Players spend in US Gulf despite downturn
Companies bid conservatively at this week’s US Central Gulf lease sale amid low oil prices, but continued to shore up their leaseholds as they made $156.39 million in high bids in the prolific basin.
Companies bid conservatively at this week’s US Central Gulf lease sale amid low oil prices, but continued to shore up their leaseholds as they made $156.39 million in high bids in the prolific basin.