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U.S. DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT NEWS RELEASE
STATE OFFICE
 
Release Date: 11/19/13
Contacts: Dave Davis , 775-861-6575 , drdavis@blm.gov
News Release No. 2014-004

BLM Geothermal Lease Sale Results


Reno, Nev.—The Bureau of Land Management (BLM) Nevada generated $13,888 during its competitive geothermal lease sale held in Reno on Nov. 19. The total area comprised 3,316 acres in four parcels, three in Churchill County and one in Pershing County. The high sale bid on each of the four parcels was $2 per acre. Three of the parcels were sold to Ormat Nevada Inc., and one was sold to Colorado-based Presco Energy, LLC.

Geothermal leases are issued for a 10-year primary term. Annual rental for a competitive lease is $2 per acre for the first year, and $3 per acre for lease years 2 through 10. Annual rental for a noncompetitive lease is $1 per acre for lease years 1-10. Additional environmental analysis would need to be conducted to receive permits to drill or build a facility to develop the energy from the geothermal source.

The BLM offered six parcels totaling 6,260.46 acres. A complete summary of the parcels offered and the winning bids is available at http://www.blm.gov/nv/st/en/prog/minerals/leasable_minerals/geothermal0/ggeothermal_leasing.html

The BLM Nevada is accepting land nominations until January 31, 2014 for parcels to be included in the next geothermal sale, which is tentatively scheduled for September 10, 2014. The BLM reviews nominated parcels for availability, environmental and cultural concerns prior to being placed on the sale list.



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. The BLM's mission is to manage and conserve the public lands for the use and enjoyment of present and future generations under our mandate of multiple-use and sustained yield. In Fiscal Year 2013, the BLM generated $4.7 billion in receipts from public lands.
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STATE OFFICE   1340 Financial Blvd.      Reno, NV 89502  

Last updated: 11-19-2013