Lease salesSale 238
BOEM Lease Sale 238
BOEMTracts w/ bids
81
Leases awarded
81
Bid lines
93
Companies
14
High-bid total ($)
109.95MUSD
Top bid ($)
16.79MUSD
BOEM's statistics ZIP doesn't carry the sale date, so the lease-effective range (2014-10-01 – 2015-01-01) — derived from the awarded leases in dim_lease — stands in as the time anchor. 81 of 81 awarded leases are present in the GOA warehouse.
Top leases by high bid
| Lease | Protraction | Block | Acres | Royalty | Term | Competing bids | High bid | Wellbores | Production (BOE) | Winner(s) |
|---|---|---|---|---|---|---|---|---|---|---|
| G35534 | NG15-04 | 431 | 5,760 | 18.75% | 10 | 2 | $16,788,800 | — | — | ConocoPhillips Company |
| G35525 | NG15-04 | 215 | 5,760 | 18.75% | 7 | 2 | $8,539,321 | — | — | Chevron U.S.A. Inc. |
| G35528 | NG15-04 | 258 | 5,760 | 18.75% | 7 | 2 | $7,439,321 | — | — | Chevron U.S.A. Inc. |
| G35526 | NG15-04 | 216 | 5,760 | 18.75% | 7 | 1 | $5,739,321 | — | — | Chevron U.S.A. Inc. |
| G35555 | NG15-04 | 890 | 5,760 | 18.75% | 10 | 2 | $4,406,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35529 | NG15-04 | 260 | 5,760 | 18.75% | 7 | 2 | $3,339,321 | — | — | Chevron U.S.A. Inc. |
| G35556 | NG15-04 | 891 | 5,760 | 18.75% | 10 | 2 | $3,106,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35566 | NG15-04 | 935 | 4,420 | 18.75% | 10 | 2 | $2,806,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35557 | NG15-04 | 892 | 5,760 | 18.75% | 10 | 1 | $2,321,027 | — | — | BP Exploration & Production Inc. |
| G35561 | NG15-04 | 902 | 5,760 | 18.75% | 10 | 2 | $1,750,314 | — | — | Shell Offshore Inc. |
| G35523 | NG15-04 | 181 | 5,760 | 18.75% | 7 | 1 | $1,657,760 | — | — | ConocoPhillips Company |
| G35565 | NG15-04 | 934 | 4,319 | 18.75% | 10 | 2 | $1,506,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35554 | NG15-04 | 889 | 5,760 | 18.75% | 10 | 2 | $1,351,027 | — | — | BP Exploration & Production Inc. |
| G35567 | NG15-04 | 936 | 4,522 | 18.75% | 10 | 1 | $1,351,027 | — | — | BP Exploration & Production Inc. |
| G35506 | NG15-01 | 536 | 5,760 | 18.75% | 7 | 1 | $1,255,885 | — | — | Venari Offshore LLC |
| G35495 | TX7B | A 546 | 5,760 | 18.75% | 5 | 1 | $1,220,200 | — | — | Arena Energy, LP |
| G35531 | NG15-04 | 280 | 5,760 | 18.75% | 10 | 1 | $1,206,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35530 | NG15-04 | 279 | 5,760 | 18.75% | 10 | 1 | $1,206,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35549 | NG15-04 | 847 | 5,760 | 18.75% | 10 | 1 | $1,151,027 | — | — | BP Exploration & Production Inc. |
| G35547 | NG15-04 | 802 | 5,760 | 18.75% | 7 | 1 | $1,151,027 | — | — | BP Exploration & Production Inc. |
| G35546 | NG15-04 | 801 | 5,760 | 18.75% | 10 | 2 | $1,151,027 | — | — | BP Exploration & Production Inc. |
| G35550 | NG15-04 | 848 | 5,760 | 18.75% | 10 | 1 | $1,151,027 | — | — | BP Exploration & Production Inc. |
| G35558 | NG15-04 | 893 | 5,760 | 18.75% | 10 | 1 | $1,151,027 | — | — | BP Exploration & Production Inc. |
| G35538 | NG15-04 | 459 | 5,760 | 18.75% | 10 | 1 | $1,106,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35532 | NG15-04 | 415 | 5,760 | 18.75% | 10 | 1 | $1,106,250 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
Companies by winning exposure
Exposure = sum of each company's share of the winning bids it took part in.
| Company | Leases won | Leases bid | Winning exposure |
|---|---|---|---|
| Chevron U.S.A. Inc. | 5 | 5 | $25,796,605 |
| ConocoPhillips Company | 10 | 11 | $23,423,000 |
| BP Exploration & Production Inc. | 27 | 32 | $22,837,729 |
| BHP Billiton Petroleum (Deepwater) Inc. | 14 | 16 | $21,887,500 |
| Venari Offshore LLC | 6 | 6 | $5,110,720 |
| LLOG Bluewater Holdings, L.L.C. | 5 | 5 | $2,880,000 |
| Shell Offshore Inc. | 1 | 1 | $1,750,314 |
| Exxon Mobil Corporation | 3 | 3 | $1,667,512 |
| Focus Exploration, LLC | 5 | 5 | $1,599,290 |
| Arena Energy, LP | 1 | 1 | $1,220,200 |
| Castex Offshore, Inc. | 3 | 3 | $1,199,297 |
| Talos Energy Offshore LLC | 1 | 1 | $579,477 |
| Stone Energy Offshore, L.L.C. | 0 | 1 | — |
| Anadarko US Offshore Corporation | 0 | 3 | — |
All tracts receiving bids (81)
| Lease | Protraction | Block | Acres | Royalty | Term | Bids | High bid |
|---|---|---|---|---|---|---|---|
| G35534 | NG15-04 | 431 | 5,760 | 18.75% | 10 | 2 | $16,788,800 |
| G35525 | NG15-04 | 215 | 5,760 | 18.75% | 7 | 2 | $8,539,321 |
| G35528 | NG15-04 | 258 | 5,760 | 18.75% | 7 | 2 | $7,439,321 |
| G35526 | NG15-04 | 216 | 5,760 | 18.75% | 7 | 1 | $5,739,321 |
| G35555 | NG15-04 | 890 | 5,760 | 18.75% | 10 | 2 | $4,406,250 |
| G35529 | NG15-04 | 260 | 5,760 | 18.75% | 7 | 2 | $3,339,321 |
| G35556 | NG15-04 | 891 | 5,760 | 18.75% | 10 | 2 | $3,106,250 |
| G35566 | NG15-04 | 935 | 4,420 | 18.75% | 10 | 2 | $2,806,250 |
| G35557 | NG15-04 | 892 | 5,760 | 18.75% | 10 | 1 | $2,321,027 |
| G35561 | NG15-04 | 902 | 5,760 | 18.75% | 10 | 2 | $1,750,314 |
| G35523 | NG15-04 | 181 | 5,760 | 18.75% | 7 | 1 | $1,657,760 |
| G35565 | NG15-04 | 934 | 4,319 | 18.75% | 10 | 2 | $1,506,250 |
| G35554 | NG15-04 | 889 | 5,760 | 18.75% | 10 | 2 | $1,351,027 |
| G35567 | NG15-04 | 936 | 4,522 | 18.75% | 10 | 1 | $1,351,027 |
| G35506 | NG15-01 | 536 | 5,760 | 18.75% | 7 | 1 | $1,255,885 |
| G35495 | TX7B | A 546 | 5,760 | 18.75% | 5 | 1 | $1,220,200 |
| G35531 | NG15-04 | 280 | 5,760 | 18.75% | 10 | 1 | $1,206,250 |
| G35530 | NG15-04 | 279 | 5,760 | 18.75% | 10 | 1 | $1,206,250 |
| G35549 | NG15-04 | 847 | 5,760 | 18.75% | 10 | 1 | $1,151,027 |
| G35558 | NG15-04 | 893 | 5,760 | 18.75% | 10 | 1 | $1,151,027 |
| G35550 | NG15-04 | 848 | 5,760 | 18.75% | 10 | 1 | $1,151,027 |
| G35546 | NG15-04 | 801 | 5,760 | 18.75% | 10 | 2 | $1,151,027 |
| G35547 | NG15-04 | 802 | 5,760 | 18.75% | 7 | 1 | $1,151,027 |
| G35532 | NG15-04 | 415 | 5,760 | 18.75% | 10 | 1 | $1,106,250 |
| G35538 | NG15-04 | 459 | 5,760 | 18.75% | 10 | 1 | $1,106,250 |
| G35564 | NG15-04 | 933 | 4,217 | 18.75% | 10 | 1 | $931,027 |
| G35507 | NG15-01 | 951 | 5,760 | 18.75% | 7 | 1 | $922,255 |
| G35548 | NG15-04 | 845 | 5,760 | 18.75% | 10 | 1 | $906,250 |
| G35533 | NG15-04 | 416 | 5,760 | 18.75% | 10 | 1 | $906,250 |
| G35539 | NG15-04 | 501 | 5,760 | 18.75% | 10 | 1 | $906,250 |
| G35537 | NG15-04 | 458 | 5,760 | 18.75% | 10 | 1 | $906,250 |
| G35535 | NG15-04 | 456 | 5,760 | 18.75% | 10 | 1 | $906,250 |
| G35536 | NG15-04 | 457 | 5,760 | 18.75% | 10 | 1 | $906,250 |
| G35522 | NG15-04 | 74 | 5,760 | 18.75% | 7 | 1 | $865,585 |
| G35553 | NG15-04 | 867 | 5,760 | 18.75% | 10 | 1 | $821,027 |
| G35552 | NG15-04 | 866 | 5,760 | 18.75% | 10 | 1 | $821,027 |
| G35563 | NG15-04 | 912 | 5,760 | 18.75% | 10 | 1 | $786,186 |
| G35562 | NG15-04 | 911 | 5,760 | 18.75% | 10 | 1 | $786,186 |
| G35524 | NG15-04 | 182 | 5,760 | 18.75% | 7 | 1 | $757,220 |
| G35518 | NG15-04 | 54 | 5,760 | 18.75% | 7 | 1 | $757,220 |
| G35572 | NG15-05 | 11 | 5,760 | 18.75% | 7 | 1 | $739,321 |
| G35508 | NG15-01 | 997 | 5,760 | 18.75% | 7 | 1 | $735,555 |
| G35493 | TX7 | A 7 | 5,760 | 18.75% | 5 | 1 | $728,827 |
| G35511 | NG14-06 | 922 | 5,760 | 18.75% | 7 | 1 | $721,027 |
| G35512 | NG14-06 | 923 | 5,760 | 18.75% | 7 | 1 | $721,027 |
| G35509 | NG14-06 | 746 | 5,760 | 18.75% | 7 | 2 | $721,027 |
| G35510 | NG14-06 | 921 | 5,760 | 18.75% | 7 | 1 | $721,027 |
| G35540 | NG15-04 | 561 | 5,760 | 18.75% | 10 | 1 | $721,027 |
| G35521 | NG15-04 | 61 | 5,760 | 18.75% | 7 | 1 | $715,885 |
| G35559 | NG15-04 | 894 | 5,760 | 18.75% | 10 | 1 | $671,027 |
| G35551 | NG15-04 | 851 | 5,760 | 18.75% | 10 | 1 | $671,027 |
| G35560 | NG15-04 | 895 | 5,760 | 18.75% | 10 | 1 | $671,027 |
| G35569 | NG15-04 | 938 | 4,726 | 18.75% | 10 | 1 | $621,027 |
| G35570 | NG15-04 | 939 | 4,828 | 18.75% | 10 | 1 | $621,027 |
| G35520 | NG15-04 | 60 | 5,760 | 18.75% | 10 | 1 | $615,555 |
| G35501 | NG15-01 | 252 | 5,760 | 18.75% | 5 | 1 | $594,018 |
| G35500 | NG15-01 | 156 | 5,760 | 18.75% | 5 | 1 | $594,018 |
| G35497 | LA1B | 497 | 5,475 | 18.75% | 5 | 1 | $579,477 |
| G35502 | NG15-01 | 420 | 5,760 | 18.75% | 7 | 1 | $577,000 |
| G35527 | NG15-04 | 226 | 5,760 | 18.75% | 7 | 1 | $577,000 |
| G35503 | NG15-01 | 421 | 5,760 | 18.75% | 7 | 1 | $577,000 |
| G35504 | NG15-01 | 464 | 5,760 | 18.75% | 7 | 1 | $577,000 |
| G35519 | NG15-04 | 55 | 5,760 | 18.75% | 7 | 1 | $577,000 |
| G35505 | NG15-01 | 465 | 5,760 | 18.75% | 7 | 1 | $577,000 |
| G35544 | NG15-04 | 688 | 5,760 | 18.75% | 10 | 1 | $576,000 |
| G35543 | NG15-04 | 687 | 5,760 | 18.75% | 10 | 1 | $576,000 |
| G35541 | NG15-04 | 643 | 5,760 | 18.75% | 10 | 1 | $576,000 |
| G35542 | NG15-04 | 644 | 5,760 | 18.75% | 10 | 1 | $576,000 |
| G35545 | NG15-04 | 731 | 5,760 | 18.75% | 10 | 1 | $576,000 |
| G35568 | NG15-04 | 937 | 4,624 | 18.75% | 10 | 1 | $521,027 |
| G35515 | NG14-06 | 965 | 2,813 | 18.75% | 7 | 1 | $446,027 |
| G35517 | NG14-06 | 967 | 2,572 | 18.75% | 7 | 1 | $446,027 |
| G35514 | NG14-06 | 964 | 2,934 | 18.75% | 7 | 1 | $446,027 |
| G35516 | NG14-06 | 966 | 2,692 | 18.75% | 7 | 1 | $446,027 |
| G35513 | NG14-06 | 924 | 2,050 | 18.75% | 7 | 1 | $321,027 |
| G35494 | TX7A | 130 | 5,760 | 18.75% | 5 | 1 | $253,253 |
| G35492 | TX7 | 155 | 5,760 | 18.75% | 5 | 1 | $217,217 |
| G35496 | TX7C | A 403 | 5,760 | 18.75% | 5 | 1 | $162,018 |
| G35498 | NG15-01 | 113 | 4,555 | 18.75% | 5 | 1 | $131,918 |
| G35499 | NG15-01 | 115 | 3,971 | 18.75% | 5 | 1 | $117,318 |
| G35571 | NG15-04 | 999 | 696 | 18.75% | 10 | 1 | $95,140 |