Insight
US Gulf of Mexico lease sale 256: business as usual
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 6 images and tables including:
- 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:
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