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Deepwater Exploration By The Numbers Deepwater Exploration By The Numbers

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POWER PLAY

Deepwater Exploration By The Numbers

Oil and gas exploration in the Gulf of Mexico is marked by two notable features: the dominance of a few major players and their push into ever-deeper waters in search of resources.

 

Summarized here are statistics from the most recent lease sales in the Gulf of Mexico held in 2009 and 2010, totaling 978 blocks that attracted $1.8 billion in winning bids. The lease sales and map data used were provided by the Minerals Management Service.

This article appears in the May 15, 2010 edition of NJ Daily.

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