Leases

Competitive Oil, Natural Gas Lease Sales Linked to Higher Government Revenues, GAO Finds

Competitive Oil, Natural Gas Lease Sales Linked to Higher Government Revenues, GAO Finds

Federal onshore oil and gas leases awarded through competitive auctions have generated substantially higher production volumes and government revenues in recent years than noncompetitive federal leases, according to new analysis by the U.S. Government Accountability Office (GAO). Lease sales are conducted by the Department of the Interior’s Bureau of Land Management (BLM), either via auction…

December 11, 2020
Forest Service Seeking to Streamline Oil, Natural Gas Project Approvals Through Rule Change

Forest Service Seeking to Streamline Oil, Natural Gas Project Approvals Through Rule Change

The U.S. Forest Service (USFS) is proposing to streamline the approval process for oil and natural gas development in national forests and grasslands. The proposed rule, issued on Tuesday, is posted in the Federal Register and available for public comment until Nov. 2. The overhaul, part of a larger mandate by the Trump administration to…

September 3, 2020
BOP, Montage, Others Gain Leases in Ohio’s Wayne National Forest and Beyond

BOP, Montage, Others Gain Leases in Ohio’s Wayne National Forest and Beyond

The Bureau of Land Management’s (BLM) Eastern States Office said its latest oil and gas lease sale for properties in Alabama, Mississippi, Louisiana and Ohio brought in nearly $1.4 million.

September 20, 2019
Interior’s GOM Auction in August to Offer 14,500-Plus Leases

Interior’s GOM Auction in August to Offer 14,500-Plus Leases

The Interior Department will try once again in August to see if its strategy of offering every available unleased area in the Gulf of Mexico (GOM) to oil and gas operators is viable.

July 19, 2019

North Dakota Supreme Court Sides with State in Newfield Royalties Case

The North Dakota Supreme Court has sided with the state in a ruling against Newfield Exploration Co., now part of Encana Corp., which it said had underpaid oil and gas royalties.

July 17, 2019

BOEM’s August Auction Again Offering Every Available Area in GOM for Oil, Gas Leasing

The Bureau of Ocean Energy Management (BOEM) is preparing a lease sale for August that again would provide region-wide access to oil and natural gas producers across an estimated 78 million acres.

March 14, 2019
GOM Region-Wide Sale to Offer 14,700 Blocks in Shallow, Deepwater

GOM Region-Wide Sale to Offer 14,700 Blocks in Shallow, Deepwater

The Interior Department’s Bureau of Ocean Energy Management next month plans to offer 78 million acres for oil and natural gas prospecting in the Gulf of Mexico (GOM), basically all available unleased areas in federal waters.

February 19, 2019
Utah Oil, Gas Lease Sale Nets $3M

Utah Oil, Gas Lease Sale Nets $3M

The Bureau of Land Management (BLM) in Utah reported net proceeds of slightly more than $3 million from an oil and natural gas auction this month that drew bids on 96 of 105 parcels offered.

December 12, 2018

West Virginia Files to Dismiss EQT Lawsuit on Flat-Rate Leases, Royalties

West Virginia has filed a motion to dismiss EQT Corp.’s federal lawsuit challenging the state’s flat-rate lease statute, arguing that the state can’t be coerced by the company to reverse its laws.

June 6, 2018

EQT Suing West Virginia Over Flat-Rate Leases, Royalties

EQT Corp. has filed a lawsuit in federal court arguing that West Virginia’s flat-rate lease statute is unconstitutional. Legislators last month passed a bill prohibiting post-production expenses from being deducted from flat-rate royalties.

April 16, 2018
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