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Lease sale BBG1 preview: bidding activity forecast and hotspots

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GoA lease sale Big Beautiful Gulf (BBG1) will play a critical role in adding fresh production to the basin. The basin is expected to reach record production in 2026 before declining due to a limited project pipeline. Better fiscal terms will be offered in lease sale BBG1, but market sentiment remains mixed.

Table of contents

  • Executive summary

Tables and charts

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    Block assessment

What's included

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  • Document

    Lease Sale BBG1 Preview.pdf

    PDF 1.47 MB