Government to auction off Gulf oil, gas leases

Apr 25, 2013 | 05:30 PM | Thorsten Schier

Tags  Department of the Interior, Gulf of Mexico, Sally Jewell, lease sale, oil, natural gas, oil and gas

NEW YORK — The U.S. Department of the Interior is offering more than 21 million acres offshore Texas for oil and gas exploration in a lease sale.
The sale will include 3,953 blocks located between 9 and 250 miles offshore in water between 16 and 10,975 feet deep. The Bureau of Ocean Energy Management (BOEM) estimates that the area could produce 116....





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