BLM oil and gas lease sales generate $360 million in 2017

January 31, 2018

In advancing the administration's goals of promoting America's energy independence, the Bureau of Land Management state offices in 2017 generated nearly $360 million from oil and gas lease sales, an 86 percent increase over the previous year's results of $192.5 million. Among these sales, which together were the highest in nearly a decade, rights to a total of 949 parcels, covering 792,823 acres, were sold.

"Oil and gas lease sales on public land directly support domestic energy production and the President's energy dominance and job growth priorities for America," said Deputy Secretary of the Interior David Bernhardt. "2017 was a big year for oil and gas leasing on federal lands, and these sales provide critical revenue and job growth in rural America. We will continue to work into the next year to identify and modify unnecessary regulations that impede responsible energy development."

"These results are hard proof that our sound energy policy is working for both public lands and Americans in terms of reliable power and job growth opportunities," said Brian Steed, BLM Deputy Director for Policy and Programs. "Going into the new year, we remain committed to an era of American energy dominance through our multiple-use mission that ensures opportunities for commercial, recreational, and conservation activities on healthy and productive public lands."

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