BLM Finalizes Fluid Mineral Leases, Leasing Process Rule
The BLM finalized the Fluid Mineral Leases and Leasing Process rule which significantly increases royalties, rates, minimum bids and costs for oil and gas producers on federal lands.
In particular, it significantly increases bonding for producers which will have a major negative impact on small producers. Many of the provisions in the new rule are the result of the Democrats Inflation Reduction




