As the U.S. Congress nears the Oct. 1 deadline to agree on spending legislation, some oil and natural gas industry representatives fear a federal government shutdown would have serious implications for leasing. Congress has until midnight on Saturday to approve a package of 12 bills needed to fund the government. Eight Republican lawmakers have repeatedly…
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November GOM Oil, Natural Gas Auction Reinstated, with Leases Awarded
The Interior Department has reinstated the highest valid bids from a Gulf of Mexico (GOM) oil and gas auction held in November, opening the way for expanding production from the offshore. Interior’s Bureau of Ocean Energy Management (BOEM) on Wednesday accepted 307 high bids from Lease Sale 257, totaling close to $190 million. The only…
September 15, 2022
States Come to BLM’s Defense in Public Lands Leasing Battle
Four states with the most prolific natural gas production on public lands have asked to intervene in a lawsuit against the Interior Department’s Bureau of Land Management (BLM) in defense of a recent oil and gas lease sale. Montana, Oklahoma, Utah and Wyoming have filed a petition to join the lawsuit brought by a coalition…
September 1, 2022
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