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Public Lands Oil and Gas Lease Tracker: 2014 Summary

National Public Lands That Have Been Leased for Oil and Gas—and Who’s Buying the Leases

Summary of 2014 Lease Data for Seven Western States

Oil and gas development is one of the multiple uses of our American public lands, along with conservation, recreation, grazing, and wildlife habitat. Drilling for oil and gas on national public lands currently takes place in 28 states.

The Bureau of Land Management oversees the public lands leasing and bidding process, determines where drilling occurs, and helps ensure that taxpayers receive their fair share on public resources.

In 2014, oil and gas companies leased a total of 606,722 acres of national public lands in seven Western states.  This represents a significant portion of the 748,764 acres of public lands that were leased across the country in 2014.

Over 15 percent of the lands leased in the seven Western states– or 94,517 acres – were acquired with a minimum bid of only $2.00 per acre.  The Public Lands Oil and Gas Leasing Tracker data is compiled from Bureau of Land Management “Final Sales Results,” released following each lease sale.

 

606,722 total acres of national public lands were leased for oil and gas drilling in seven Western states

 

State Acres Leased
Colorado 16,488
Montana/North Dakota 20,128
New Mexico 40,465
Nevada 54,018
Utah 116,836
Wyoming 358,787
TOTAL 606,722

 

523,850 acres of public land were offered for lease but went unsold in seven Western states

 

State Acres Offered Acres Unsold
Colorado 22,108 5,620
Montana/North Dakota 28,566 8,438
New Mexico 40,783 318
Nevada 480,934 426,915
Utah 206,291 89,455
Wyoming 360,329 1,542
TOTAL 1,139,011 532,288

 

94,517 acres were sold to companies at the minimum bid, a mere $2.00 per acre, in seven Western states

 

State Acres Acquired at $2.00 Minimum
Colorado 3,614
Montana/North Dakota 562
New Mexico 120
Nevada 49,129
Utah 19,615
Wyoming 21,477
TOTAL 94,517

 

Liberty Petroleum acquired the most acres, while American General Energy Exploration Corporation placed the most bids and received the most acres at the minimum bid of $2.00 per acre

 

Largest Number of Acres Purchased by Company
Acres States
LIBERTY PETROLEUM 38,674 UT, WY
AMERICAN GENERAL ENGY EXPL 37,865 NV
TEN POINT ENERGY 37,193 WY
VERN JONES 36,982 WY
BOYD THOMAS 30,922 WY
PRE RESOURCES 21,161 ND, WY
KIRKWOOD RESOURCES 20,940 WY
KIRKWOOD OIL & GAS 20,055 NV, WY
VERTI EXPLORATION 17,767 UT
LONEWOLF ENERGY 16,174 ND, WY

 

Highest Number of Bids Placed by Company
Number of Bids States
AMERICAN GENERAL ENGY EXPL 26 NV
PRE RESOURCES 25 ND, WY
TEN POINT ENERGY 25 WY
KIRKWOOD OIL & GAS 25 NV, WY
LIBERTY PETROLEUM 24 UT, WY
VERN JONES 21 WY
DISCOVERY ENERGY 21 UT
HOOVER & STACY 21 UT, WY
BOYD THOMAS 19 WY
KIRKWOOD RESOURCES 17 WY

 

Highest Number of Minimum Bids Placed by Company
Number of Bids Acres States
AMERICAN GENERAL ENGY EXPL 26 37,865 NV
FOX VALLEY HOLDINGS 9 1,596 CO
KIRKWOOD OIL & GAS 8 2,409 NV, WY
RAM LAND SERVICES 7 4,131 UT
PIONEER OIL AND GAS 6 5,464 UT, WY
HATCH J FLOYD 5 4,456 UT
KIRKWOOD RESOURCES 5 5,279 WY

*Five companies placed three bids each

Some companies who place the bids may be resellers, middlemen, or land speculators.

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"He's more like a mad king. And this monarch has control over the crown jewels of America's #publiclands. They are not in safe hands." @SecretaryZinke
-via @nytegan
https://t.co/7nJHEpt0d4
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