BLM Postpones Sixth Oil & Gas Lease Sale since May
The U.S. government has postponed yet another auction of oil & gas leases previously scheduled to be conducted by the Bureau of Land Management (BLM) in Wyoming, the sixth such postponement since May.
Courtney Whiteman, a spokeswoman for BLM’s Wyoming office, confirmed the delay and said that the 135 parcels which were scheduled to be offered on June 23rd and 24th would be wrapped into another sale scheduled in September. The parcels cover approximately 170,000 acres.
The state of Wyoming is one of the leading producers of oil and natural gas from public lands in the U.S., with the BLM managing millions of acres of public land in the state. The award of leases by the BLM is the first step in the process of developing federal natural resources, but it does not authorize drilling.
Most recently, the lease sale of 2 parcels covering 88 acres in Mississippi scheduled to be auctioned on June 18th was delayed. Prior to this, the BLM had postponed a lease of 7 parcels of land covering 10,459 acres in Nevada, which was scheduled to occur on June 9th. These followed postponements of sales in Utah, Colorado and New Mexico that were expected to take place in May.
The next lease sale on the BLM auction calendar is scheduled to be held in New Mexico in late August.