First of 30 oil lease sales planned for Gulf of Mexico draws $279 million in bids from companies - Peer2Peer

Washington Times Acc

First of 30 oil lease sales planned for Gulf of Mexico draws $279 million in bids from companies

Dec 10, 2025

Oil companies offered $279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel production.

https://www.washingtontimes.com/news/2025/dec/10/companies-bid-279-million-first-30-oil-lease-sales-planned-gulf/

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