Proposed reinstatement of terminated oil and gas leases in Weld County, CO
In accordance with the Mineral Leasing Act of 1920, Okreek Oil and Gas LLC, Bison IV Properties Colorado, LLC, and Morning Gun Exploration LLC, filed timely petitions with the Bureau of Land Management (BLM) for reinstatement of competitive oil and gas leases located in Pawnee Grasslands, Weld County, Colorado. The lessees paid the required rentals that accrued from the dates of termination. The BLM has not issued new leases that affect these lands prior to receiving the petition. The BLM proposes to reinstate these leases because they meet the requirements of the Mineral Leasing Act and BLM regulations and are in conformance with the existing Eastern Resource Management Plan, signed on January 9, 2024.
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.