Leases

The Bureau of Land Management (BLM) on Friday issued proposed, updated regulations to ensure accurate measurement, accountability and royalty payments for oil and natural gas production from federal and Indian leases.

The Bureau of Land Management (BLM) on Friday issued proposed, updated regulations to ensure accurate measurement, accountability and royalty payments for oil and natural gas production from federal and Indian leases.

The U.S. Department of Interior has finalized its Indian Oil Valuation Amendments, which expand and clarify a major component of tribal oil and natural gas leases pertaining to how royalty payments are calculated.

The U.S. Department of Interior (DOI) has finalized its Indian Oil Valuation Amendments, which expand and clarify a major component of tribal oil and natural gas leases pertaining to how royalty payments are calculated.

The Department of Interior (DOI) followed through on its promise last month to begin taking public comments over a proposal to empower the Bureau of Land Management (BLM) to adjust royalty rates for drilling on public lands.

The Department of Interior (DOI) followed through on its promise last month to begin taking public comments over a proposal to empower the Bureau of Land Management (BLM) to adjust royalty rates for drilling on public lands.

In a long-standing war zone for energy developers and environmentalists fighting over proposed drilling in the Thompson Divide area of western Colorado, local county, industry and environmental officials are working on a land exchange proposal that could resolve the ongoing warfare through congressional action endorsed by Colorado’s two U.S. senators and a House member.

Six years of turmoil were ended Friday with a federal-state settlement of the disputed oil/natural gas drilling leases on Colorado’s Roan Plateau along a pristine portion of the Western Slope near Rifle, CO. The deal provides for protections, some drilling, 17 of 19 leases by one company to be rescinded, and other leaseholders in a designated base area to hang on to their holdings.

Ohio’s Seventh District Court of Appeals has reversed a key decision by a lower court and ruled in favor of a small oil and gas company in a class action case that affected hundreds of angry landowners and threatened the industry’s ability to protect the terms of its leases.