Federal oil and gas lease parcels are once again in the offering in Wyoming after several quarterly sales were nixed in recent years. The Bureau of Land Management plans to conduct three quarterly competitive lease sales this year. Combined, the three federal oil and gas lease sales planned for Wyoming this year tentatively include a total 371 parcels spanning approximately 392,834 acres. The federal government was forced to resume sales after a series of legal challenges. The program now includes higher minimum bid amounts, royalty and rental rates mandated by the 2022 Inflation Reduction Act.
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