Insight

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

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

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 contains

  • Document

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

    PDF 405.52 KB

Table of contents

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

Tables and charts

This report includes 4 images and tables including:

Images

  • Top 10 companies by high bids in deepwater
  • Shelf bids and bonuses by lease sale (2007-2015)
  • Apparent high bidders by block in CLS 235

Tables

  • Investment continues to slide in US Gulf of Mexico Central Lease Sale 235: Table 2

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898