Tag: noble
GoM lease sale USD$1.7 billion in high bids
USD$1.7 billion in high bids out of a total USD$2.6 billion for all bids was drawn for the Central Gulf of Mexico Lease Sale. 593 bids on 454 tracts covering 2.4 million acres of the 39 million acres total offered were bid on by 56 operators.
Oil producers oppose Seaway request
Oil producers in North America are hoping to ease the disconnect in the crude markets by addressing the reversal of the Seaway pipeline to run to refineries nest the Gulf of Mexico from the central United States.