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BOEM to offer 21 million acres in the Gulf of Mexico for oil and gas development

Western Gulf of Mexico Lease Sale 238, to be held in New Orleans, Louisiana, on August 20, 2014, will be the sixth offshore sale under the Administration's Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017 (Five Year Program).

Sale 238 will include approximately 4,026 blocks, covering roughly 21.6 million acres, located from nine to 250 miles offshore, in water depths ranging from 16 to more than 10,975 feet (5 to 3,346 meters). BOEM estimates the proposed lease sale could result in the production of 116 to 200 million barrels of oil and 538 to 938 billion cubic feet of natural gas.

 

BOEM Western Sale 238
Date:
 Wednesday, August 20, 2014
Place: Mercedes-Benz Superdome
St. Charles Club Room,Second Floor (Loge Level)
New Orleans, Louisiana