The BOEM has awarded Ecopetrol and Repsol 50:50 rights to 4 deepwater blocks in the GoM, namely Garden Banks 77, 78, 121 + 122 in WD 240m. Rights were granted for 5 years from Lease Sale 249 held on held on 16 Aug â17 in New Orleans.Â  It is recalled 99 bids were placed on 90 tracts from 27 companies. Total had offered the single highest bid, over USD 12 MM for Garden Banks block 1003. 
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