Lease salesSale 251

BOEM Lease Sale 251

BOEM
Tracts w/ bids
144
Leases awarded
144
Bid lines
207
Companies
29
High-bid total ($)
178.07MUSD
Top bid ($)
25.92MUSD

BOEM's statistics ZIP doesn't carry the sale date, so the lease-effective range (2018-10-01 – 2018-12-01) — derived from the awarded leases in dim_lease — stands in as the time anchor. 144 of 144 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)
G36395 NH16-10 338 5,760 18.75% 10 2 $25,919,784 Hess Corporation
G36401 NH16-10 743 5,760 18.75% 10 2 $11,116,013 Chevron U.S.A. Inc.
G36417 NH16-11 939 5,760 18.75% 10 1 $8,503,880 Exxon Mobil Corporation
G36420 NH16-11 983 5,760 18.75% 10 1 $7,503,880 Exxon Mobil Corporation
G36398 NH16-10 617 4,388 18.75% 5 1 $5,205,000 2 Walter Oil & Gas Corporation
G36407 NH16-10 978 5,760 18.75% 7 3 $4,601,988 1 Shell Offshore Inc.
G36441 NG15-03 473 5,760 18.75% 7 2 $3,887,975 Anadarko US Offshore LLC
G36475 NG15-06 925 5,760 18.75% 10 1 $3,602,880 Anadarko US Offshore LLC
G36426 NG15-02 957 5,760 18.75% 10 2 $3,333,116 Chevron U.S.A. Inc.
G36424 NG15-02 872 5,760 18.75% 7 1 $3,250,112 TOTAL E&P USA, INC.
G36404 NH16-10 873 5,760 18.75% 10 2 $3,003,880 Anadarko US Offshore LLC
G36415 NH16-11 937 5,760 18.75% 10 1 $2,377,880 Exxon Mobil Corporation
G36396 NH16-10 339 5,760 18.75% 7 1 $2,013,014 Hess Corporation + BP Exploration & Production Inc.
G36397 NH16-10 432 5,760 18.75% 10 2 $2,009,784 Hess Corporation
G36435 NG15-03 426 5,760 18.75% 7 1 $1,782,035 Chevron U.S.A. Inc.
G36442 NG15-03 480 5,760 18.75% 7 2 $1,753,014 1 BP Exploration & Production Inc.
G36443 NG15-03 481 4,591 18.75% 7 3 $1,509,784 Hess Corporation
G36394 NH16-10 304 5,760 18.75% 10 3 $1,475,333 Ridgewood Energy Corporation + Red Willow Offshore, LLC + Deep Gulf Energy III, LLC
G36471 NG15-05 814 5,760 18.75% 10 2 $1,455,213 Deep Gulf Energy III, LLC
G36436 NG15-03 429 5,760 18.75% 7 2 $1,367,275 Anadarko US Offshore LLC
G36400 NH16-10 691 5,760 18.75% 10 1 $1,357,777 Houston Energy, L.P. + Red Willow Offshore, LLC + Fieldwood Energy LLC
G36459 NG16-02 58 5,760 18.75% 10 1 $1,353,880 Exxon Mobil Corporation
G36457 NG16-02 15 5,760 18.75% 10 1 $1,353,880 Exxon Mobil Corporation
G36455 NG16-02 13 5,760 18.75% 10 1 $1,353,880 Exxon Mobil Corporation
G36425 NG15-02 956 5,760 18.75% 10 3 $1,352,908 Chevron U.S.A. 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
Exxon Mobil Corporation 25 26 $40,555,000
Hess Corporation 16 19 $36,178,320
Chevron U.S.A. Inc. 5 5 $18,705,332
Equinor Gulf of Mexico LLC 16 19 $13,224,671
BP Exploration & Production Inc. 19 25 $12,571,230
Anadarko US Offshore LLC 5 6 $12,481,890
Shell Offshore Inc. 3 4 $6,305,964
TOTAL E&P USA, INC. 4 6 $5,800,786
Deep Gulf Energy III, LLC 7 9 $5,533,710
Walter Oil & Gas Corporation 2 2 $5,397,050
Talos Energy Offshore LLC 14 14 $5,272,978
Ecopetrol America Inc. 4 4 $3,908,000
EnVen Energy Ventures, LLC 5 5 $2,160,000
Fieldwood Energy LLC 3 3 $1,584,362
Houston Energy, L.P. 7 12 $1,418,919
Red Willow Offshore, LLC 5 6 $1,155,432
Ridgewood Energy Corporation 3 3 $1,059,871
LLOG Exploration Offshore, L.L.C. 2 6 $912,888
W & T Offshore, Inc. 6 6 $825,750
Beacon Offshore Energy Exploration LLC 2 5 $739,537
Byron Energy Inc. 3 3 $406,593
Murphy Exploration & Production Company - USA 1 1 $359,685
GulfSlope Energy, Inc. 2 2 $322,022
GOME 1271 LLC 3 3 $313,959
SDB Offshore Energy, LLC 2 2 $299,520

All tracts receiving bids (144)

Lease Protraction Block Acres Royalty Term Bids High bid
G36395 NH16-10 338 5,760 18.75% 10 2 $25,919,784
G36401 NH16-10 743 5,760 18.75% 10 2 $11,116,013
G36417 NH16-11 939 5,760 18.75% 10 1 $8,503,880
G36420 NH16-11 983 5,760 18.75% 10 1 $7,503,880
G36398 NH16-10 617 4,388 18.75% 5 1 $5,205,000
G36407 NH16-10 978 5,760 18.75% 7 3 $4,601,988
G36441 NG15-03 473 5,760 18.75% 7 2 $3,887,975
G36475 NG15-06 925 5,760 18.75% 10 1 $3,602,880
G36426 NG15-02 957 5,760 18.75% 10 2 $3,333,116
G36424 NG15-02 872 5,760 18.75% 7 1 $3,250,112
G36404 NH16-10 873 5,760 18.75% 10 2 $3,003,880
G36415 NH16-11 937 5,760 18.75% 10 1 $2,377,880
G36396 NH16-10 339 5,760 18.75% 7 1 $2,013,014
G36397 NH16-10 432 5,760 18.75% 10 2 $2,009,784
G36435 NG15-03 426 5,760 18.75% 7 1 $1,782,035
G36442 NG15-03 480 5,760 18.75% 7 2 $1,753,014
G36443 NG15-03 481 4,591 18.75% 7 3 $1,509,784
G36394 NH16-10 304 5,760 18.75% 10 3 $1,475,333
G36471 NG15-05 814 5,760 18.75% 10 2 $1,455,213
G36436 NG15-03 429 5,760 18.75% 7 2 $1,367,275
G36400 NH16-10 691 5,760 18.75% 10 1 $1,357,777
G36459 NG16-02 58 5,760 18.75% 10 1 $1,353,880
G36455 NG16-02 13 5,760 18.75% 10 1 $1,353,880
G36457 NG16-02 15 5,760 18.75% 10 1 $1,353,880
G36425 NG15-02 956 5,760 18.75% 10 3 $1,352,908
G36430 NG15-03 235 5,760 18.75% 7 1 $1,267,427
G36416 NH16-11 938 5,760 18.75% 10 1 $1,205,880
G36456 NG16-02 14 5,760 18.75% 10 1 $1,205,880
G36463 NG16-02 104 5,760 18.75% 10 1 $1,205,880
G36413 NH16-11 934 5,760 18.75% 10 1 $1,205,880
G36393 NH16-10 294 5,760 18.75% 7 1 $1,203,014
G36432 NG15-03 404 5,760 18.75% 7 1 $1,127,000
G36444 NG15-03 492 5,760 18.75% 7 1 $1,127,000
G36440 NG15-03 470 5,760 18.75% 7 1 $1,121,260
G36467 NG16-02 238 5,760 18.75% 10 1 $1,105,880
G36347 NG15-04 239 5,760 18.75% 10 1 $1,104,508
G36437 NG15-03 436 5,760 18.75% 7 3 $1,103,014
G36351 NG15-04 286 5,760 18.75% 10 1 $1,101,576
G36439 NG15-03 448 5,760 18.75% 7 1 $1,027,000
G36422 NG15-02 774 5,760 18.75% 7 1 $1,001,988
G36343 NG15-04 155 5,760 18.75% 7 1 $1,001,776
G36344 NG15-04 198 5,760 18.75% 7 1 $1,001,776
G36345 NG15-04 199 5,760 18.75% 7 1 $1,001,776
G36342 NG15-04 154 5,760 18.75% 7 1 $1,001,776
G36438 NG15-03 437 4,312 18.75% 7 4 $1,000,213
G36354 NG15-05 720 5,760 18.75% 10 2 $1,000,213
G36355 NG15-05 764 5,760 18.75% 10 2 $1,000,213
G36465 NG16-02 151 5,760 18.75% 10 1 $953,880
G36419 NH16-11 979 5,760 18.75% 10 1 $953,880
G36458 NG16-02 56 5,760 18.75% 10 1 $953,880
G36412 NH16-11 891 5,760 18.75% 10 1 $953,880
G36469 NG16-02 240 5,760 18.75% 10 1 $953,880
G36421 NH16-11 984 5,760 18.75% 10 1 $953,880
G36418 NH16-11 978 5,760 18.75% 10 1 $953,880
G36414 NH16-11 935 5,760 18.75% 10 1 $953,880
G36403 NH16-10 872 5,760 18.75% 10 2 $950,248
G36350 NG15-04 285 5,760 18.75% 10 1 $904,776
G36353 NG15-04 329 5,760 18.75% 10 1 $901,776
G36447 NG15-03 852 5,760 18.75% 10 1 $899,213
G36431 NG15-03 365 5,760 18.75% 7 1 $853,014
G36474 NG15-06 544 5,760 18.75% 10 1 $851,234
G36402 NH16-10 828 5,760 18.75% 10 1 $850,228
G36379 NH16-07 905 5,760 18.75% 5 1 $809,784
G36386 NH16-07 996 5,760 18.75% 7 1 $803,014
G36384 NH16-07 951 5,760 18.75% 5 1 $763,014
G36461 NG16-02 61 5,760 18.75% 10 1 $757,880
G36468 NG16-02 239 5,760 18.75% 10 1 $757,880
G36460 NG16-02 60 5,760 18.75% 10 1 $757,880
G36462 NG16-02 63 5,760 18.75% 10 1 $757,880
G36464 NG16-02 107 5,760 18.75% 10 1 $757,880
G36466 NG16-02 194 5,760 18.75% 10 1 $757,880
G36410 NH16-11 399 5,760 18.75% 10 2 $753,014
G36423 NG15-02 871 5,760 18.75% 7 1 $750,198
G36392 NH16-10 261 5,760 18.75% 10 1 $725,500
G36453 NG16-01 398 5,760 18.75% 7 1 $708,000
G36405 NH16-10 905 5,760 18.75% 10 1 $707,474
G36473 NG15-06 504 5,760 18.75% 10 1 $701,988
G36346 NG15-04 200 5,760 18.75% 7 1 $701,776
G36451 NG16-01 236 5,760 18.75% 7 1 $701,776
G36341 NG15-04 153 5,760 18.75% 7 1 $701,776
G36349 NG15-04 283 5,760 18.75% 10 1 $701,776
G36348 NG15-04 240 5,760 18.75% 10 1 $701,776
G36352 NG15-04 287 5,760 18.75% 10 1 $701,776
G36450 NG16-01 235 5,760 18.75% 7 1 $701,776
G36452 NG16-01 354 5,760 18.75% 7 1 $627,840
G36433 NG15-03 405 5,760 18.75% 7 1 $627,000
G36472 NG15-05 815 5,760 18.75% 10 1 $619,880
G36429 NG15-03 124 5,760 18.75% 7 1 $610,527
G36470 NG15-05 786 5,760 18.75% 10 1 $610,000
G36391 NH16-10 239 5,760 18.75% 5 1 $609,000
G36399 NH16-10 630 5,760 18.75% 5 1 $605,777
G36454 NG16-01 444 5,760 18.75% 7 2 $604,000
G36409 NH16-10 980 5,760 18.75% 7 1 $603,014
G36411 NH16-11 490 5,760 18.75% 10 1 $603,014
G36448 NG16-01 10 5,760 18.75% 7 1 $603,014
G36449 NG16-01 47 5,760 18.75% 7 1 $603,014
G36385 NH16-07 961 5,760 18.75% 7 1 $603,014
G36408 NH16-10 979 5,760 18.75% 7 1 $603,014
G36406 NH16-10 936 5,760 18.75% 7 1 $603,014
G36387 NH16-07 997 5,760 18.75% 7 1 $591,014
G36380 NH16-07 907 5,760 18.75% 5 1 $591,014
G36381 NH16-07 909 5,760 18.75% 5 1 $591,014
G36383 NH16-07 949 5,760 18.75% 5 1 $589,784
G36378 NH16-07 904 5,760 18.75% 5 1 $589,784
G36446 NG15-03 686 5,760 18.75% 7 1 $589,784
G36382 NH16-07 948 5,760 18.75% 5 1 $589,784
G36428 NG15-03 111 5,760 18.75% 5 1 $587,427
G36427 NG15-03 67 5,760 18.75% 5 1 $587,427
G36390 NH16-10 66 5,760 18.75% 5 1 $587,427
G36377 NH16-07 867 5,760 18.75% 5 1 $587,427
G36434 NG15-03 411 5,760 18.75% 7 1 $587,427
G36445 NG15-03 510 5,760 18.75% 7 1 $584,999
G36360 LA4 223 5,000 12.50% 5 1 $253,777
G36362 LA5A 313 5,000 12.50% 5 1 $198,000
G36389 NH15-12 658 1,566 12.50% 5 1 $192,050
G36357 LA3B 376 5,000 12.50% 5 1 $191,011
G36364 LA6 207 5,000 12.50% 5 1 $164,444
G36363 LA6 147 5,000 12.50% 5 1 $164,444
G36375 NH16-07 116 5,760 12.50% 5 1 $160,427
G36366 LA7A 104 5,000 12.50% 5 1 $154,000
G36374 NH16-07 73 5,760 12.50% 5 1 $153,427
G36373 NH16-07 72 5,760 12.50% 5 1 $153,427
G36376 NH16-07 117 5,760 12.50% 5 1 $153,427
G36334 TX7C A 358 5,760 12.50% 5 1 $151,527
G36335 TX7C A 362 5,760 12.50% 5 1 $151,207
G36332 TX7 230 5,760 12.50% 5 1 $149,760
G36333 TX7 231 5,760 12.50% 5 1 $149,760
G36337 TX7C A 377 5,760 12.50% 5 1 $144,000
G36338 TX7C A 386 5,760 12.50% 5 1 $144,000
G36339 TX7C A 396 5,760 12.50% 5 1 $144,000
G36336 TX7C A 363 5,760 12.50% 5 1 $144,000
G36370 LA10A 293 4,560 12.50% 5 1 $135,531
G36372 LA10A 306 4,999 12.50% 5 1 $135,531
G36371 LA10A 305 4,999 12.50% 5 1 $135,531
G36361 LA4A 371 5,000 12.50% 5 1 $131,011
G36367 LA8A 154 4,999 12.50% 5 1 $129,900
G36365 LA7 82 5,000 12.50% 5 1 $127,427
G36358 LA3C 84 5,000 12.50% 5 1 $127,427
G36356 LA2A 330 5,000 12.50% 5 1 $127,427
G36340 LA1B 565 5,000 12.50% 5 1 $125,000
G36369 LA10A 263 4,994 12.50% 5 1 $124,875
G36368 LA10A 262 4,994 12.50% 5 1 $124,875
G36388 NH15-12 525 2,419 12.50% 5 1 $85,000
G36359 LA3C 85 2,500 12.50% 5 1 $65,427