BLM modifies parcel list for June 2017 oil and gas lease sale
DENVER – The Bureau of Land Management Colorado has removed 20 parcels totaling 27,529 acres in Grand County from its June 8, 2017, oil and gas lease sale. The BLM will now offer 86 parcels totaling 73,288 acre in Jackson, Routt, Rio Blanco and Moffat counties.
The BLM removed these 20 parcels due to low energy potential and reduced industry interest in the geographic area, as well as concern from local government and the public. The parcels were nominated before the latest revision to the land use plan for the area was completed.
“We understand concerns raised by Grand County and other stakeholders about offering these parcels at this time,” said acting BLM Deputy State Director for Energy Lands and Minerals Kent Walter. “We want to be sure they are still appropriate for leasing.”
To find out more about this and other BLM Colorado lease sales, visit https://www.blm.gov/programs/energy-and-minerals/oil-and-gas/leasing/regional-lease-sales/colorado. In Fiscal Year 2016, oil and gas development on public lands directly contributed $796 million to Colorado’s economy. BLM Colorado received more than $98 million in federal revenues, including royalties, rents and bonus bids, from oil and gas development on public lands. The state of Colorado receives 49 percent of these revenues. Statewide, more than 22,900 jobs are tied to mineral and energy development on public lands.
The BLM manages more than 245 million acres of public land located primarily in 12 Western states, including Alaska. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. The agency’s mission is to sustain the health, diversity, and productivity of America’s public lands for the use and enjoyment of present and future generations. Diverse activities authorized on these lands generated $111 billion in economic output across the country in fiscal year 2019—more than any other agency in the Department of the Interior. These activities supported more than 498,000 jobs.