Spender

ExxonMobil subsidiary XTO Energy Inc. was the big spender in the Bureau of Land Management’s (BLM) quarterly oil and gas lease sale in Salt Lake City Tuesday, bidding $38.8 million for four parcels covering 3,982 acres in the Uinta Basin in Carbon County, UT. The BLM received bonus bids totaling $49.4 million for 8,271 acres in 11 of the 13 offered parcels. The other major bidder was Bill Barrett Corp., which won two parcels covering 1,773 acres, also in Carbon County, with bonus bids totaling nearly $10 million. The producer submitted the highest total bid per acre: $12,100 on parcel No. 20 containing 811 acres.