Oil and Gas Lease Sale

CASPER —The federal government will include one-third fewer Wyoming tracts than anticipated in the first oil and gas lease sale of the Biden presidency — about 28% of the 459 parcels analyzed across the state last fall.  A total of 129 offerings “containing about 131,771 acres of public minerals”...
CASPER —Wyoming just wrapped up its most lucrative state oil and gas lease sale in three years. The first of three annual auctions generated $2,650,138, the biggest profit since before the pandemic, according to the Wyoming Office of State Lands and Investments.  That’s more than 10 times higher...

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