BOEM Receives 407 Bids in Federal Oil and Gas Lease Sale Offshore Louisiana, Mississippi and Alabama

Two Media Call-in Availabilities Scheduled

For Immediate Release
March 19, 2013

Contact:  John Filostrat 504-731-7815
Caryl Fagot 504-736-2590

 
New Orleans –The bids are in for the Bureau of Ocean Energy Management’s (BOEM) oil and gas lease sale, which will be held tomorrow at the Mercedes-Benz Superdome in New Orleans, Louisiana. Lease Sale 227 offered nearly 39 million unleased offshore acres in the Central Gulf of Mexico Planning Area. BOEM received 407 bids submitted by 47 companies on 320 offshore blocks.

Sale 227 encompasses 7,299 blocks and covers roughly 38.6 million acres, located from three to about 230 nautical miles offshore, in water depths ranging from nine to more than 11,115 feet (three 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.

The Final Notice of Sale details the lease terms and conditions, as well as all the environmental stipulations for this sale. The Final Notice of Sale information package is available at: http://www.boem.gov/sale-227.

WHO:

Secretary of the Interior Ken Salazar
Acting Assistant Secretary for Land and Minerals Management and BOEM Director Tommy Beaudreau
BOEM Gulf of Mexico Regional Director John Rodi
 

WHAT:

Central Gulf of Mexico Lease Sale 227
 

WHEN:

Wednesday, March 20, 2013
9:00 a.m. CDT / 10:00 a.m. EDT - Sale begins with remarks by Secretary Salazar.
 

WHERE:

Mercedes-Benz Superdome
St. Charles Club Room, 2nd floor
1500 Sugarbowl Drive,
(park Garage 6, enter Gate A)
New Orleans, Louisiana

Credentialed news media are invited to cover the sale.
 

 

MEDIA CALL-IN AVAILABILITIES
 

MEDIA AVAIL 1:

9:30 a.m. CDT Following his opening remarks, Secretary Salazar and Acting Assistant Secretary for Land and Minerals Management and BOEM Director Beaudreau will be available for questions from members of the news media.
 

CALL INFO:

Media representatives unable to attend may participate in the 9:30 a.m. CDT media availability by calling 1-888-942-8619 and entering passcode: LEASE SALE.
 

MEDIA AVAIL 2:

11:15 a.m. CDT After conclusion of bid reading and bids are tallied, Acting Assistant Secretary for Land and Minerals Management and BOEM Director Beaudreau and Regional Director Rodi will discuss Sale 227 results and take questions.
 

CALL INFO:

Media representatives unable to attend may participate in the 11:15 a.m. CDT media availability by calling 1-800-779-1423 and entering passcode: SALE 227.