BOEMRE moves to raise price of admission for December Gulf lease sale
Oil and gas companies will have a shot at buying new drilling leases in the Gulf of Mexico this December -- but this year, they will pay a higher price to participate in the sale.
View ArticleFirst offshore bids to be opened since spill
The government is set today to auction offshore drilling leases in the western Gulf of Mexico -- the first such sale since the 2010 Deepwater Horizon disaster. Early details suggest there is plenty of...
View ArticleUncle Sam to collect $110 million from offshore oil auction
Oil and gas companies are set to pay the government $110 million in high bids for leases in the western Gulf of Mexico, after an auction Wednesday that underscored the industry's interest in deep-water...
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