The Minerals Management Service (MMS) has scheduled the next oil and gas lease sale in the Gulf of Mexico. Western Gulf of Mexico Lease Sale 210 will be held in New Orleans on August 19, 2009.
The proposed lease sale encompasses about 3,400 unleased blocks covering approximately 18 million acres in the Western Gulf of Mexico Planning Area offshore Texas. The blocks are located from 9 to about 250 miles offshore in water depths of 16 to more than 10,975 feet (5 to 3,346 meters).
MMS estimates the proposed lease sale could result in the production of 242 to 423 million barrels of oil and 1.64 to 2.64 trillion cubic feet of natural gas.
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Minerals Management Service
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