Houston oil firms lead $300M Gulf lease sale as new deepwater play heats up
- Posted on December 12, 2025
- By Houston Chronicle
- 3 Views
Houston oil firms lead $300M 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 auction in 2023. Experts say the decline in bids is actually a good...
