If there was any doubt that the U.S. oil and natural gas industry is interested in investing in increasing production on federal lands, it was laid to rest this week: Seventy percent of parcels offered received bids resulting in nearly $22 million during the first onshore sales to take place since early January 2021. That
The first oil and natural gas federal onshore lease sale in 18 months brought in an incredible nearly $13 million in a single day showing that there is massive interest for investing in increased production. Just over 100 parcels were auctioned today in Wyoming with around 20 more being offered in a second sale tomorrow
More than four months after the original sale took place, the Department of Interior has finally issued more than three dozen oil and natural gas leases on federal lands from a January lease sale. WildEarth Guardians has threatened to sue over the action, despite it being outside of the parameters of the current pause on