A number of additions and improvements have been made to the Bidding/Block Evaluation portion of the Business Planning Add-on over the summer. The most recent integrates BOEM's official list of blocks available for the upcoming sale once it is released. Previously, blocks included in the analysis was always based on expiration and expected expiration dates.
Fig. 2. Bid likelihood of deepwater blocks in Sale 251.
Reports have also been changed to more easily see a graph of each variable and the relative importance of it to each company and a graph of each company with the variables that have been most important to it over time.
Fig. 3. Importance of proximity to platforms prior to Sale 251.
Fig. 4. Most important variables to ExxonMobil prior to Sale 251.
More detailed analyses will be coming out in future newsletters and published articles. For a quick overview in a web meeting, contact us here.