38 Million Acres Offered In Central Gulf of Mexico Lease Sale

摘要

The Central Gulf of Mexico Lease Sale 227, planned for mid-March, will offer 38.6 million acres offshore Louisiana, Mississippi and Alabama for oil and gas exploration and development, the U.S. Bureau of Ocean Energy Management (BOEM) said in February. The sale encompasses 7,299 blocks located from 3 to 230 miles offshore, in water depths ranging from 3 to 3,400 meters. BOEM estimates the lease sale could result in the production of 0.46 billion to 0.89 billion barrels of oil, and 1.9 trillion cubic feet to 3.9 trillion cubic feet of natural gas.