U.S. DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT NEWS RELEASE
Nevada State Office
Nevada State Office
| Contacts: | Elisabeth Puentes | , 775-861-6615 | , epuentes@blm.gov |
BLM Competitive Oil and Gas Lease Sale Scheduled for Tuesday, September 11, 2012
Reno, Nev.--The Bureau of Land Management (BLM) Nevada is holding a competitive oil and gas lease sale on Tuesday, September 11 at the BLM State Office located at 1340 Financial Blvd., in Reno. The sale room will open at 8 a.m. for registration and bidding numbers and the sale begins at 9 a.m. The parcels offered are located in the Ely District.
The notice, a parcel list, associated stipulations, and an amendment are available in the Information Access Center at the BLM Nevada State Office at 1340 Financial Blvd., and online at the BLM Nevada website at: www.blm.gov/nv. The website also provides a Geographic Information System shapefile of the parcels.
Annual rental for an oil and gas lease is $1.50 per acre for the first five years, and $2 per acre for any subsequent year. Additional environmental analysis would need to be conducted to receive an application for permit to drill.
The BLM manages more than 245 million acres of public land, the most of any Federal agency. This land, known as the National System of Public Lands, is primarily located in 12 Western states, including Alaska. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. In Fiscal Year (FY) 2011, recreational and other activities on BLM-managed land contributed more than $130 billion to the U.S. economy and supported more than 600,000 American jobs. The Bureau is also one of a handful of agencies that collects more revenue than it spends. In FY 2012, nearly $5.7 billion will be generated on lands managed by the BLM, which operates on a $1.1 billion budget. The BLM's multiple-use mission is to sustain the health and productivity of the public lands for the use and enjoyment of present and future generations. The Bureau accomplishes this by managing such activities as outdoor recreation, livestock grazing, mineral development, and energy production, and by conserving natural, historical, cultural, and other resources on public lands.
Nevada State Office 1340 Financial Blvd., Reno NV 89502