Largest Oil and Gas Lease Sale Set to Take Place in New Orleans

Largest Oil and Gas Lease Sale Set to Take Place in New Orleans

The U.S. Department of the Interior (DOI) announced on October 24 that they would be accepting bids for an offshore oil and gas area which roughly equates to the size of New Mexico. The 77-million-acre lot, located in the Gulf of Mexico, is expected to fetch approximately $120 million for…

Support OILMAN Magazine

Please Log In to view this content.

Not a subscriber? Please Subscribe here for unlimited access.

Author Profile
Digital Content Manager

Related posts