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BOEM lease sale targets western Gulf near Mexico

The Bureau of Ocean Energy Management will offer a new round of oil and natural gas exploration rights in the western Gulf of Mexico in August.

The agency announced yesterday that the upcoming sale, known as sale 246, will offer up about 4,000 blocks in the Western Gulf of Mexico Planning Area. The region offshore Texas is home to some major deepwater projects but generally attracts less interest than the Central Planning Area off the coast of Louisiana.

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