NEW ORLEANS, Louisiana -- The Department of the Interior has held a nearly 39-million-acre oil and gas lease sale for the Central Gulf of Mexico that drew $1,214,675,536 in high bids for tracts on the U.S. Outer Continental Shelf offshore Louisiana, Mississippi and Alabama. A total of 52 offshore energy companies submitted 407 bids on 320 tracts, covering more than 1,722,191.42 acres. The sum of all bids received totaled $1,595,397,446.
Central Gulf of Mexico lease sale draws $1.2 bn in high bids
![Central Gulf of Mexico lease sale draws $1.2 bn in high bids]()
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