BLM seeks public comment for May 2025 oil and gas lease sale in Utah

by | Feb 14, 2024 | News | 0 comments

The Bureau of Land Management Utah State Office opened a 30-day public scoping period on Tuesday to receive public input on two oil and gas parcels in Uintah County. The parcels total 833 acres and may be included in a May 2025 lease sale in Utah. “As authorized under the Inflation Reduction Act, BLM will apply a 16.67 percent royalty rate for production on any new leases from this sale…Revenues are split between the state where the drilling occurs and the U.S. Treasury. 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 comment period runs through March 14th. Details on the parcels the BLM is analyzing, as well as maps and instructions on how to comment are available on the BLM’s ePlanning website.

Link: https://eplanning.blm.gov/eplanning-ui/project/2030769/510.

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