Lease Sale 177

Western Gulf Lease Sale 177 was held on August 23, 2000

Western Gulf Lease Sale 177 was held on August 23, 2000, at the Royal Sonesta Hotel, 300 Bourbon Street, New Orleans, LA. The Offshore Oil Scouts Association provided a Webcast of Sale 177 on the internet. The company used was Vcall. You can visit their website at http://www.vcall.com.

NOTE: Two Sale 177 bids submitted by Shell Deepwater Development Inc. (OCS-G22323, Garden Banks Block 556; and OCS-G22326, Garden Banks Block 600) were inadvertently recorded by MMS as being submitted by Shell Offshore Inc. Thus a total of 53 companies submitted bids, not 52 as originally reported.

In the case of OCS-G22323, MMS also erroneously coded the bidder as Shell Offshore Inc. when it should have been Shell Deepwater Development Inc. In the case of OCS-G22326, MMS correctly coded the bidder as Shell Deepwater Development Inc. but also coded Shell Offshore Inc. as having a "0.0" percent interest in the bid.

Neither of these bids was the high bid on the blocks, so the previously reported totals for high bids and all bids remains unchanged. The number of companies participating in the sale remains at 60.

Any reports published and distributed by MMS prior to August 25, 2000, and which show bids by company may be incorrect as indicated above. All such reports have been rerun and the correct reports have been posted on the MMS website.

The MMS regrets this error and apologizes for any inconvenience it has caused.

Final Bid Recap  

Final Bid Recap (316.06 KB) (released December 4, 2000)

Bid Evaluation Results  

Interim Phase II Decision Report (23.75 KB) (as of November 15, 2000)
Final Phase II Decision Matrix (23.75 KB) (as of November 17, 2000)

Notification of EFT 1/5 Bonus Liability  

Notification of EFT 1/5 Bonus Liability (23.75 KB) (released August 23, 2000)

Sale Statistics  

Final Sale Statistics by Bid System (22.92 KB) (released December 4, 2000)

The documents below contain statistical information specific to Sale 177, held on August 23, 2000. The reports organize the data in several different ways.

  • 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 that received bids.  A final bid recap which includes bid acceptance and rejection results will be posted approximately three months after sale day.
  • High Bids Ranked by Bid Amount: (Report 4) Includes information on all high bids in ranked order.
  • Analysis of Bids by Company: Includes information on all bids by all companies. Includes information on all bids by all companies.
  • Summaries of Company Bids: (Report 6) Includes bidding information by companies. Four reports are sorted by company as follows:
  • Sale 177 ZIP File
    This file displays bid information on acreage, royalty rates, and companies participating in this sale.  It contains five 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.  (WinZip was used to compress this file. Please read our disclaimer prior to down loading the file.)    

Lease Sale Map - Bid Distribution  

Lease Sale Map - Bid Distribution (23.75 KB) (released August 23, 2000)

Blocks Receiving Bids  

Blocks Receiving Bids (23.75 KB) (released August 23, 2000)

Miscellaneous Presale Statistics  

Preliminary Sale Statistics (23.75 KB) (released August 22, 2000)

Final Notice of Sale  

Sale Maps

Lease Sale 177 

  Files 

Lease Terms and Economic Conditionspdf file zipped postscript file 
Stipulations and Deferred Blockspdf file zipped postscript file

 *Note: These are enhanced Postscript plot files generated by ArcInfo.  They can be plotted locally.  Version 8.1 of WINZIP was used to compress these files.  Please read our disclaimer prior to downloading files.