The Minerals Management Service
(MMS) has scheduled the next oil and gas lease sale in the Gulf of
Mexico. Western Gulf of Mexico Lease Sale 207 will be held in New
Orleans on August 20, 2008. The Proposed Notice of Lease Sale (PNOS)
207 was published in today’s
Federal Register.
The proposed lease sale encompasses
about 3,400 unleased blocks covering approximately 18 million acres in
the Western Gulf of Mexico Planning Area offshore Texas. The blocks
are located from 9 to about 250 miles offshore in water depths of 16
to more than 10,978 feet (5 to 3,347 meters).
MMS estimates the proposed lease
sale could result in the production of 242 to 423 million barrels of
oil and 1.64 to 2.64 trillion cubic feet of natural gas.
Also, the Notice of Availability of
the Gulf of Mexico, OCS, Western Planning Area, Oil and Gas Lease Sale
207 (2008) Environmental Assessment is complete and ready for review
in today’s
Federal Register.
Terms and conditions for Sale 207
can be found in the
Proposed Notice of Sale posted on the MMS web site. In
addition, copies of the document are available from the MMS Gulf of
Mexico Regional Office, Public Information Unit, 1201 Elmwood Park
Boulevard, New Orleans, Louisiana 70123. Telephone (504) 736-2591,
toll free 1-800-200-GULF.
