On 1 December 2019, Chevron USA was awarded Desoto Canyon block DC 706 (G36799). The block was originally offered as part of OCS Gulf of Mexico Lease Sale 253, which was held on 21 August 2019 and garnered more than US$ 159 million in high bids. Chevron USA accounted for 17 of the high bids, worth a total of US$ 22.6 million. Following official award, Chevron USA is now the operator and sole interest-holder (100% WI + Op) in DC 706.
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