The Bureau of Land Management says the final federal quarterly oil and gas lease sale in Wyoming this year netted $10.8 million in bids.

The BLM received bids on 123 parcels totaling about 123,000 acres around the state in Wednesday's sale.

Wyoming produces more energy on public land than almost any other state in the country.

The bureau released 160 of the 169 nominated public land and mineral parcels to energy companies for purchase.

The state receives about half of the funds from federal lease sales.

Enter your number to get our free mobile app

More From K2 Radio