| 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 |
| 482 | 2,234,396.80 | $289,960,706 | $415,483,472 | |
| 8 Year | 56 | 322,560.00 | $37,671,795 | $48,932,848 |
| 386 | 2,204,210.09 | $193,310,143 | $251,643,544 | |