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Appetite for exploration seen in latest offshore oil, gas lease sale
Appetite for exploration seen in latest offshore oil, gas lease sale
ratings:
Length:
14 minutes
Released:
Apr 10, 2023
Format:
Podcast episode
Description
US Gulf of Mexico Lease Sale 259, held at the end of March, was closely watched as the first oil and gas auction offered in that area since November 2021. And given that expectations weren’t too high, the auction actually turned out quite well. It attracted 353 bids across 313 blocks and captured $264 million in apparent high bids – the highest total in six years. S&P Global Commodity Insights senior editor Starr Spencer spoke with George Laguros, a senior research analyst with S&P Global, about the some of the “surprising” results of the offshore lease sale and some interesting, if not unusual, bidding patterns pursued by some of the participants. Stick around after the interview for Binish Azhar with the Market Minute, a look at near-term oil market drivers.
Released:
Apr 10, 2023
Format:
Podcast episode
Titles in the series (100)
Cellulosic ethanol attempts a comeback, and Congress tackles a crude policy framework: On this week’s Capitol Crude, Platts senior editors Brian Scheid and Herman Wang explain how the US Congress is looking to lay the groundwork for future crude oil policy, meaning it's a perfect time to start paying attention to it, despite its reputatio by Capitol Crude: The US Energy Policy Podcast