Last updateThu, 09 Jul 2020 3pm

End-User News

Oil and Gas Activity Boosts Government Finances

The production of energy and natural resources, particularly oil and gas operations, on BLM-managed lands led to a dramatic increase in economic activity in 2018. In fiscal year 2018, the Bureau of Land Management (BLM) offered nearly 13 million acres for leasing. Federal onshore oil production increased to 214.1 million barrels of oil during fiscal year 2018, compared to 174 million barrels in fiscal year 2017. New renewable energy projects were also initiated.

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