Oil, Gas Lease Sales Generate Over $8 Million
The Bureau of Land Management leased 19 parcels totaling 4,116 acres in Montana and North Dakota for $8,653,960 in total receipts during a quarterly oil and gas lease sale. Combined lease bonus bids and rentals are distributed between the federal government and state where parcels are located.
This lease sale was conducted under the One Big Beautiful Bill Act, which resets the royalty rate





