Salazar to attend federal oil and gas lease sale
Published: March 20,2013
GULF OF MEXICO — U.S. Interior Secretary Ken Salazar will be on hand when federal regulators put more than 38 million acres in the central Gulf of Mexico up for bid to offshore energy producers.
The sale in New Orleans will begin at 9 a.m. today in the Superdome and include about 7,299 federally-owned drilling tracts, three to 230 miles off the coasts of Louisiana, Alabama and Mississippi. The tracts are in water depths of nine to more than 11,115 feet.
It’s estimated the sale could lead to the production of 460 million to 890 million barrels of oil, and 1.9 trillion to 3.9 trillion cubic feet of gas.
After the sale, Salazar will travel to Louisiana’s Big Branch Marsh National Wildlife Refuge to see the progress of a marsh restoration project.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Peavey's wellness program honored after workers drop 1,000 pounds
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- Mississippi Film Studios signs contract with New Orleans company
- State renews battle over water use with city of Memphis
- Mars Food expanding Delta plant; investing $31M and adding jobs
- DAVID DALLAS: You say “Obama”, I say “Ebola”
- Biloxi baseball project still alive but may be held for 2015