1 Aug 2025
🌍Regulatory Update
Revision to Regulations Regarding Competitive Leases; Expression of Interest Process
Summary
The Bureau of Land Management (BLM) is amending its rules governing fees for expressions of interest (EOI) to effectuate changes required by the "One Big Beautiful Bill Act" (OBBB) enacted on July 4, 2025.
Agencies
- Interior Department
- Land Management Bureau
Business Impact
$$ - Med
The regulation updates procedures for Expressions of Interest (EOI) in land leasing, eliminating the associated fee, which may reduce costs for businesses looking to lease Federal lands. This impacts compliance regulations for companies in the oil and gas industry, enhancing opportunities to express interest without financial barriers.