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Coverage dated August 12, 2026

Third Gulf oil lease auction in 8 months brings in $82.7M

Headline from The Center Square

(The Center Square) –The federal government’s auction of offshore oil leases in the Gulf of America on Wednesday brought in $82.7 million in high bids, as participating companies showed strong interest in waters just off the south Texas coast and…

The Center Square's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

3 articles, oldest first.

  1. Oil Price

    Trump Puts 81 Million Gulf Acres Up for Oil and Gas Auction (opens Oil Price)

    Published

    Oil Price's feed description

    The Trump administration will put oil and gas leases covering more than 81 million acres in the Gulf of Mexico up for auction on Wednesday, August 12, in the third of 30 Gulf lease sales mandated under President Donald Trump’s 2025 tax and spending law.

  2. Washington Examiner

    Third Trump Gulf of America offshore oil and gas lease auction draws weak bidding (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    The Trump administration held its third offshore lease sale for oil and gas drilling in the Gulf of America, drawing weaker bidding and less than a third of the revenue generated from the first auction last year.

  3. The Center Square

    Third Gulf oil lease auction in 8 months brings in $82.7M (opens The Center Square)

    Published

    The Center Square's feed description

    (The Center Square) –The federal government’s auction of offshore oil leases in the Gulf of America on Wednesday brought in $82.7 million in high bids, as participating companies showed strong interest in waters just off the south Texas coast and…

Third Gulf oil lease auction in 8 months brings in $82.7M | Since Then