The New Mexico BLM office generated $20 billion total, records show, with $18.9 billion coming from oil and gas – the most in the country. The Trump administration postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin Wednesday morning, according to a government web site about the sale. Fossil Fuel leases totaling hundreds of thousands of acres have been suspended as … Two of the most prolific oil and gas basins in the United States are located in New Mexico--the San Juan Basin in the northwest corner The Trump administration abruptly postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin on Wednesday morning without providing a reason for the move. Search for Lea County, NM oil and gas leases by lease name or browse by county to find the lease you're looking for. Revenue from royalties collected if the leases result in producing oil and gas wells is also shared with the host state.

Leases are sold for terms of at least 10 years and then as long as there is production of oil and gas on the land. BLM New Mexico (including Oklahoma, Texas, and Kansas) has one of the largest oil and gas programs in the Bureau. The four-state area has over 45 million acres of mineral estate and more than 2 million acres of Native American mineral estate. NEW MEXICO STATE LAND OFFICE – Oil, Gas, & Minerals Division IMPROVEMENT DAMAGE BOND FOR OIL & GAS LEASES ONE LEASE BOND -- ONLINE Version BOND NO._____ (For use of Surety Company) BOND NO._____ (For use of Land Office) KNOW ALL MEN BY THESE PRESENTS LEASE NO._____ That_____, (an individual) (a partnership) (a corporation organized in the State of _____, … More: Study: New Mexico loses on federal oil and gas leases, industry calls for quicker approvals. Bureau of Land Management (BLM) spokeswoman Allison Sandoval confirmed the delay, which was first announced on a government website. U.S. Suspends More Oil and Gas Leases Over What Could Be a Widespread Problem . She said the agency "will provide further information at a future … Get a high level view of the oil and gas leases, the well locations, the operators for the lease, as well as Lea County, NM oil and gas production.

The Trump administration abruptly postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin on Wednesday morning without providing a reason for the move.


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