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
Sunspear (GC 78)
Sunspear (GC 78) is a small oil and gas discovery located in the Green Canyon protraction area of the central Gulf of Mexico.
$3,720
Asset Report
Droshky (GC 244)
Droshky (GC 244) is a small oil and associated gas field located in the Green Canyon protraction area of the Central Gulf of Mexico ...
$3,720
Asset Report
Jack (WR 759)
The Jack (WR 759) field is a large subsalt discovery of Lower Tertiary age located in the remote southern portion of the Walker Ridge ...
$6,900
