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BLM to hold September lease sale


Copyright © 2021 Roswell Daily Record

The U.S. Bureau of Land Management plans to offer 16 parcels totaling almost 3,214 acres at its September quarterly oil and gas lease sale.

The proposed parcels are located in Eddy, Lea and Chaves counties in New Mexico; Greeley County, Kansas; and Coal and Major counties in Oklahoma. The lease sale is scheduled to occur online at energynet.com on Sept. 5. A 10-day protest period runs from July 8-17.

Leasing is the first step in the process to develop federal oil and gas resources. Revenues from onshore oil and gas production on federal lands directly fund the U.S. Treasury and state budgets, and support public education, infrastructure improvements, and other state-determined priorities. Forty-eight percent of lease sale revenues goes to the state, while the rest goes to the U.S. Treasury. The state also receives half of the revenue from royalties if oil and gas are developed on the lease.

Comments, which can be made public at any time, are encouraged to be substantive and to identify issues relevant to the lease sale. Comments that contain only opinions or preferences, or comments that are essentially identical to other comments, will not be specifically addressed in the environmental review process.

For more information, please contact BLM Land Law Examiner Elizabeth Rivera at (505) 954-2162.

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