BLM reschedules oil and gas lease sale to June
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MEEKER, Colo. – The Bureau of Land Management has rescheduled the competitive oil and gas lease sale originally planned for May 2017 to June 8, 2017.
The BLM is considering offering 100,000 acres of federal minerals in northwestern Colorado for oil and gas leasing. A final announcement of the parcels being offered will be announced March 10, 2017, initiating a 30-day protest period.
The proposal includes 20 parcels totaling 27,529 acres in Grand County; 12 parcels totaling 9,155 acres in Jackson County; four parcels totaling 1,928 acres in Moffat County; 45 parcels totaling 45,159 acres in Rio Blanco County; and 25 parcels totaling 16,885 acres in Routt County.
More information about the parcels about BLM Colorado oil and gas lease sales can be found at http://on.doi.gov/2fAHITp.
The State of Colorado receives 49 percent of the proceeds from each mineral lease sale and from mineral royalties, with the remainder going to the U.S. government. In Fiscal Year 2015, Colorado received about $247 million from royalties, rentals and bonus bid payments for all federal minerals, including oil and gas. Statewide, more than 22,900 jobs are tied to mineral and energy development on public lands.
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.