Oil and Gas Lease Sale Results
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The Bureau of Land Management (BLM) Oregon State Office announced that none of the four parcels offered at today's Oil and Gas Lease Sale received a bid. All four parcels, totaling approximately 5,342 acres, are in Wheeler County near Mitchell, Oregon. BLM lease sales are competitive and conducted by oral bidding. The parcels that received no bids or offers remain available for two years to non-competitive offers. To see the quarterly oil and gas lease sale notice and the competitive bid results for the March 12, 2009 auction please go to: blm.gov/or/landsrealty/oilandgas.php The Mineral Leasing Act of 1920 and the 1987 Federal Onshore Oil and Gas Leasing Reform Act authorize leasing of Federal oil and gas resources. The 1987 law, which amended the Mineral Leasing Act, requires each BLM state office to conduct oil and gas lease sales on at least a quarterly basis. This sale was consistent with the 1969 National Environmental Policy Act (NEPA) and with the BLM's existing land-use plans, which guide management of all activities on BLM public lands.
The BLM manages more than 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.