US Gulf of Mexico oil and gas auction ends with $46.98 mln in high bids

Wed, 11th Mar 2026 15:13

March 11 (Reuters) - A ⁠sale of drilling rights in ‌the Gulf ⁠of Mexico ended ⁠with $46.98 million in high bids from oil and ‌gas companies, officials with the ‌U.S. Bureau of Ocean Energy ‌Management said on Wednesday.

Winning bidders included BP, Chevron, ‌Shell and Anadarko. The bids ⁠were ⁠read ‌via livestream on BOEM's website. (Reporting by ‌Nichola Groom; Editing by Mark Porter)