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Lease Sale 157
Final Bid Recap
Lease Sale 157 Final Bid Recap
(23.75 KB)
Final Bid Recap
(23.75 KB)
(updated June 28, 1999)
Bid Evaluation Results
Final Phase I Decision Matrix
(23.75 KB)
Final Phase II Decision Matrix
(23.75 KB)
Sale Statistics
| Bid Totals | High Bids | $520,942,644.00 |
| All Bids | $716,059,864.00 | |
| Area Offered | Blocks | 5,649 |
| Acres | 30,322,792.332 | |
| Receiving Bids | Blocks | 924 |
| Acres | 4,761,166.89 | |
| Number of Bids | Total | 1,381 |
| Average per Block | 1.5 |
| Greatest Number of Bids Per Block | 10 |
|---|---|
| Map Area(s) and Block Number(s) | South Marsh Island Area North Addition 261 |
| Highest Total Bid | $11,151,000.00 |
|---|---|
| Map Area(s) and Block Number(s) | Mississippi Canyon 941 |
| Number of Bids for Block | 5 |
| Company(s) Participating in Bid | Vastar Resources, Inc. |
| Highest Bid per Acre | $4,560.26 |
| Map Area(s) and Block Number(s) | Green Canyon 658 |
| Number of Bids for Block | 1 |
| Company(s) Participating in Bid | BP Exploration & Oil Inc. |
| Bidding Statistics by Water Depth | ||||
|---|---|---|---|---|
| Number of Blocks with Bids | Acres Receiving Bids | Sum of High Bids | Sum of All Bids | |
| 0 - 200 meters | 453 | 2,095,751.99 | $262,296,276 | $383,484,713 |
| 200 - 400 meters | 29 | 138,644.81 | $27,664,430 | $31,998,759 |
| 400 - 800 meters | 41 | 236,160.00 | $29,246,093 | $36,162,227 |
| 800+ meters | 401 | 2,290,610.09 | $201,735,845 | $264,414,165 |
| Number of Bids per Block by Water Depth | |||||
|---|---|---|---|---|---|
| Total | 0 - 200m | 200 - 400m | 400 - 800m | 800+m | |
| 1 Bid | 647 | 285 | 22 | 29 | 311 |
| 2 Bid | 174 | 107 | 5 | 8 | 54 |
| 3 Bid | 64 | 37 | 2 | 3 | 22 |
| 4 Bid | 18 | 12 | 0 | 0 | 6 |
| 5 Bid | 13 | 6 | 0 | 1 | 6 |
| 6 Bid | 4 | 2 | 0 | 0 | 2 |
| 7 Bid | 1 | 1 | 0 | 0 | 0 |
| 8 Bid | 2 | 2 | 0 | 0 | 0 |
| 9 Bid | 0 | 0 | 0 | 0 | 0 |
| 10 Bid | 1 | 1 | 0 | 0 | 0 |
| Bidding Statistics by Lease Term | ||||
|---|---|---|---|---|
| Term | Blocks with Bids | Acres Receiving Bids | Sum of High Bids | Sum of All Bids |
5 Year | 482 | 2,234,396.80 | $289,960,706 | $415,483,472 |
| 8 Year | 56 | 322,560.00 | $37,671,795 | $48,932,848 |
10 Year | 386 | 2,204,210.09 | $193,310,143 | $251,643,544 |
The documents below contain statistical information specific to Sale 157, held on April 24, 1996. The reports organize the data in several different ways. Information regarding bid acceptance is found elsewhere.
- Sale Statistics - Includes general summary information on sale bids
- Preliminary Bid Recap by Area & Block for All Bids (Report 1). Includes complete information on all blocks receiving bids. A final bid recap which includes bid acceptance and rejection results is also available.
- High Bids Ranked by Bid Amount (Report 4) - Includes information on all high bids in ranked order
- Summary of Company Bids (Report 6) - Includes information on bidding by companies; 3 reports sorted by (a) company, (b) amount bid by company, and (c) amount of high bids by company
- Sale 157 ZIP File - This file displays bid information on acreage, royalty rates, and companies participating in this sale. It contains 5 fixed format, ASCII data files of tract, bid, and company data as well as a text file which shows the record layouts. (Version 2.04G of PKZIP was used to compress this file. Please read our disclaimer prior to down loading the file.)
Lease Sale Map - Bid Distribution
Lease Terms and Economic Conditions
(23.75 KB)
Stipulations and Deferred Blocks
(23.76 KB)
Final Notice of Sale
Final Notice of OCS Sale 157
(23.75 KB)