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December 16, 2011
The Department of the Interior’s Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held in New Orleans, attracted $337,688,341in high bids and included 20 companies submitting 241 bids on 191 tracts comprising over a million acres offshore Texas. The sum of all bids received totaled $712,725,998. This announcement is consistent with steps President Obama announced in May 2011 to expand domestic oil and gas production safely and responsibly.
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Image 1 of 3Secretary Salazar announces the results at the Western Gulf of Mexico Lease Sale 218 in New Orleans, LA. Tami A. Heilemann-Office of Communications
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