US DOI announced that it generated over $39 million in total receipts from oil and gas lease sales held in the first quarter of 2025.

USA DOI generates $39MM from 1Q 2025 oil, gas lease sales

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In a statement posted on its site recently, the U.S. Department of the Interior (DOI) announced that it generated over $39 million in total receipts from oil and gas lease sales held in the first quarter of 2025.

The Bureau of Land Management leased 34 parcels totaling 25,038 acres for $39,007,609 in total receipts for its first quarter of fiscal year 2025 oil and gas lease sales, the DOI noted in the statement. The organization highlighted that the Bureau of Land Management held oil and gas lease sales in Montana, North Dakota, New Mexico, Wyoming, and Nevada.

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Source: Rigzone

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