BLM Idaho State Office to hold oil and gas lease sale
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BOISE – The Bureau of Land Management Idaho will offer leasing rights on eight parcels of land totaling 9,243 acres near Payette, Idaho, within the Four Rivers Field Office, in a competitive oil and gas lease sale on July 27. The lease sale is scheduled for 9 a.m. at BLM Idaho’s State Office at 1387 S. Vinnell Way, in Boise. The registration table will open at 7:45 a.m.
“Two stipulations will be in effect for the parcels,” said Tate Fischer, field manager for the Four Rivers Field Office. “No surface occupancy and no subsurface occupancy will be permitted until the Four Rivers Resource Management Plan is completed, which is scheduled for 2018.”
The lease sale is being held to prevent federally owned oil and gas from being drained without compensation to the United States in the form of royalties.
A notice for the sale was posted to the BLM Idaho website on April 22, 2016.
For additional information on the lease sale visit http://www.blm.gov/id/st/en/prog/energy___minerals/energy.html.
The BLM manages more than 245 million acres of public land located primarily in 12 western states, including Alaska, on behalf of the American people. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. Our mission is to sustain the health, diversity, and productivity of America’s public lands for the use and enjoyment of present and future generations.