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SES - Regional Highlights - August 29, 2019

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The US Bureau of Ocean Energy Management’s Gulf of Mexico Lease Sale 253 brought in $159.4 million in high bids Aug. 21 for 151 blocks covering 835,007 acres. A total of 27 companies participated and 165 bids were placed. BHP placed the highest bid at $22.5 million, or $3,908/acre, for Green Canyon Block 124. Companies winning the most blocks were Equinor (23 blocks at bonus bids totaling $16.9 million), BP (21 blocks, $14.7 million),......
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