Houston oil giants lead $300 million Gulf lease sale as new deepwater play heats up

Oil and gas companies spent $300 million in bids on more than 1 million acres, a decline of around 27% compared to the last ...

First of 30 oil lease sales planned for Gulf of Mexico draws $300 million from companies

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...