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U.S. DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT NEWS RELEASE
STATE OFFICE
 
Release Date: 09/09/13
Contacts: Dave Davis , 775-861-6575 , drdavis@blm.gov
News Release No. 2013-30

BLM to Offer Oil and Gas Parcels in Ely District at Lease Sale on December 10


Reno, Nev.— The Bureau of Land Management (BLM) is holding a competitive oil and gas lease sale on Tuesday, December 10, 2013 at the BLM Nevada State Office,1340 Financial Blvd., Reno. The sale room opens at 8 a.m. for registration and bidding numbers and the sale begins at 9 a.m.

Currently the sale includes 178 parcels totaling 303,333.90 acres. The parcels to be offered at the sale are in the Ely District, which includes the Egan, Schell and Caliente Field Offices. The previous Ely District sale was held on September 11, 2012. That sale generated $194,828.50, selling all 20 parcels offered covering 32,327.97 acres.

A complete summary of the parcels to be offered, a GIS shapefile and other documents related to the sale are available online at www.blm.gov/nv and at the Information Access Center at the BLM Nevada State Office.

The BLM Nevada offers quarterly oil and gas sales. Parcels to include in a sale are nominated by industry representatives well in advance of a sale. The BLM reviews each parcel location for any resource conflicts, which can result in stipulations placed on the parcel, deferral or partial deferral of a parcel. The next sale will be held March 11, 2014 and will include parcels in the Elko District, which includes the Wells and Tuscarora Field Offices.

The lease is for a period of 10 years with annual rentals of $1.50 per acre for the first five years and $2 per acre after that until production begins. Once a lease is producing, a royalty of 12.5 percent is charged. Half of the bid and rental receipts go to the state of Nevada.



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: 09-09-2013