Gulf of Mexico Lease Sale Yields More Than $159 Million in High Bids, Continues Upward Trend Under Trump Administration

In support of President Donald J. Trump's America-First Offshore Energy Strategy, Interior’s Deputy Assistant Secretary for Land and Minerals Management Andrea Travnicek today announced that region-wide Gulf of Mexico Lease Sale 253 generated $159,386,761 in high bids for 151 tracts covering 835,006 acres in federal waters of the Gulf of Mexico. A total of 27 companies participated in the lease sale, submitting $174,922,200 in all bids.