Shell, Anadarko, and BP

Thirty companies submitted 257 bids totaling close to $283.8 million in the US Bureau of Ocean Energy Management’s Lease Sale 252, which covered more than 78 million acres in the US Gulf of Mexico. A total of 14,699 tracts were offered in the gulf’s western, central, and eastern planning areas, in 9–11,115 ft of water, 3–231 miles offshore. Shell, Anadarko, and BP filled the top three company spots, based on the total number of high bids submitted. The deepest block receiving a bid was Lloyd Ridge 456 in 3054 m of water. With four bids each, Mississippi Canyon 344 and Mississippi Canyon 801 received the largest number of bids. The highest bid on a block, made by Equinor, was close to $24.5 million for Mississippi Canyon 801 in 800–1600 m of water.