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BP Awarded $27 Million in Leases for Gulf Oil, Gas Exploration
BP is officially getting back into deep water exploration in the Gulf of Mexico, the Interior Department announced on Wednesday.
The British energy giant, responsible for the biggest offshore oil spill in U.S. history last year in the Gulf, won $27 million worth of leases to conduct new oil-and-gas exploration in the Gulf. The awards from the Interior Department came in the first Gulf lease sale since the BP spill last year, with all winning bids bringing $337.6 million into government coffers.
The lease sale, which involved oil and gas rights for tracts in the western Gulf, attracted 241 bids from 20 companies totaling $712 million, Interior Secretary Ken Salazar said.
BP bid a total of $109.9 million on 15 leases and won 11 for $27.4 million, Interior's Bureau of Ocean Energy Management reported in a list of sales posted on its website.
The lease sale, which involved oil and gas rights for tracts in the western Gulf, attracted 241 bids from 20 companies totaling $712 million, Interior Secretary Ken Salazar said from the site of the sale in New Orleans.
ConocoPhillips made the highest total bids in the lease sale, offering $173.2 million for 97 leases; the company received 75 leases for $157.8 million, according to a list released by Interior on Wednesday afternoon.
BP bid a total of $109.9 million on 15 leases and won 11 for $27.4 million, Interior's Bureau of Ocean Energy Management reported.
"This marks a milestone with respect to the greatest overhaul in the America’s history,” Salazar said of the offshore-drilling safety reforms and changes implemented by Interior since the April 2010 explosion of a BP well in the Gulf led to the worst offshore oil spill in U.S. history. “We believe we can move forward with oil and gas development.”
Salazar's initial announcement did not include any mention of whether BP was awarded any leases, but the British oil giant had made clear for months that it intended to get back into deepwater exploration in the Gulf as quickly as possible. BP was not excluded from bidding on any leases, much to the chagrin of environmentalists who say the company should be banned from further drilling until last year's spill has been fully cleaned up.
Former Bureau of Safety and Environmental Enforcement Director Michael Bromwich in October defended the Interior’s decision to include BP in the lease sale.
“They don’t have a deeply flawed record offshore,” he said of BP. “We’ve done analyses over time on the relative safety records of offshore operators and they were in close to the top crew.”
“The question is, do you administer the administrative death penalty based on one incident?," Bromwich told reporters. “And we've concluded, I’ve concluded, that's not appropriate in these circumstances."
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11 Comments so far
Show AllGreg Palast's " Vulture's Picnic " totally exposes BP's crimes.
The US Government serves only the corporations!
The US Government is not a Democracy, it does not serve it citizens, or is it controlled by it's citizens. There are no checks and balances just like there is no Santa Claus. The citizens of the US are ruled by a black gloved Inverted Totalitarian state on the verge of flipping to a complete Tyranny.
Voting on a candidate, any candidate, is a total waste of time, time which should be spent doing all you can to bring down The Criminal Ruling Elite that infest our Republic and who's aim is to create neo-serfdom which will propel their power and blood thirsty dominance.
If this is a surprise, you are delusional.
Quelle surprise!
Time for the BP supply chain to start experiencing severe delivery issues...
Did you know that monkeys can use wrenches? I'm all for that.
Yep. It'd be a damn shame if the lugnuts on BP trucks just kept falling off...
Things happen. : )
Remember when Obama told BP NOT to spray Corexit to "disperse" the oil from their appalling spill? BP arrogantly sprayed anyway and Obama and his spineless Justice Dept. did NOTHING. This despite BP's awful safety and environmental record in several states and the fact that they are not even a U.S. corporation. Now, we hear about this. No surprises. To Barry, just like Bush, everything is for sale. Looks like the natural world is going to have to do without "Hope and Change" just like the rest of us.
That was last year, this is now. We're not supposed to dwell on the past.
"They don’t have a deeply flawed record offshore,” he said of BP. “We’ve done analyses over time on the relative safety records of offshore operators and they were in close to the top crew.”"
If they close to the top, I'd like to know who is at the bottom? Did they provide names?
Unbelievable, do these people have any shame at all? If the "close to top crew" ended up with reckless disregard for safety procedures, blew up a giant rig, killed 11 oil workers and spewed 200 million gallons of oil into the Gulf then what the hell did the folks at the bottom do?
BP, they should change their name to BS.....Ooops, this applies to Michael Bromwich, “We’ve done analyses over time on the relative safety records of offshore operators and they were in close to the top crew.” Give me a break, this is like comparing a rapist to others in prison for sexual crimes and saying he was as good as the rest so we'll release him.......