The Bureau of Land Management Wyoming is proposing 251,086 acres over 209 parcels in an upcoming oil and gas lease sale.
BLM Wyoming’s second quarter 2023 oil and gas lease sale will be conducted in accordance with measures required by the federal Inflation Reduction Act, which became law in August 2022.
Provisions in the Inflation Reduction Act will apply to the upcoming and future BLM oil and gas lease sales.
In accordance with the new law, minimum bids for all oil and gas parcels will be $10 per acre, an increase from the $2-per-acre minimum bid set in 1987, according to the BLM Wyoming.
Click here for the BLM NEPA Register page
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