Ranger Minerals
  • Our Company Who We Are
  • Opportunities Buy or Sell
    • Minerals/Royalties
      • Overview
      • Oil and Gas Royalties: The Complete Guide
      • What Are Mineral Rights? Ownership, Value, Surface Rights, and Key Terms
      • Selling Mineral Rights: A Complete Guide
    • 1031 Exchange
      • Rules & Requirements
      • How To Guides for Different Asset Types
  • Resources Learn More
    • Learn More
      • Frequently Asked Questions
      • Oil & Gas Glossary
      • Industry News
      • Contact Us
    • Guides
      • View All Guides
      • 1031 Exchange
      • Mineral Rights & Royalties
      • How to Find Oil on Your Land: A Practical Guide to Modern Exploration
      • The Ultimate Guide for Oil and Gas Leases
    • News
      • Industry News
      • Company News
      • View All Recent News
  • Contact
  • Free Consultation
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

BLM seeks public comment for oil and gas lease sale in New Mexico, Kansas

Last updated: December 30, 2023 | Reading Time: 1 minutes
The BLM is now seeking public comment on the parcels, potential deferrals, and the related environmental analysis.

The Bureau of Land Management New Mexico State Office today opened a 30-day public comment period to receive public input on 26 oil and gas parcels totaling 6,162 acres that may be included in an upcoming lease sale in New Mexico and Kansas. The comment period ends Dec. 20, 2023.

The BLM completed scoping on these parcels in Sept. 2023 and is now seeking public comment on the parcels, potential deferrals, and the related environmental analysis. BLM will use input from the public to help complete its review of each parcel. And determine if leasing of these parcels conforms with all applicable laws, policies, and land use plans.

As authorized under the Inflation Reduction Act, BLM will apply a 16.67 percent royalty rate for any new leases from this sale.

Leasing is the first step in the process to develop Federal oil and gas resources. Before development operations can begin, an operator must submit an application for permit to drill detailing development plans. The BLM reviews applications for permits to drill, posts them for public review. Conducts an environmental analysis and coordinates with State partners and stakeholders.

Click here to read the full article
Source: BLM.gov

—

If you have further questions related to the “Oil and Gas Sale” topic, feel free to reach out to us here.

You might also like
Demand for fossil fuels will not grow indefinitely, but it will probably be more resilient than most may expect. The staying power of oil and gas pipelines
Discover how Joint Operating Agreements define roles, share costs, and manage risks in oil, gas, and resource development projects. Joint Operating Agreements (JOA) Comprehensive Guide
Discover the challenges and opportunities of oil and gas development on tribal lands, focusing on economic growth, legal complexities, and environmental considerations. Oil and Gas Development on Tribal Land: Unique Challenges and Opportunities
US oil and gas production US oil and gas production boom gets “surprising” endorsement from Biden’s top climate advisor
Discover how orphan well liability impacts mineral rights owners, and learn how to manage legal, environmental, and financial risks across jurisdictions. Orphan Well Liability for Mineral Rights Owners
DOE announced a $65.5M funding for technology development and research across the upstream and midstream oil and natural gas sectors. DOE funding supports oil and gas technology research
Oil and gas companies are increasingly focusing on near-field or ILX to reduce costs and risks in a challenging market environment. Oil and Gas Explorers Focus on Near-Field Plays
USGS estimates US federal lands hold 29.4B barrels of oil, 391.6T cu ft of gas—enough for 4 years of oil, 12 years of gas at current use. USGS boosts oil and gas estimate for public lands

Get project updates and learn more

Sign up for our free email newsletter:

 We respect your email privacy

About Ranger

contact usRanger Land and Minerals is a Dallas, Texas-based acquisitions and mineral rights company with team members having close to 100 years of combined oil and gas royalties industry experience.

Contact Us

Our Partners
We work with the top drilling operators, including:
     

Learn More

Our Associations
We are proud members of the following associations:
         

Learn More

  • Paid Up Oil and Gas Lease: What It Means, How It Works, and What to Watch For
  • How to Get Oil Companies to Drill on Your Land
  • Average Price Per Acre for Mineral Rights: What to Expect and How to Estimate Value
  • How Much Money Can You Make From an Oil Well?
  • How to Find Oil on Your Land

View All Guides

  • EIA sees U.S. crude oil output topping 14 million bpd in 2027
  • EIA raises 2026 oil supply gap outlook, sees 2027 surplus
  • Texas reviews new rules for long-inactive oil and gas wells
  • U.S. natural gas production and demand set for record growth
  • Hormuz vessel strike puts focus on energy shipping and prices

View All News

Are you interested in buying or selling mineral rights?

Contact us and a representative will be in touch shortly

Contact Us

100 Crescent Court, Suite 700
Dallas, Texas 75201

(469) 310-4970

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn

Contact Us

Our team specializes in the acquisition of mineral rights, royalties, overriding royalty and non-operated working interests. Contact us to learn more about how we can assist you.

Contact Us

Our Company & Services

  • About Us
  • Minerals/Royalties
  • 1031 Exchange
  • Contact Us

Resources

  • Guides
  • FAQ
  • Glossary
  • News
© Copyright Ranger Land and Minerals | Privacy Policy | Disclaimer
Link to: The role of fee simple ownership in real estate investment Link to: The role of fee simple ownership in real estate investment The role of fee simple ownership in real estate investmentDiscover the advantages and challenges of fee simple ownership in real estate investment. Maximize control, equity accumulation, and income potential. Essential guide for informed investors! Link to: Australian player entering Gulf of Mexico with new oil & gas acquisition Link to: Australian player entering Gulf of Mexico with new oil & gas acquisition The biding agreements worth $720M will enable Karoon Energy to get its hands on stakes in oil & gas fields offshore Louisiana.Australian player entering Gulf of Mexico with new oil & gas acquisiti...
Scroll to top