BLM Utah will offer 45,006 acres (31 parcels) at its oil and gas lease sale May 22. BLM deferred 34,836 acres of the nearly 80,000 acres originally posted for the sale in response to formal public protests being filed. 

 

The May 2007 Oil and Gas Lease Sale will be the smallest in the last decade— a sharp contrast to 2005 and 2006 sale offerings of 300,000 plus acres. However, the undersized offering is not due to lack of interest by industry. With oil and gas prices still at record highs, industry initially nominated 195,000 acres for the sale.