Interest in Gulf oil drilling rights leases stumbles
Highlights from Timothy Cama’s story (Bids for offshore drilling rise slightly, The Hill) regarding the results of the March 21, 2018, auction of oil drilling rights in the Gulf. “In total, 14,474 tracts were available for bidding. But only 148 tracts had any bids, just over 1 percent.” “Of the 148 tracts sold Wednesday, all but […]
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