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Energy Law

: The Energy Law Blog

MMS' Offshore Texas Lease Sale Successful

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MMS's August 22, 2007 Western Gulf of Mexico lease sale offered 3,338 tracts, or approximately 18 million acres, offshore Texas.  Forty-seven companies participated, submitting 358 bids on 282 tracts.  The total of all bids received was $369,496,840.  MMS Director Randall Luthi observed that “the success of this lease sale once again demonstrates industry’s commitment and interest in the Gulf.” For more information, click here.

Full post as published by The Energy Law Blog on August 23, 2007 (boomark / email).

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