinor swings Thor's hammer
- Shelf takes a step forward. And a step back
- Conclusion
Tables and charts
This report includes the following images and tables:
-
Lease Sale 252 summaryFive most recent Lease Sales (2017-2019)Central Gulf of Mexico bid results
-
Top 10 companies by high bids in deepwaterWestern Gulf of Mexico bid resultsFive most recent Lease Sales (2017-2019)Shelf bids and bonuses by lease sale (2012-2019)
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream in brief: Kosmos and Oxy sanction Tiberius project in Gulf of America
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Asset Report
Tahiti (GC 640)
Tahiti (GC 640) is a large subsalt oil and gas field located in the Green Canyon protraction area in the Central Gulf of Mexico. The ...
$3,720
Asset Report
Mandy (MC 199)
Mandy (MC 199) is a small oil and gas discovery located in the Mississippi Canyon protraction area of the Central Gulf of Mexico, ...
$3,720
