Happy Monday!
We always like
to keep up with the happenings of the U.S. Bureau of Land Management (BLM) they
recently had an oil and gas lease sale for federal lands in the continental U.S. Let’s dig in.
Did anyone
happen to read the Oil & Gas Journal’s OGJ Daily Update Newsletter on
September 14, 2026, their article titled, “BLM Wyoming lease sale generates $82
million, Colorado’s sale fetches $4.7 million”? The article goes on to speak on how the U.S. Department
of Interior’s Bureau of Land Management (BLM) recently had their quarterly federal
land oil and gas lease sale for Wyoming and Colorado. The lease sale generated over $82 million for
Wyoming and less than $5 million for Colorado.
The Wyoming sale leased almost 115,000 acres mostly in two counties: Converse
and Campbell. While the Colorado sale leased
less than 15,000 acres, which was way less than the sale in June where they
leased almost 135,000 acres. As with
offshore oil and gas leases the current royalty is 12.5%. We will let you know, if we hear anything
else from the U.S. BLM. If you would
like to read more of the Oil & Gas Journal’s article, please click
the link BLM
Wyoming lease sale generates $82 million, Colorado’s sale fetches $4.7 million
| Oil & Gas Journal.
Our team has
experience in developing hydrocarbon storage facilities as well as helping you
transport your hydrocarbons, so if you too would like to get a project going,
we’re here to help! Don’t forget to
check out our ESC website or
contact us via the email in the Blog!
We hope you have a wonderful evening and a productive week!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **