Privately owned LLOG Exploration Co. acquired 41 blocks of acreage encompassing in the East Breaks and Alaminos Canyon areas of the deepwater Gulf of Mexico, the company said on July 17. Financial details of the deal weren't disclosed.

The blocks, which span approximately 236,000 acres, sits north of LLOG’s Blacktip and Blacktip North deepwater discoveries in Alaminos Canyon blocks 335, 336, 337, 380, 381 and 424. With the acquisition, LLOG owns a 100% working interest in and is the operator of all 41 blocks.

In third-quarter 2023, LLOG drilled a successful sidetrack on the Blacktip discovery and is planning an appraisal well at Blacktip North in the third quarter of this year.

Offshore