A recent quarterly lease sale for Texas, New Mexico and Oklahoma by U.S. Bureau of Land Management resulted in total receipts of $139,021,741 for the federal government and the states where parcels are located. BLM said the Aug. 20 sale “is the latest in a series of successful sales in New Mexico, underscoring strong industry demand for domestic energy development on public lands.” This calendar year lease sales in New Mexico have generated more than $4.4 billion.
Twenty-five parcels with total area of 20,334 acres were included in the sale. BLM said another lease sale is scheduled Nov. 18 for 30 oil and gas parcels totaling 8,071 acres in Texas, New Mexico, Oklahoma and Kansas.
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