Proposed reinstatement of BLM New Mexico terminated oil and gas leases: NMNM 134884; NMNM 134885; NMNM 141886
In accordance with the Mineral Leasing Act of 1920, as amended, the Bureau of Land Management (BLM) received a petition for reinstatement of terminated competitive oil and gas leases from Blackbeard Operating, LLC (NMNM 134884, NMNM 134885; serial numbers NMNM105373864 and NMNM105373865, respectively) and EOG Resources (NMNM 141886; serial number NMNM105517491). The lessee timely filed petitions for reinstatement of competitive oil and gas leases located in Eddy and Lea counties, New Mexico. The lessees paid the required rentals accruing from the date of termination. No leases have been issued that affect these lands. The BLM proposes to reinstate the leases.
The BLM manages about 245 million acres of public land located primarily in 12 western states, including Alaska, on behalf of the American people. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. Our mission is to sustain the health, diversity, and productivity of America’s public lands for the use and enjoyment of present and future generations.