/PRNewswire/ Arena Energy, LLC ("Arena"), a leading independent oil and gas exploration company focused on the Gulf of Mexico Shelf, recently announced that.
An E&E News analysis of data since the George W. Bush era reveals a steady decline in permitted oil wells, raising questions about the industry's future.
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.
/PRNewswire/ Arena Energy, LLC ("Arena"), a leading independent oil and gas exploration company focused on the Gulf of Mexico Shelf, recently announced it.