Arena was the successful high bidder on seven leases in Lease Sale 259 held on held May 29, 2023. These leases totaling 34,965 acres range in water depth from 62 to 217 ft in the Gulf of Mexico, off the coasts of Texas and Louisiana in the Eugene Island, Main Pass, and Matagorda Island areas.
GoM: Arena Energy awarded seven blocks in Lease Sale 259, adding over 34,000 acres to existing footprint on Gulf of Mexico Shelf energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Arena Energy, LLC ("Arena"), a leading independent oil and gas exploration company focused on the Gulf of Mexico Shelf, recently announced it.
Offshore wind energy auctions in the UK and the U.S. have been less than succesful, but in the meantime, the inflation-plagued industry has fared better in Germany