In compliance with congressional direction in the Inflation Reduction Act, the Bureau of Ocean Energy Management (BOEM) has accepted 307 highest valid bids from Lease Sale 257 in the Gulf of Mexico, totaling $189,888,271. BOEM originally held the lease sale in November 2021. This is the first step in the Gulf of Mexico getting back to regular lease sales.

TGS offers a wide variety of industry-leading subsurface Gulf of Mexico data covering all the key blocks on offer in Lease Sale 257. This data spans the entire GoM and includes modern 3D surveys in key areas in addition to 2D regional surveys. TGS also offers an extensive library of well log data, production and forecasting datasets, Multibeam Bathymetry, Geochemical Core Analysis, and Post Well Analysis interpretation. 

TGS has extensive 2D and 3D coverage over the GoM Lease Sale 257 area

TGS continues to uplift subsurface imaging of the GoM through modern acquisition and reprocessing initiatives. Advanced imaging techniques are being developed and utilized to further illuminate key subsurface structures and reservoirs providing insight into new exploration prospects. Seismic projects such as the recently announced Amendment Phase 2 as well as Engagement, Amendment Phase 1, Eastern Delta Refocus, and Declaration Refocus, will highlight a new era of exploration and development success. TGS data continues to assist E&P companies to gain a better understanding of both regional and reservoir scale geology, allowing the most effective evaluation of the license areas.

Amendment Phase 2 coverage

KeyFactsEnergy Industry Directory: TGS