Figure 3. The top 15 lease tracts and all tracts drawing bids are 

 indicated for the April 1976 sale (Source: Oil and Gas Journal, 

 April 19, 1976). 



No. 



Block 



No 



Amount 

 bid 



Per 

 acre 



Key 



No 



Block 

 No. 



Amount 

 bid 



Per 



acre 



Bidders 



© 



o 



o 



o 

 o 

 o 



162 



105 



72 



105 

 16! 

 163 



150 



241 



J62.756.352 



61.880,000 



41,104,000 

 40,799,232 

 35.345,550 

 33,683,000 



3^326.000 



28.196.352 



$11,033 



10,869 



7.220 

 7.116 

 6.208 

 5,916 



5,678 



4,953 



Texaco 64%. Allied Chern. 12%, Champ- 

 lin 12%, Diamond Shamrock 12% 



Shed 59%, ARC0 25%, Oil Dev. Co. of 

 Texas 6%, Tex. Eastern 10% 



ARCO 50%. Shell 50% 



Gulf 



Amoco 37.5%, Oxy 37.5%, Idemitsu 25% 



ARCO 45%, Shell 45%, Oil Oev. Co. of 

 Texas (00CT) 10% 



ShH 55%. ARCO 25%, Tex. Eastern 10%, 

 OOCT10% 



Texaco 50%, Allied Chem 12%. Champ- 

 lin 12%, Diamond Shamrock 12%. 

 Acfuitaine 8%. Odeco 6% 



O 



o 



G 

 G 

 O 



O 



329 



73 

 111 

 110 

 284 

 242 



411 



25.132.032 



20,630,000 

 17.011,500 

 15,337.500 

 11,210.000 

 10,847.200 



10,074,100 



4,414 



3,623 

 2,988 

 2,6% 

 1,969 

 1,905 



1.769 



Gulf 35%. Amerada Hess 17.5%, Getty 

 17.5%, Texasgulf Inc. 10%, PanCana- 

 dian Pet. 10%, Superior 5%. Canadian 

 Superior 5% 



ARCO 50%, Shell 50% 



ARCO 50%, Shell 50% 



ARCO 50%. Shell 50% 



Exxon 



Mobil 15%, Skelly 20%, Cities Service 

 20%, Sun 20%, Amer. Petrorina 15%. 

 Hamilton Bros. 10% 



Mobil 37%, Skelly 15%, Citi« Service 

 15%, Sun 18%, Amer. Petrofina 15% 



"All in Icy Bay area 



oci; 



16 



