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Nearly $300 million in Gulf drilling bids could bring more jobs to Louisiana, industry supporters say
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Nearly $300 million in Gulf drilling bids could bring more jobs to Louisiana, industry supporters say
NEW ORLEANS — Oil companies offered nearly $300 million for offshore drilling rights in the Gulf this week, as the Trump administration looks to ramp up domestic oil production.Thirty companies submitted over 200 bids for tracts off the coast in the Gulf, with a large portion of those bids near Louisiana's coast. Chevron and BP were among the highest bidders."We had the first lease sale in quite a while. It's really an exciting moment for Louisi…
·Baton Rouge, United States
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