The Bureau of Land Management Eastern States announces December oil and gas lease sale
FALLS CHURCH, Va. – In keeping with the Trump Administration’s goal of strengthening America’s energy independence, the Bureau of Land Management Eastern States announces an online oil and gas lease sale to be held December 17, 2020. The sale will include 15 onshore parcels totaling 1,494.1 acres located in Cleburne, Faulkner, Pope, and Van Buren Counties in Arkansas and Forrest, Jones, Perry and Stone Counties in Mississippi.
Oil and gas leases sales support domestic energy production and American energy independence. The BLM’s energy program follows an all-of-the-above approach that includes oil and gas, coal, strategic minerals and renewable sources, all of which can be developed on public lands.
The online auction will begin at 8 a.m. eastern time on www.energynet.com. Start and stop times for an open bidding period will be clearly identified on the auction website and will run for three hours from start to finish. Bids will be accepted only during this time. The auction website is open to everyone; however, you must register as a bidder on the EnergyNet site before the sale to submit bids for any individual parcel.
The public may protest the parcel being offered in the sale until Nov. 9, 2020. Protests must be postmarked by the due date, addressed to State Director, BLM-Eastern States, 5275 Leesburg Pike, Falls Church, VA 22041; or by fax to: 202-912-7798. Protests submitted by e-mail must be sent to BLM_ES_SO_Lease_Protests@blm.gov.
The sale notice, environmental assessments, maps of the parcels, and the attached stipulations can be found at BLM’s ePlanning site for this lease sale and at https://www.energynet.com/govt_listing.pl.
The Federal government receives a royalty of 12 and one-half percent of the value of production. Each state government receives a 25 percent minimum share of the bonus bid and the royalty revenue from each lease issued in that state.
The BLM manages more than 245 million acres of public land located primarily in the 11 Western states and Alaska. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. In fiscal year 2018, the diverse activities authorized on BLM-managed lands generated $105 billion in economic output across the country. This economic activity supported 471,000 jobs and contributed substantial revenue to the U.S. Treasury and state governments, mostly through royalties on minerals.