Oil and Gas Leasing

The Bureau of Land Management is proposing to revise the BLM’s oil and gas leasing regulations to reflect policy direction in Executive Orders (E.O.) titled Unleashing American Energy and Ensuring Lawful Governance and Implementing the President's “Department of Government Efficiency” Deregulatory Initiative; and policy guidance in Secretary’s Order titled Unleashing American Energy. In addition, the proposed rule would reflect provisions of the Royalty Resiliency Act, pertaining to applications for agreements with an allocation schedule that outlines how royalties would be distributed across different leases within the agreement, and requests comments from the public on revising the bonding requirements for leasing, development, and production. The proposed rule would also improve the BLM’s leasing process to ensure stewardship of public lands as required by the Mineral Leasing Act and as directed by the above executive orders.