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6 Pages

Investment continues to slide in US Gulf of Mexico Central Lease Sale 235


Investment continues to slide in US Gulf of Mexico Central Lease Sale 235

Report summary

Investment in the Central Gulf of Mexico Lease Sale 235 continued its downward trend on 18 March 2015,  with the number of companies participating (41) and high bid amount (US$539M) down for the third consecutive year. The sale reflects a reaction to the lower oil price environment, which has caused operators to slash exploration budgets and pivot towards development and appraisal work. 

What's included?

This report includes 2 file(s)

  • Investment continues to slide in US Gulf of Mexico Central Lease Sale 235 PDF - 405.52 KB 6 Pages, 2 Tables, 3 Figures
  • Investment continues to slide in US Gulf of Mexico Central Lease Sale 235.xls XLS - 135.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • What a difference one year makes
  • Deepwater investment concentrated on blocks near identified prospects and recent discoveries
  • Shelf activity stays muted

In this report there are 5 tables or charts, including:

  • What a difference one year makes
    • Investment continues to slide in US Gulf of Mexico Central Lease Sale 235: Table 2
  • Deepwater investment concentrated on blocks near identified prospects and recent discoveries
    • Top 10 companies by high bids in deepwater
  • Shelf activity stays muted
    • Shelf bids and bonuses by lease sale (2007-2015)
    • Apparent high bidders by block in CLS 235
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