Lease salesSale 241
BOEM Lease Sale 241
BOEMTracts w/ bids
128
Leases awarded
128
Bid lines
214
Companies
30
High-bid total ($)
156.39MUSD
Top bid ($)
13.69MUSD
BOEM's statistics ZIP doesn't carry the sale date, so the lease-effective range (2016-05-01 – 2016-08-01) — derived from the awarded leases in dim_lease — stands in as the time anchor. 128 of 128 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| G35824 | NH16-10 | 434 | 5,760 | 18.75% | 10 | 2 | $13,687,108 | — | — | Venari Offshore LLC + Chevron U.S.A. Inc. |
| G35870 | NG15-03 | 475 | 5,760 | 18.75% | 7 | 1 | $13,225,126 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35828 | NH16-10 | 518 | 5,760 | 18.75% | 10 | 3 | $8,021,690 | 2 | — | Noble Energy, Inc. + BP Exploration & Production Inc. |
| G35834 | NH16-10 | 767 | 5,760 | 18.75% | 7 | 2 | $7,089,624 | 1 | — | Shell Offshore Inc. |
| G35830 | NH16-10 | 611 | 5,760 | 18.75% | 10 | 2 | $7,010,624 | — | — | Shell Offshore Inc. |
| G35821 | NH16-10 | 385 | 5,760 | 18.75% | 10 | 3 | $6,500,000 | 5 | — | Deep Gulf Energy III, LLC |
| G35839 | NH16-11 | 663 | 5,760 | 18.75% | 10 | 2 | $5,200,120 | — | — | Exxon Mobil Corporation |
| G35874 | NG15-03 | 551 | 5,760 | 18.75% | 7 | 1 | $3,500,624 | — | — | Shell Offshore Inc. |
| G35831 | NH16-10 | 749 | 5,760 | 18.75% | 5 | 1 | $2,975,975 | — | — | Ridgewood Energy Corporation + LLOG Exploration Offshore, L.L.C. + Red Willow Offshore, LLC + Houston Energy, L.P. |
| G35899 | NG15-06 | 333 | 5,760 | 18.75% | 10 | 1 | $2,866,687 | — | — | Statoil Gulf of Mexico LLC |
| G35856 | NG15-03 | 69 | 5,760 | 18.75% | 5 | 1 | $2,765,270 | 1 | — | Hess Corporation |
| G35863 | NG15-03 | 388 | 5,760 | 18.75% | 7 | 1 | $2,425,126 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35896 | NG15-06 | 274 | 5,760 | 18.75% | 10 | 1 | $2,400,120 | — | — | Exxon Mobil Corporation |
| G35892 | NG15-05 | 965 | 5,760 | 18.75% | 10 | 1 | $2,250,000 | — | — | Freeport-McMoRan Exploration & Production LLC + Anadarko Petroleum Corporation |
| G35866 | NG15-03 | 431 | 5,760 | 18.75% | 7 | 1 | $2,125,126 | — | — | BHP Billiton Petroleum (Deepwater) Inc. |
| G35887 | NG15-05 | 75 | 5,760 | 18.75% | 10 | 1 | $1,838,108 | — | — | Chevron U.S.A. Inc. |
| G35857 | NG15-03 | 70 | 5,760 | 18.75% | 5 | 1 | $1,565,270 | 2 | — | Hess Corporation |
| G35865 | NG15-03 | 390 | 5,760 | 18.75% | 7 | 1 | $1,560,560 | 3 | 18,229,020 | Ridgewood Energy Corporation + LLOG Exploration Offshore, L.L.C. + Red Willow Offshore, LLC + Houston Energy, L.P. |
| G35864 | NG15-03 | 389 | 5,760 | 18.75% | 7 | 2 | $1,560,560 | 9 | 36,353,596 | Ridgewood Energy Corporation + LLOG Exploration Offshore, L.L.C. + Red Willow Offshore, LLC + Houston Energy, L.P. |
| G35867 | NG15-03 | 433 | 5,760 | 18.75% | 7 | 1 | $1,560,560 | 1 | — | Ridgewood Energy Corporation + LLOG Exploration Offshore, L.L.C. + Red Willow Offshore, LLC + Houston Energy, L.P. |
| G35804 | NH16-07 | 992 | 5,760 | 18.75% | 7 | 1 | $1,555,555 | — | — | Ridgewood Energy Corporation |
| G35835 | NH16-10 | 796 | 5,760 | 18.75% | 5 | 1 | $1,475,475 | — | — | Ridgewood Energy Corporation + LLOG Exploration Offshore, L.L.C. + Red Willow Offshore, LLC + Houston Energy, L.P. |
| G35854 | NG15-02 | 822 | 5,760 | 18.75% | 7 | 2 | $1,398,324 | — | — | TOTAL E&P USA, INC. + Cobalt International Energy, L.P. |
| G35838 | NH16-10 | 989 | 5,760 | 18.75% | 7 | 2 | $1,355,355 | — | — | Ridgewood Energy Corporation |
| G35837 | NH16-10 | 988 | 5,760 | 18.75% | 7 | 2 | $1,321,681 | — | — | BP Exploration & Production 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 |
|---|---|---|---|
| Shell Offshore Inc. | 12 | 14 | $24,933,488 |
| BHP Billiton Petroleum (Deepwater) Inc. | 4 | 5 | $18,597,504 |
| Chevron U.S.A. Inc. | 11 | 15 | $18,141,389 |
| BP Exploration & Production Inc. | 19 | 21 | $18,041,077 |
| Exxon Mobil Corporation | 5 | 5 | $10,620,600 |
| Ridgewood Energy Corporation | 16 | 19 | $8,741,212 |
| LLOG Exploration Offshore, L.L.C. | 17 | 21 | $8,028,323 |
| Red Willow Offshore, LLC | 19 | 21 | $6,835,857 |
| Deep Gulf Energy III, LLC | 1 | 1 | $6,500,000 |
| Statoil Gulf of Mexico LLC | 3 | 3 | $4,809,920 |
| Hess Corporation | 2 | 4 | $4,330,540 |
| Venari Offshore LLC | 1 | 3 | $3,421,777 |
| Cobalt International Energy, L.P. | 6 | 6 | $3,165,117 |
| Anadarko Petroleum Corporation | 4 | 4 | $3,000,000 |
| Noble Energy, Inc. | 2 | 2 | $2,911,249 |
| Freeport-McMoRan Exploration & Production LLC | 3 | 3 | $2,535,000 |
| TOTAL E&P USA, INC. | 6 | 6 | $2,319,826 |
| Walter Oil & Gas Corporation | 5 | 5 | $1,721,152 |
| Houston Energy, L.P. | 21 | 23 | $1,528,052 |
| Castex Offshore, Inc. | 4 | 4 | $1,376,278 |
| EnVen Energy Ventures, LLC | 2 | 2 | $917,719 |
| Repsol E&P USA Inc. | 1 | 1 | $752,003 |
| Fieldwood Energy Offshore LLC | 4 | 4 | $713,883 |
| Peregrine Oil & Gas II, LLC | 4 | 4 | $576,541 |
| Apache Shelf Exploration LLC | 5 | 6 | $544,266 |
All tracts receiving bids (128)
| Lease | Protraction | Block | Acres | Royalty | Term | Bids | High bid |
|---|---|---|---|---|---|---|---|
| G35824 | NH16-10 | 434 | 5,760 | 18.75% | 10 | 2 | $13,687,108 |
| G35870 | NG15-03 | 475 | 5,760 | 18.75% | 7 | 1 | $13,225,126 |
| G35828 | NH16-10 | 518 | 5,760 | 18.75% | 10 | 3 | $8,021,690 |
| G35834 | NH16-10 | 767 | 5,760 | 18.75% | 7 | 2 | $7,089,624 |
| G35830 | NH16-10 | 611 | 5,760 | 18.75% | 10 | 2 | $7,010,624 |
| G35821 | NH16-10 | 385 | 5,760 | 18.75% | 10 | 3 | $6,500,000 |
| G35839 | NH16-11 | 663 | 5,760 | 18.75% | 10 | 2 | $5,200,120 |
| G35874 | NG15-03 | 551 | 5,760 | 18.75% | 7 | 1 | $3,500,624 |
| G35831 | NH16-10 | 749 | 5,760 | 18.75% | 5 | 1 | $2,975,975 |
| G35899 | NG15-06 | 333 | 5,760 | 18.75% | 10 | 1 | $2,866,687 |
| G35856 | NG15-03 | 69 | 5,760 | 18.75% | 5 | 1 | $2,765,270 |
| G35863 | NG15-03 | 388 | 5,760 | 18.75% | 7 | 1 | $2,425,126 |
| G35896 | NG15-06 | 274 | 5,760 | 18.75% | 10 | 1 | $2,400,120 |
| G35892 | NG15-05 | 965 | 5,760 | 18.75% | 10 | 1 | $2,250,000 |
| G35866 | NG15-03 | 431 | 5,760 | 18.75% | 7 | 1 | $2,125,126 |
| G35887 | NG15-05 | 75 | 5,760 | 18.75% | 10 | 1 | $1,838,108 |
| G35857 | NG15-03 | 70 | 5,760 | 18.75% | 5 | 1 | $1,565,270 |
| G35867 | NG15-03 | 433 | 5,760 | 18.75% | 7 | 1 | $1,560,560 |
| G35864 | NG15-03 | 389 | 5,760 | 18.75% | 7 | 2 | $1,560,560 |
| G35865 | NG15-03 | 390 | 5,760 | 18.75% | 7 | 1 | $1,560,560 |
| G35804 | NH16-07 | 992 | 5,760 | 18.75% | 7 | 1 | $1,555,555 |
| G35835 | NH16-10 | 796 | 5,760 | 18.75% | 5 | 1 | $1,475,475 |
| G35854 | NG15-02 | 822 | 5,760 | 18.75% | 7 | 2 | $1,398,324 |
| G35838 | NH16-10 | 989 | 5,760 | 18.75% | 7 | 2 | $1,355,355 |
| G35837 | NH16-10 | 988 | 5,760 | 18.75% | 7 | 2 | $1,321,681 |
| G35805 | NH15-12 | 789 | 5,760 | 18.75% | 5 | 1 | $1,206,749 |
| G35898 | NG15-06 | 289 | 5,760 | 18.75% | 10 | 1 | $1,206,557 |
| G35897 | NG15-06 | 275 | 5,760 | 18.75% | 10 | 1 | $1,200,120 |
| G35840 | NH16-11 | 707 | 5,760 | 18.75% | 10 | 2 | $1,200,120 |
| G35833 | NH16-10 | 759 | 5,760 | 18.75% | 7 | 1 | $1,190,190 |
| G35832 | NH16-10 | 750 | 5,760 | 18.75% | 5 | 1 | $1,185,185 |
| G35859 | NG15-03 | 154 | 5,760 | 18.75% | 5 | 1 | $1,150,150 |
| G35813 | NH16-10 | 305 | 5,760 | 18.75% | 10 | 1 | $1,110,000 |
| G35873 | NG15-03 | 550 | 5,760 | 18.75% | 7 | 1 | $1,089,624 |
| G35890 | NG15-05 | 258 | 5,760 | 18.75% | 10 | 1 | $1,089,624 |
| G35826 | NH16-10 | 478 | 5,760 | 18.75% | 10 | 2 | $1,089,624 |
| G35889 | NG15-05 | 106 | 5,760 | 18.75% | 7 | 1 | $1,007,324 |
| G35836 | NH16-10 | 804 | 5,760 | 18.75% | 7 | 1 | $975,975 |
| G35886 | NG15-05 | 61 | 5,760 | 18.75% | 7 | 1 | $957,324 |
| G35904 | NG15-06 | 621 | 5,760 | 18.75% | 10 | 1 | $925,000 |
| G35860 | NG15-03 | 169 | 5,760 | 18.75% | 7 | 1 | $921,681 |
| G35815 | NH16-10 | 341 | 5,760 | 18.75% | 10 | 1 | $921,681 |
| G35823 | NH16-10 | 430 | 5,760 | 18.75% | 10 | 2 | $921,681 |
| G35822 | NH16-10 | 390 | 5,760 | 18.75% | 10 | 1 | $845,845 |
| G35872 | NG15-03 | 523 | 5,760 | 18.75% | 7 | 1 | $822,126 |
| G35888 | NG15-05 | 105 | 5,760 | 18.75% | 7 | 1 | $797,324 |
| G35876 | NG15-03 | 681 | 5,760 | 18.75% | 10 | 1 | $761,108 |
| G35808 | NH16-10 | 247 | 5,760 | 18.75% | 7 | 1 | $761,108 |
| G35878 | NG15-03 | 818 | 5,760 | 18.75% | 10 | 1 | $752,003 |
| G35900 | NG15-06 | 533 | 5,760 | 18.75% | 10 | 1 | $736,676 |
| G35861 | NG15-03 | 170 | 5,760 | 18.75% | 7 | 1 | $721,681 |
| G35883 | NG16-02 | 665 | 5,760 | 18.75% | 10 | 1 | $716,829 |
| G35825 | NH16-10 | 474 | 5,760 | 18.75% | 10 | 1 | $712,060 |
| G35855 | NG15-02 | 824 | 5,760 | 18.75% | 7 | 1 | $710,624 |
| G35812 | NH16-10 | 293 | 5,760 | 18.75% | 7 | 1 | $710,624 |
| G35853 | NG15-02 | 736 | 5,760 | 18.75% | 7 | 1 | $710,624 |
| G35811 | NH16-10 | 292 | 5,760 | 18.75% | 7 | 2 | $710,624 |
| G35850 | NG15-02 | 603 | 5,760 | 18.75% | 7 | 1 | $697,324 |
| G35893 | NG15-06 | 21 | 5,760 | 18.75% | 10 | 1 | $695,695 |
| G35816 | NH16-10 | 346 | 5,760 | 18.75% | 10 | 1 | $695,695 |
| G35875 | NG15-03 | 675 | 5,760 | 18.75% | 10 | 1 | $676,108 |
| G35802 | LA10A | 274 | 4,994 | 18.75% | 5 | 2 | $675,576 |
| G35903 | NG15-06 | 620 | 5,760 | 18.75% | 10 | 1 | $650,000 |
| G35810 | NH16-10 | 291 | 5,760 | 18.75% | 7 | 1 | $636,829 |
| G35882 | NG16-02 | 272 | 5,760 | 18.75% | 10 | 1 | $627,324 |
| G35877 | NG15-03 | 725 | 5,760 | 18.75% | 10 | 1 | $626,829 |
| G35880 | NG15-03 | 936 | 5,760 | 18.75% | 10 | 1 | $626,829 |
| G35868 | NG15-03 | 434 | 5,760 | 18.75% | 7 | 1 | $624,624 |
| G35862 | NG15-03 | 345 | 5,760 | 18.75% | 7 | 1 | $624,624 |
| G35894 | NG15-06 | 106 | 5,760 | 18.75% | 10 | 1 | $624,624 |
| G35895 | NG15-06 | 150 | 5,760 | 18.75% | 10 | 1 | $624,624 |
| G35879 | NG15-03 | 895 | 5,760 | 18.75% | 10 | 1 | $624,624 |
| G35881 | NG16-01 | 314 | 5,760 | 18.75% | 7 | 1 | $624,624 |
| G35843 | NG15-02 | 413 | 5,760 | 18.75% | 5 | 1 | $621,681 |
| G35848 | NG15-02 | 585 | 5,760 | 18.75% | 7 | 1 | $621,681 |
| G35869 | NG15-03 | 437 | 4,312 | 18.75% | 7 | 1 | $621,681 |
| G35844 | NG15-02 | 457 | 5,760 | 18.75% | 5 | 1 | $621,681 |
| G35847 | NG15-02 | 584 | 5,760 | 18.75% | 5 | 1 | $621,681 |
| G35851 | NG15-02 | 629 | 5,760 | 18.75% | 7 | 1 | $621,681 |
| G35845 | NG15-02 | 544 | 5,760 | 18.75% | 5 | 1 | $621,681 |
| G35849 | NG15-02 | 586 | 5,760 | 18.75% | 7 | 1 | $621,681 |
| G35842 | NG15-02 | 412 | 5,760 | 18.75% | 5 | 1 | $621,681 |
| G35858 | NG15-03 | 79 | 5,760 | 18.75% | 5 | 1 | $621,681 |
| G35820 | NH16-10 | 381 | 5,760 | 18.75% | 10 | 1 | $621,681 |
| G35841 | NH16-11 | 708 | 5,760 | 18.75% | 10 | 1 | $620,120 |
| G35884 | NG16-02 | 753 | 5,760 | 18.75% | 10 | 1 | $616,202 |
| G35885 | NG16-02 | 754 | 5,760 | 18.75% | 10 | 1 | $616,108 |
| G35807 | NH15-12 | 918 | 5,760 | 18.75% | 5 | 1 | $612,216 |
| G35852 | NG15-02 | 649 | 5,760 | 18.75% | 7 | 1 | $610,624 |
| G35846 | NG15-02 | 556 | 5,760 | 18.75% | 7 | 1 | $610,624 |
| G35901 | NG15-06 | 594 | 5,760 | 18.75% | 10 | 1 | $609,009 |
| G35902 | NG15-06 | 595 | 5,760 | 18.75% | 10 | 1 | $609,009 |
| G35891 | NG15-05 | 921 | 5,760 | 18.75% | 10 | 1 | $600,000 |
| G35827 | NH16-10 | 505 | 5,760 | 18.75% | 7 | 1 | $596,383 |
| G35829 | NH16-10 | 589 | 5,760 | 18.75% | 7 | 1 | $596,383 |
| G35871 | NG15-03 | 481 | 4,591 | 18.75% | 7 | 1 | $571,681 |
| G35784 | LA3C | 152 | 2,500 | 18.75% | 5 | 1 | $305,503 |
| G35789 | LA5A | 286 | 5,000 | 18.75% | 5 | 1 | $265,000 |
| G35801 | LA8 | 61 | 5,000 | 18.75% | 5 | 1 | $250,250 |
| G35790 | LA6 | 107 | 5,000 | 18.75% | 5 | 2 | $250,250 |
| G35785 | LA4 | 254 | 5,000 | 18.75% | 5 | 1 | $217,000 |
| G35796 | LA6 | 184 | 5,000 | 18.75% | 5 | 1 | $215,000 |
| G35788 | LA5 | 188 | 5,027 | 18.75% | 5 | 1 | $200,202 |
| G35783 | LA3 | 128 | 5,000 | 18.75% | 5 | 1 | $184,184 |
| G35781 | LA2A | 359 | 5,000 | 18.75% | 5 | 2 | $174,680 |
| G35780 | LA2A | 357 | 5,000 | 18.75% | 5 | 2 | $169,169 |
| G35814 | NH16-10 | 312 | 5,760 | 18.75% | 5 | 1 | $158,423 |
| G35798 | LA6A | 255 | 5,000 | 18.75% | 5 | 1 | $156,749 |
| G35799 | LA6A | 256 | 5,000 | 18.75% | 5 | 1 | $156,749 |
| G35791 | LA6 | 147 | 5,000 | 18.75% | 5 | 1 | $156,519 |
| G35819 | NH16-10 | 360 | 5,003 | 18.75% | 5 | 1 | $149,900 |
| G35803 | NH16-07 | 779 | 5,760 | 18.75% | 5 | 1 | $144,000 |
| G35795 | LA6 | 181 | 5,000 | 18.75% | 5 | 1 | $140,000 |
| G35793 | LA6 | 179 | 5,000 | 18.75% | 5 | 1 | $137,523 |
| G35800 | LA6A | 318 | 5,000 | 18.75% | 5 | 1 | $134,749 |
| G35794 | LA6 | 180 | 5,000 | 18.75% | 5 | 1 | $127,523 |
| G35786 | LA4A | 322 | 5,000 | 18.75% | 5 | 1 | $127,346 |
| G35778 | LA2A | 313 | 5,000 | 18.75% | 5 | 1 | $127,346 |
| G35779 | LA2A | 320 | 5,000 | 18.75% | 5 | 1 | $127,346 |
| G35782 | LA3 | 86 | 5,000 | 18.75% | 5 | 1 | $125,000 |
| G35777 | LA2 | 48 | 5,000 | 18.75% | 5 | 1 | $125,000 |
| G35792 | LA6 | 171 | 5,000 | 18.75% | 5 | 1 | $125,000 |
| G35806 | NH15-12 | 828 | 3,730 | 18.75% | 5 | 1 | $93,883 |
| G35787 | LA5 | 118 | 2,500 | 18.75% | 5 | 1 | $71,250 |
| G35818 | NH16-10 | 359 | 2,105 | 18.75% | 5 | 1 | $67,777 |
| G35797 | LA6B | 12 | 2,500 | 18.75% | 5 | 1 | $66,156 |
| G35817 | NH16-10 | 358 | 2,318 | 18.75% | 5 | 1 | $60,874 |
| G35809 | NH16-10 | 267 | 2,178 | 18.75% | 5 | 1 | $59,923 |