Insight
US Gulf of Mexico lease sale 256: business as usual
*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 256 was held on 18 November 2020 and received 105 bids from 23 companies. The lease sale attracted US$121 million in high bids. We anticipated some trepidation because political and regulatory uncertainly is still in the air. But companies were able to ignore the distractions and stick to strategies that were in motion prior to the wild spins of 2020. In this Insight, we discuss key trends observed in the lease sale.
Table of contents
- Executive summary
-
Sale analysis
- Companies proceed with business as usual
- Majors and private companies upped their bids
- Strategic bidding sticks
- Conclusion
Tables and charts
This report includes the following images and tables:
- Lease Sale 256 summary
- Most recent lease sales (2018 - 2020)
- Central Gulf of Mexico bid results
- Western Gulf of Mexico bid results
- Most recent lease sales (2018-2020)
- Top 10 companies by high bids in deepwater
What's included
This report contains:
Other reports you may be interested in
Asset Report
Kaikias (MC 768)
Kaikias (MC 768) is a large oil and gas discovery located in the Mississippi Canyon protraction area of the Central Gulf of Mexico. The ...
$3,720
Asset Report
Trion
In August 2012, Trion became the first discovery on the Mexican side of the Perdido Fold Belt area in the deepwater Gulf of Mexico ...
$3,720
Asset Report
Monument (WR 272)
Monument is a large oil field located in the Walker Ridge protraction area of the US Gulf of Mexico.
$3,720
