BP Exploration & Production was officially awarded Green Canyon Block GC 365 (G36431) as of 1 November 2018. The block is expected to expire on 31 October 2025. The block, situated in the East Texas Coastal Basin, was originally offered as part of OCS Lease Sale 251, which was held on 15 August 2018. The sale garnered 171 bids for 144 tracts in both shallow and deepwater from a total of 29 companies. According to officials, a total of US$ 178,069,406 was received in high bids. Following official award, BP Exploration & Production is the operator and sole interest-holder (100% WI + Op) in GC 365.
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