Bureau of Land Management The Mineral Leasing A
Post# of 51141
Posted On: 12/12/2016 2:21:57 PM
Bureau of Land Management
The Mineral Leasing Act of 1920, as amended, and the Mineral Leasing Act for Acquired Lands of 1947, as amended, give the Bureau of Land Management (BLM) responsibility for oil and gas leasing on about 564 million acres of BLM, national forest, and other Federal lands, as well as State and private surface lands where mineral rights have been retained by the Federal Government. The BLM works to ensure that development of mineral resources is conducted in an environmentally responsible manner.
While the BLM provides technical assistance to Indian Tribes and Indian mineral owners, the BLM does not lease Indian minerals.
Who is qualified to hold a lease?
You may qualify to hold an oil and gas lease if you are an adult citizen of the United States. Minors may not acquire leases, but the BLM is authorized to issue leases to a legal guardian or trustee on behalf of a minor. Associations of citizens and corporations organized under United States, State or municipal law may also qualify.
The BLM issues two types of leases for oil and gas exploration and development on lands owned or controlled by the Federal Government - competitive and noncompetitive.
The Mineral Leasing Act of 1920, as amended, and the Mineral Leasing Act for Acquired Lands of 1947, as amended, give the Bureau of Land Management (BLM) responsibility for oil and gas leasing on about 564 million acres of BLM, national forest, and other Federal lands, as well as State and private surface lands where mineral rights have been retained by the Federal Government. The BLM works to ensure that development of mineral resources is conducted in an environmentally responsible manner.
While the BLM provides technical assistance to Indian Tribes and Indian mineral owners, the BLM does not lease Indian minerals.
Who is qualified to hold a lease?
You may qualify to hold an oil and gas lease if you are an adult citizen of the United States. Minors may not acquire leases, but the BLM is authorized to issue leases to a legal guardian or trustee on behalf of a minor. Associations of citizens and corporations organized under United States, State or municipal law may also qualify.
The BLM issues two types of leases for oil and gas exploration and development on lands owned or controlled by the Federal Government - competitive and noncompetitive.
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