Auction

The U.S. Bureau of Land Management (BLM) on Thursday sold all of its four parcels and 4,174.46 acres offered in an oil/gas lease auction, pulling in bonus bids that totaled $110,263.

The U.S. Bureau of Land Management (BLM) on Thursday auctioned another 1,147 acres in Ohio’s Wayne National Forest for oil and natural gas development, earning more than $5.1 million that will be distributed between the state and federal government.

The Gulf of Mexico oil and natural gas auction held Wednesday attracted two high bids for more than $20 million and four others for $10 million-plus, a sure sign that the energy industry is suiting up for a dive back into the offshore.

The U.S. Bureau of Land Management (BLM) on Monday launched a public comment period for a proposed oil and natural gas leasing sale in December that covers 28 parcels in northwestern Colorado within the Piceance Basin.

Mexico’s first auction to reserve natural gas importation capacity produced its winners on Friday.

The last piece in Mexico’s inaugural natural gas market opening process fell into place this week as pipeline network system operator Centro Nacional de Control de Gas Natural (Cenagas) on Monday published terms for its first importation infrastructure capacity auction, to be held on Friday (Feb. 17).

In an effort to modernize its oil and gas program, the Bureau of Land Management (BLM) said it will conduct lease sales online beginning next month.

Seven months after holding its most successful auction for oil and natural gas lease blocks, the Mexican government began the process for its second round of tenders, this one for 15 offshore exploration blocks in the shallow Gulf of Mexico (GOM).

The New Mexico office of the Bureau of Land Management (BLM) said it has postponed an oil and gas lease sale of Permian Basin property scheduled for Wednesday until early September on the grounds that it wants to provide adequate public notice of the sale.