Wed. Jul 24th, 2024

LATEST OIL AND GAS LEASE SALE NETS MILLIONS

The Bureau of Land Management announce Friday that the latest quarterly oil and gas lease sale for dozens of parcels in New Mexico, Oklahoma and Texas netted more than $8.2 million. Nearly half of those revenues earned from this week’s sale will go to states where the leases are located. The funds are often used for infrastructure projects, law enforcement and other government programs, the AP reports.  In all, 113 parcels totaling more than 76 square miles were offered.

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