Tag: lease
Largest oil and gas lease sale in US history set for Gulf of Mexico in March
March 2018 sale to offer 76.9 million acres in Gulf of Mexico U.S. Secretary of the Interior Ryan Zinke announced the Department is proposing the largest oil and gas lease sale ever held in the United States – 76,967,935 acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida, […]
Bureau of Land Management to lease another 1,186 acres in Ohio
84% of Buckeye State residents — a mix of Democrats and Republicans, want to see energy development increased by Jackie Stewart, EnergyInDepth The Bureau of Land Management (BLM) announced late last week it will lease another 1,186 acres in Ohio’s Wayne National Forest (WNF) in an upcoming auction set for March 23. In doing so, […]
Unlawful oil and gas lease cancellations in Bridger-Teton National Forest
“We are ready to work with the Trump Administration to create jobs and economic opportunities.” – Sgamma Kathleen Sgamma of the Western Energy Alliance says the Obama Administration is rushing through new anti-oil and gas rules, including illegally cancelling leases in the Bridger-Teton National Forest of Wyoming. The US Department of Agriculture’s (USDA) has issued the […]
US Gulf Coast blues after meagre Western Lease sale
The underdeveloped infrastructure in the Western Planning Area boosts operator costs, making it even more challenging For the fifth consecutive year, the Gulf of Mexico Western Lease Sale bid count has decreased, with only three companies submitting bids this year, according to an analysis by Wood Mackenzie. Check out the Wood Mackenzie Crude for Thought podcast, in […]
New Mexico BLM oil and gas lease sale set for Sept. 1 in Roswell
Minimum acceptable bid is $2 per acre, leases are awarded for 10 years The New Mexico Bureau of Land Management’s oil and gas lease sale originally set for July 20 has been rescheduled to Sept. 1 in order to ensure adequate public notice. The location of the sale will remain in Roswell, New Mexico. A total of 36 parcels […]
Tall City Exploration closes sale agreement worth $803 Million
Tall City Exploration sold 15,000 acres, 1,400 boepd in Reagan and Crockett Counties, Texas to American Energy in Nov. 2014 MIDLAND, Texas – Tall City Exploration LLC announced today that it has closed an agreement with Moss Creek Resources, LLC to sell substantially all of its exploration and production assets for $803 million. Tall City’s […]
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