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Oil companies offer $382M for offshore drilling rights in last sale before 2025 - Vimarsana News

Oil companies offer $382M for offshore drilling rights in last sale before 2025

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Source: oaoa.com
Oil companies offer $382M for offshore drilling rights... - Vimarsana News

Oil companies offer $382M for offshore drilling rights...

Oil companies have offered $382 million for drilling rights in the Gulf of Mexico after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species

Oil companies offer $382 million for Gulf of Mexico drilling rights - Vimarsana News

Oil companies offer $382 million for Gulf of Mexico drilling rights

Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale...

Oil companies offer $382M for drilling rights in Gulf of Mexico in last offshore sale before 2025 – Metro US - Vimarsana News

Oil companies offer $382M for drilling rights in Gulf of Mexico in last offshore sale before 2025 – Metro US

WASHINGTON (AP) — Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species. The auction was the last of several offshore oil and gas lease sales mandated under the 2022 climate law. […]

Source: metro.us
Oil firms offer $382M for right to drill in Gulf of Mexico after courts reject Biden administration plans to protect an endangered whale - Vimarsana News

Oil firms offer $382M for right to drill in Gulf of Mexico after courts reject Biden administration plans to protect an endangered whale

Companies including Chevron, Hess and BP offered bids on more than 300 parcels covering 2,700 square miles.