Bidding up at US Gulf lease sale

Explorers pay $178 million as competition heats up, more than $50 million above bids in previous exercise

Viable: BOEM Gulf of Mexico regional director Mike Celata

Kathrine Schmidt

Houston

USA Gulf of Mexico Mike Celata DeSoto Canyon BP

Published 16 August 2018, 22:00Updated 15 August 2018, 18:59