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  • Gulf lease sale to open 38M acres to drilling

    February 7, 2013 4:02 PM

    NEW ORLEANS (AP) Federal regulators plan March 20 to put more than 38 million acres in the central Gulf of Mexico up for bid to offshore energy producers. The U.S. Department of the Interior's Bureau of Ocean Energy Management, which regulates offshore drilling, said Thursday the New Orleans sale will... more »
  • Deepwater tracts star in Gulf oil tract auction

    November 28, 2012 6:42 PM

    NEW ORLEANS (AP) Deep water got nearly all the bids in the third federal oil and gas lease in the Gulf of Mexico since the BP oil spill. Of $133.8 million in winning bids, only $4.6 million was for areas less than a half-mile underwater. Chevron USA Inc. and ConocoPhillips... more »
  • Deepwater tracts star in Gulf oil tract auction

    November 28, 2012 5:38 PM

    NEW ORLEANS (AP) Deep water got nearly all the bids in third federal oil and gas lease in the Gulf of Mexico since the BP oil spill. Of $133.8 million in winning bids, only $4.6 million was for areas less than a half-mile underwater. Chevron USA Inc. and ConocoPhillips Co.... more »
  • Deepwater tracts star in Gulf oil tract auction

    November 28, 2012 12:53 PM

    NEW ORLEANS (AP) Deepwater tracts got nearly all the bids in the third federal oil and gas lease sale of the year for the Gulf of Mexico. Of $133.8 million in high bids taken Wednesday in an auction at the Superdome, only $4.6 million was for areas less than a... more »
  • Plans finalized for Gulf lease sale off Tex. coast

    October 26, 2012 10:30 AM

    NEW ORLEANS (AP) Federal regulators have firmed up plans to put more than 20 million acres off the coast of Texas up for bid to offshore energy producers next month. The Obama administration says the lease sale will be held Nov. 28 in New Orleans. The sale marks the first... more »
  • Plans finalized for Gulf lease sale off Tex. coast

    October 26, 2012 8:22 AM

    NEW ORLEANS (AP) Federal regulators have firmed up plans to put more than 20 million acres off the coast of Texas up for bid to offshore energy producers next month. The Obama administration says the lease sale will be held Nov. 28 in New Orleans. The Times-Picayune reports (http://bit.ly/R5Xd1o )... more »
  • Sale set for oil and gas leases off Texas coast

    July 23, 2012 12:49 PM

    WASHINGTON (AP) The Department of the Interior will offer more than 20 million acres off the Texas coast for oil and gas exploration in a lease sale. Interior Secretary Ken Salazar announced Monday that the sale will take place in New Orleans on Nov. 28. The 20.5 million acres are... more »
  • Gulf lease sale nets $1.7B in winning bids

    June 20, 2012 4:58 PM

    NEW ORLEANS (AP) The federal government's first auction of offshore petroleum leases in the same area where the Deepwater Horizon exploded in 2010 brought in $1.7 billion in winning bids Wednesday, prompting Interior Department Secretary Ken Salazar to declare great strides are being made to get drilling back on track... more »
  • Gulf oil and gas leases go on sale

    June 20, 2012 3:05 AM

    NEW ORLEANS (AP) The federal government is set to sell off oil and natural gas leases in the central Gulf of Mexico off the coasts of Louisiana, Mississippi and Alabama. The sale, taking place in the Superdome, starts at 9 a.m. CDT and ends at noon, when the U.S. Department... more »
  • Offshore lease sale set for June

    January 26, 2012 6:30 AM

    NEW ORLEANS (AP) The Department of Interior says it has set a June date for the next Gulf offshore oil and natural gas lease sale. The sale will include all available unleased areas in the Central Planning Area offshore Louisiana, Mississippi and Alabama. The sale will take place in New... more »

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