🛢️BLM Proposes Reinstatement of Oil and Gas Leases in New Mexico
In accordance with the Mineral Leasing Act of 1920, as amended, the Bureau of Land Management (BLM) received a petition for reinstatement of terminated competitive oil and gas leases from Blackbeard Operating, LLC (NMNM 134884, NMNM 134885; serial numbers NMNM105373864 and NMNM105373865, respectively) and EOG Resources (NMNM 141886; serial number NMNM105517491). The lessee timely filed petitions for reinstatement of competitive oil and gas leases located in Eddy and Lea counties, New Mexico. The lessees paid the required rentals accruing from the date of termination. No leases have been issued that affect these lands. The BLM proposes to reinstate the leases.
Learn More⛽Proposed Reinstatement of Oil and Gas Lease in North Dakota
In accordance with the Mineral Leasing Act of 1920, as amended, Sapazi Holdings, LLC and TDB Resources LP filed a timely petition for reinstatement of oil and gas lease NDMT105396602 (NDM 105578) for land in Williams County, North Dakota. The petition was accompanied by all required rentals and royalties accruing from September 1, 2021, the date of termination. No leases were issued that affect these lands. The Bureau of Land Management (BLM) proposes to reinstate this lease because it meets the requirements of the Mineral Leasing Act and BLM regulations and conforms with the existing resource management plan.
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