BLM Oil, Gas Lease Auction Generates Nearly $6.5M
CHEYENNE, Wyo. (AP) — A quarterly federal auction of oil and gas leases in Wyoming has generated nearly $6.5 million.
Almost half the total raised at the Bureau of Land Management auction Tuesday will go to the state of Wyoming.
The highest bid per acre was $2,200. Overall, the auction offered 116 parcels totaling almost 60,000 acres.
The next BLM Wyoming oil and gas lease sale is scheduled for Nov. 6.