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First oil & gas lease sale nets over $14M in state

Wyoming will receive around $7 million of that revenue

CASPER — The Bureau of Land Management’s first oil and gas lease sale in over a year netted roughly $14.7 million in Wyoming — about $1.8 million more than last year’s sale. Wyoming will receive 48% — roughly $7 million — of that revenue.

While Gov. Mark Gordon applauded the lease sale in a Monday statement, he noted that it represents “not even a quarter of a loaf.”

“The fact that our producers participated to the degree they did is a credit to the Wyoming oil and gas industry,” Gordon said in the statement. “Their efforts mean Wyoming will continue to provide energy for the Nation, even thou...

 
 
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