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Bureau of Ocean Energy Management: Gulf of Mexico Oil and Gas Lease Sale 261 Results Announced
December 21, 2023
NEW ORLEANS, Louisiana, Dec. 21 -- The U.S. Department of the Interior's Bureau of Ocean Energy Management issued the following news release on Dec. 20, 2023:

As required by the Inflation Reduction Act, the Bureau of Ocean Energy Management (BOEM) today held Gulf of Mexico Oil and Gas Lease Sale 261. The sale generated $382,168,507 in high bids for 311 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. A total of 26 companies participated in the lease sale, s . . .

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