BLM-FY2024-Oil-and-Gas-Statistics.xlsx
XLSX spreadsheet 19 KB Posted
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- REQUEST FOR INFORMATION (RFI) Online Auction
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- DOILFBO260005
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This is a fiscal year 2024 oil and gas lease sales statistics report from the Bureau of Land Management (BLM) documenting competitive onshore oil, gas, and geothermal lease auctions conducted across multiple state offices from October 1, 2023 through September 30, 2024. The BLM held 16 competitive lease sales during this period, generating total receipts of $170,747,847 from 203 parcels offered encompassing 93,385 acres. Of the parcels offered, 153 parcels totaling 69,264 acres received bids and sold at auction. The highest-value sale occurred in New Mexico on August 15, 2024, generating $61,044,916 in receipts from 4 parcels comprising 6,971.726 acres. Other significant sales included New Mexico on June 20, 2024 ($34,414,251), Montana/Dakotas on August 6, 2024 ($24,020,547), and New Mexico on November 30, 2023 ($22,530,735).
Sales were distributed across multiple BLM state offices including Wyoming, Colorado, New Mexico, Montana/Dakotas, Nevada, Utah, and Eastern States. Total receipts reported include bonus bids, first-year rentals, and administrative fees. Notable variations in bid success occurred, with Nevada on June 25, 2024 receiving zero bids on 2,080 acres offered, while other sales achieved higher participation rates with substantial acreage receiving competitive bids.
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| Sol_DOILFBO260005.pdf |
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Combined
| Table 15 Oil and Gas Lease Sales, Fiscal Year 2024 |
| BLM State Offices held 16 competitive oil and gas lease sales from October 1, 2023 through September 30, 2024. |
| BLM State Office | Date | Total Receipts | Parcels Offered Day of Sale | Acreage Offered Day of Sale | Parcels Receiving Bids | Acreage Receiving Bids |
| Wyoming | 9/25/24 | $34,040 | 4 | 159.38 | 2 | 79.38 |
| Colorado | 9/24/24 | $303,580 | 1 | 120 | 1 | 120 |
| New Mexico | 8/15/24 | $61,044,916 | 4 | 6,971.726 | 4 | 6,971.726 |
| Montana/Dakotas | 8/6/24 | $24,020,547 | 26 | 5,569.64 | 23 | 4,819.20 |
| Wyoming | 6/27/24 | $5,084,616 | 18 | 10,155.33 | 15 | 8,533.49 |
| Nevada | 6/25/24 | $0 | 1 | 2,080.00 | 0 | 0 |
| New Mexico | 6/20/24 | $34,414,251 | 19 | 3128.00 | 14 | 2,768.00 |
| Montana/Dakotas | 4/30/24 | $681,533 | 30 | 5,981.40 | 21 | 4,635.11 |
| Eastern States | 3/26/24 | $234 | 3 | 90.86 | 1 | 2.70 |
| Montana/Dakotas | 3/12/24 | $2,418,606 | 6 | 2,335.66 | 6 | 2,335.66 |
| Wyoming | 3/5/24 | $9,003,285 | 28 | 12,974.71 | 25 | 11,737.96 |
| Utah | 12/12/23 | $92,397 | 1 | 761.36 | 1 | 761.36 |
| Montana/Dakotas | 12/5/23 | $7,703,153 | 12 | 3,650.81 | 12 | 3,650.81 |
| Nevada | 12/5/23 | $10,595 | 4 | 3,498.34 | 1 | 800 |
| New Mexico | 11/30/23 | $22,530,735 | 9 | 553.59 | 9 | 553.59 |
| Wyoming | 11/28/23 | $3,405,359 | 37 | 35,353.86 | 18 | 21,494.95 |
| FY 2024 | $170,747,847 | 203 | 93,385 | 153 | 69,264 |
| Total Receipts: The total dollars generated from the Competitive Oil and Gas Lease Sale. This includes bonus bids, first-year rentals, and administrative fees. |
| Parcels (and acreage) offered day of sale: The number of parcels (and acreage) that were offered for lease at the competitive auction. |
| Parcels (and acreage) receiving bids: The number of parcels (and acreage) that received bids and sold at the auction. |
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