Lease

The U.S. Bureau of Land Management office in Utah on Thursday posted a proposed list of four parcels totaling 4,175 acres that will be offered in an online oil/natural gas lease sale in the first quarter.

The Alaska Department of Natural Resources Division of Oil and Gas will offer more than 5,000 tracts of state-owned acreage for oil and natural gas leasing Dec. 14 in the Beaufort Sea Areawide 2016W, North Slope Areawide 2016W and North Slope Foothills Areawide 2016 lease sales.

After years of delays, the U.S. Bureau of Land Management (BLM) is proceeding with a competitive oil and gas lease sale for 33 parcels in Ohio’s Wayne National Forest.

The Bureau of Land Management (BLM), which found success in its first online lease auction last month, has rescheduled four other lease sale auctions that were to be conducted in coming weeks to instead be held online in December.

The Bureau of Land Management (BLM) is expected to propose a master leasing plan (MLP) in October for the Tres Rios region in southwestern Colorado that would include provisions allowing oil and natural gas development, but some local industry are skeptical about the prospect.

The U.S. Bureau of Land Management (BLM) on Wednesday conducted its first online lease auction, selling all of its parcels but not disclosing the overall proceeds.

The House of Representatives passed a bill that would allow the Department of Interior (DOI) to conduct offshore oil and natural gas lease sales via the internet. If the bill is ultimately enacted into law, it could thwart efforts by environmental groups to disrupt future auctions.

With opponents peacefully protesting, the U.S. Bureau of Land Management (BLM) held a record-breaking $145.6 million oil/natural gas lease sale Thursday in Roswell, NM.

With opponents peacefully protesting, the U.S. Bureau of Land Management (BLM) held a record-breaking $145.6 million oil/natural gas lease sale on Thursday in Roswell, NM.