Bureau of Land Management’s latest oil and gas lease sales go for over $8M
The sale drew 10 lease holders and covered more than 42,500 acres, as the agency’s quarterly offering remained its largest since 2020.
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5 Articles
Bureau of Land Management’s latest oil and gas lease sales go for over $8M
The Bureau of Land Management had its largest quarterly sale of oil and gas leases in Colorado since 2020. It generated nearly $8.1 million from 68 parcels in its March 2026 sale. In total, the leases cover over 42,500 acres across Weld, Arapahoe, Jackson, Routt, Delta, Gunnison, Mesa, Rio Blanco and Garfield counties. The March sale was the third conducted in Colorado under the new presidential administration, which has ushered in a new era u…
BLM lease sales in three states generate $65 million, signal stronger onshore drilling outlook
(World Oil) – U.S. Bureau of Land Management lease sales across Colorado, Nevada and Utah generated $64.8 million in total revenue, reflecting continued interest in federal onshore acreage. The agency leased 136 parcels covering 131,121 acres during its latest quarterly sale, with revenue distributed between federal and state governments. Utah accounted for the majority of proceeds, generating $56.4 million from 57 parcels totaling 68,632 acres.
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