Lease salesSale 248

BOEM Lease Sale 248

BOEM
Tracts w/ bids
24
Leases awarded
24
Bid lines
24
Companies
3
High-bid total ($)
18.07MUSD
Top bid ($)
1.12MUSD

BOEM's statistics ZIP doesn't carry the sale date, so the lease-effective range (2016-11-01 – 2016-12-01) — derived from the awarded leases in dim_lease — stands in as the time anchor. 24 of 24 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)
G35905 NG15-01 590 5,760 18.75% 7 1 $1,124,000 Exxon Mobil Corporation
G35927 NG15-04 127 5,760 18.75% 7 1 $1,077,480 BHP Billiton Petroleum (Deepwater) Inc.
G35915 NG15-01 915 5,760 18.75% 7 1 $937,480 BHP Billiton Petroleum (Deepwater) Inc.
G35912 NG15-01 870 5,760 18.75% 7 1 $937,480 BHP Billiton Petroleum (Deepwater) Inc.
G35913 NG15-01 871 5,760 18.75% 7 1 $937,480 BHP Billiton Petroleum (Deepwater) Inc.
G35928 NG15-04 170 5,760 18.75% 7 1 $887,480 BHP Billiton Petroleum (Deepwater) Inc.
G35910 NG15-01 786 5,760 18.75% 7 1 $887,480 BHP Billiton Petroleum (Deepwater) Inc.
G35911 NG15-01 830 5,760 18.75% 7 1 $887,480 BHP Billiton Petroleum (Deepwater) Inc.
G35914 NG15-01 872 5,760 18.75% 7 1 $827,480 BHP Billiton Petroleum (Deepwater) Inc.
G35926 NG15-04 39 5,760 18.75% 7 1 $737,480 BHP Billiton Petroleum (Deepwater) Inc.
G35921 NG15-02 533 5,760 18.75% 5 1 $643,726 BP Exploration & Production Inc.
G35918 NG15-02 491 5,760 18.75% 5 1 $643,726 2 BP Exploration & Production Inc.
G35925 NG15-02 582 5,760 18.75% 5 1 $643,726 BP Exploration & Production Inc.
G35923 NG15-02 537 5,760 18.75% 5 1 $643,726 BP Exploration & Production Inc.
G35920 NG15-02 532 5,760 18.75% 5 1 $643,726 BP Exploration & Production Inc.
G35907 NG15-01 700 5,760 18.75% 7 1 $627,480 BHP Billiton Petroleum (Deepwater) Inc.
G35909 NG15-01 785 5,760 18.75% 7 1 $627,480 BHP Billiton Petroleum (Deepwater) Inc.
G35908 NG15-01 742 5,760 18.75% 7 1 $627,480 BHP Billiton Petroleum (Deepwater) Inc.
G35906 NG15-01 591 5,760 18.75% 7 1 $626,000 Exxon Mobil Corporation
G35916 NG15-02 488 5,760 18.75% 5 1 $619,726 BP Exploration & Production Inc.
G35922 NG15-02 536 5,760 18.75% 5 1 $619,726 BP Exploration & Production Inc.
G35924 NG15-02 581 5,760 18.75% 5 1 $619,726 BP Exploration & Production Inc.
G35917 NG15-02 489 5,760 18.75% 5 1 $619,726 BP Exploration & Production Inc.
G35919 NG15-02 492 5,760 18.75% 5 1 $619,726 1 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
BHP Billiton Petroleum (Deepwater) Inc. 12 12 $9,999,760
BP Exploration & Production Inc. 10 10 $6,317,260
Exxon Mobil Corporation 2 2 $1,750,000

All tracts receiving bids (24)

Lease Protraction Block Acres Royalty Term Bids High bid
G35905 NG15-01 590 5,760 18.75% 7 1 $1,124,000
G35927 NG15-04 127 5,760 18.75% 7 1 $1,077,480
G35915 NG15-01 915 5,760 18.75% 7 1 $937,480
G35912 NG15-01 870 5,760 18.75% 7 1 $937,480
G35913 NG15-01 871 5,760 18.75% 7 1 $937,480
G35928 NG15-04 170 5,760 18.75% 7 1 $887,480
G35910 NG15-01 786 5,760 18.75% 7 1 $887,480
G35911 NG15-01 830 5,760 18.75% 7 1 $887,480
G35914 NG15-01 872 5,760 18.75% 7 1 $827,480
G35926 NG15-04 39 5,760 18.75% 7 1 $737,480
G35921 NG15-02 533 5,760 18.75% 5 1 $643,726
G35918 NG15-02 491 5,760 18.75% 5 1 $643,726
G35925 NG15-02 582 5,760 18.75% 5 1 $643,726
G35923 NG15-02 537 5,760 18.75% 5 1 $643,726
G35920 NG15-02 532 5,760 18.75% 5 1 $643,726
G35907 NG15-01 700 5,760 18.75% 7 1 $627,480
G35909 NG15-01 785 5,760 18.75% 7 1 $627,480
G35908 NG15-01 742 5,760 18.75% 7 1 $627,480
G35906 NG15-01 591 5,760 18.75% 7 1 $626,000
G35916 NG15-02 488 5,760 18.75% 5 1 $619,726
G35922 NG15-02 536 5,760 18.75% 5 1 $619,726
G35924 NG15-02 581 5,760 18.75% 5 1 $619,726
G35917 NG15-02 489 5,760 18.75% 5 1 $619,726
G35919 NG15-02 492 5,760 18.75% 5 1 $619,726