Lease Sale BBG3 – deepwater action. How did the Big Dogs do?

Gulfwide, Chevron was high bidder for 9 of the 10 blocks they sought vs. 6 of 9 for Oxy, 5 of 8 for Shell, 5 of 6 for BP, and 5 of 5 for Equinor. US supermajors and historically important Gulf producers, Exxon Mobil and ConocoPhillips, were no-shows once again. Bidding was spirited among the […]