WebAs of August 16, 2024, (Inflation Reduction Act of 2024) the BLM will only issue competitive leases for oil and gas exploration and development on lands owned or controlled by the Federal Government. The noncompetitive oil and gas leasing process has been eliminated. Web(a) With the BLM 's approval, you may assign, in whole or in part, any right or interest in a grant or lease. Assignment actions that may require BLM approval include, but are not limited to, the following: (1) The transfer by the holder (assignor) of any right or interest in the grant or lease to a third party (assignee); and
Oil and Gas Leasing – Land Use Planning and Lease Parcel
WebJun 15, 2005 · Over the last five years, the BLM has disposed of nearly 20,000 acres of public land through the R&PP process and currently has under lease an additional … WebFeb 16, 2024 · WASHINGTON, D.C. — Today, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources (ENR), blasted the Bureau of Land Management (BLM) for ignoring the deadline to announce onshore oil and gas lease sales for the first quarter of this year. tst wax paper
BLM Realty Programs U.S. Department of the Interior
WebMar 23, 2016 · Through its leasing program, the BLM offered over 4 million acres for sale in Fiscal Year (FY) 2015. Of those, industry bid on just over 600,000 acres, or roughly 15 percent of the total acres offered. Those sales generated $142.9 million in bonus bids and rental fees for the U.S. Treasury and the states where the leases are located. WebApr 9, 2010 · BLM said the extra reviews will allow it to provide assurances to industry so it can move forward with greater certainty in leasing parcels and developing oil and gas resources. Mary Apple, spokeswoman for the BLM Montana office, said the agency is hoping to complete the reviews by "early fall" and that the lease sales will not be … WebJan 15, 2024 · At the same time, the BLM has ramped up oil and gas lease sales in New Mexico. The land managed by the Carlsbad office is now being leased four times as fast as it was just three years ago. “You have this perfect storm,” Calman said, referring to the boom in the Permian Basin. tst water llc