BLM to offer 40 parcels in March Oil and Gas Lease Sale

Organization:

Bureau of Land Management

BLM Office:

Nevada State Office

Media Contact:

RENO, Nev. -- In keeping with the Administration’s goal of strengthening America’s energy independence, the Bureau of Land Management will offer 40 parcels in Elko, Eureka and Nye Counties totaling approximately 69,691 acres in the Elko and Carson City Districts at its March quarterly oil and gas lease sale. The BLM will hold the lease sale online via www.energynet.com.

Bidding will begin Tuesday, March 13, at 9:00 a.m. Central Daylight Time (CDT)/7:00 a.m. Pacific Daylight Time (PDT). Each parcel will have its own unique open bidding period with start and stop times clearly identified on the auction website. The open bidding period for each parcel will run for two hours, from start to finish, and bids will only be accepted during a parcel’s open bidding period.  The auction website is open to everyone; however, you must register as a bidder on the EnergyNet site before the sale in order to submit bids for any individual parcel.

The lease sale’s environmental assessments, lists and maps of the parcels, and the attached stipulations are online at goo.gl/6XXtBh.

The state of Nevada receives 49 percent of the proceeds of each lease sale.  In Fiscal Year 2016, Nevada received approximately $1.4 million from royalties, rentals and bonus bid payments for oil and gas.  Statewide, more than 26,000 jobs are tied to mineral and energy development on BLM-managed public lands. The previous Elko District sale was held on March 14, 2017.  That sale generated $131,245, selling 20 parcels covering approximately 35,502.86 acres through competitive sales. The last lease sale on the Carson City District was held September 9, 2014 and generated $59,106, selling seven parcels totaling 15,831.36 acres.

Online oil and gas lease sales streamline the bidding process and allow the BLM to serve the public better and faster. These lease sales strengthen domestic energy production and contribute to the country’s energy independence.

Persons who use a telecommunications device for the deaf (TDD) may call the Federal Relay Service (FRS) at 1-800-877-8339 to contact these individuals during normal business hours.  FRS is available 24 hours a day, 7 days a week to leave a message or question with these individuals.  You will receive a reply during normal business hours. 

The next oil and gas sale is scheduled for the week of June 12, 2018.


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.