According to the Minerals Management Service (MMS), the offshore energy industry is still showing considerable interest in the Gulf of Mexico's Outer Continental Shelf. Tomorrow, MMS will conduct Minerals Management Service Central Gulf Sale 213. Sixty seven companies submitted 642 bids on 468 tracts that are being offered offshore Louisiana, Mississippi, and Alabama.
"The industry's interest in tomorrow's Central Gulf oil and gas lease sale demonstrates the importance of the deepwater Gulf to future energy development," said MMS Gulf of Mexico Regional Director Lars Herbst, who will preside over tomorrow's lease sale in the New Orleans Superdome.
A total of 295 tracts in water depths greater than 1,300 feet received bids. The sealed bids will be opened and publicly read at tomorrow's sale. After high bids are analyzed for fair market value, awarded leases will be announced.