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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. Congress passed the Federal Onshore Oil and Gas Leasing Reform Act of 1987 requiring that all public lands available for oil and gas leasing be offered first by competitive leasing. The BLM may issue noncompetitive leases only after the agency has offered the lands competitively at an oral auction and not received a bid. The maximum competitive lease size is 2,560 acres in the lower 48 States and 5,760 acres in Alaska. The maximum noncompetitive lease size in all States is 10,240 acres. The BLM issues both competitive and noncompetitive leases for a 10-year period. Any lease will automatically continue after that so long as - (1) There is a well on the lease capable of producing in paying quantities on it; or (2) The lease can receive an allocation of production from an off-lease well capable of producing in paying quantities.
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Who regulates oil and gas leases?
In the United States, oil and gas leases are primarily regulated by state regulatory agencies, such as the Texas Railroad Commission or the Oklahoma Corporation Commission. These agencies set rules for drilling, production, and environmental protection. Additionally, federal agencies like the Bureau of Land Management oversee oil and gas leases on federal lands.
What has the author Donald M Ford written?
Donald M. Ford has written: 'Proposed oil and gas leasing program' -- subject(s): Environmental aspects, Environmental aspects of Oil and gas leases, Environmental aspects of Petroleum industry and trade, Oil and gas leases, Petroleum industry and trade
What has the author Matthew K Silva written?
Matthew K. Silva has written: 'Implications of oil and gas leases at the WIPP on compliance with EPA TRU waste disposal standards' -- subject(s): Oil and gas leases, Radioactive waste sites
What has the author Maurice H Merrill written?
Maurice H. Merrill has written: 'The law relating to covenants implied in oil and gas leases' -- subject(s): Leases, Natural gas, Oil and gas leases, Petroleum 'The public's concern with the fuel minerals' -- subject(s): Law and legislation, Natural gas, Petroleum law and legislation 'Merrill on notice' -- subject(s): Notice (Law)
What has the author Beverly J Sires written?
Beverly J. Sires has written: 'Federal offshore oil & gas leasing' -- subject(s): Oil and gas leases
What has the author Jim Wold written?
Jim Wold has written: 'Energy development' -- subject(s): Coal leases, Energy industries, Oil and gas leases, Revenue, Statistics, Taxation
What has the author Kirsten Rohrmann written?
Kirsten Rohrmann has written: 'Offshore oil and gas exploration and production' -- subject(s): Insurance, Law and legislation, Offshore oil industry, Offshore oil well drilling, Oil and gas leases
What has the author James H Nybo written?
James H. Nybo has written: 'An economic study of oil and gas royalty rates' -- subject(s): Oil and gas leases, Petroleum industry and trade
What are the kinds of fuels?
oil fuels & gas fuels
Could you explain a Mother Hubbard clause in oil and gas lease?
Mother Hubbard clause in an oil an gas lease is a provision for leases in the event an small strip of land is omitted from the legal description by the lessor.
What has the author Nianping Wang written?
Nianping Wang has written: 'Guo ji shi you he tong mo shi bi jiao yan jiu' -- subject(s): Oil and gas leases 'Guo ji shi you he tong mo shi bi jiao yan jiu' -- subject(s): Oil and gas leases
What has the author Dan S Boyd written?
Dan S. Boyd has written: 'Legal aspects of state-owned oil and gas resources' -- subject(s): Energy policy, Oil and gas leases, Petroleum law and legislation
