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Last updateThu, 21 Feb 2019 3pm

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End-User News

BLM Has Record Year in Oil & Gas Lease Sales

The Bureau of Land Management (BLM) state offices generated $1.1 billion from oil and gas lease sales in calendar year 2018, an amount nearly equal to the BLM’s budget for Fiscal Year 2018, and the highest-grossing year on record, nearly tripling what had been the agency’s highest year ever in 2008, which generated approximately $408 million. In 2017, oil and gas lease sales generated $358 million. 

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