BLM Wyoming Oil and Gas Lease Sale nets close to $36 Million

Wyoming News July 2, 2018

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BLM Wyoming Oil and Gas Lease Sale nets close to $36 Million

Cheyenne, WY.   –  The Bureau of Land Management Wyoming quarterly oil and gas lease sale resulted in competitive bids for 158 of the 159 parcels offered at the sale.

The BLM offered parcels in Carbon, Sublette, Sweetwater and Uinta counties, Wyoming. The highest bid per acre was made by Southland Royalty Company, LLC at $3,104 per acre. The combined bids from the sale brought in $35.99 million, which will be distributed between the Federal government and the State of Wyoming.

For more information, please visit https://go.usa.gov/xQxMN. A detailed results summary will be posted on the web within the coming week.

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