RENO — In keeping with the goal of strengthening America’s energy independence, the Bureau of Land Management will offer three parcels in Nye County totaling approximately 3,680 acres in the Battle Mountain District at its September quarterly oil and gas lease sale.
The BLM will hold the lease sale online via www.energynet.com.
Bidding will begin at 8 a.m. Sept. 12. Each parcel will have its own unique open bidding period, with start and stop times clearly identified on the auction website. The open bidding period for each parcel will run for approximately one hour, from start to finish, and bids will only be accepted during a parcel’s open bidding period.
The auction website is open to everyone; however, bidders must register on the EnergyNet site before the sale to submit bids for any individual parcel.
The lease sale’s environmental assessments, lists and maps of the parcels, and the attached stipulations are online at https://on.doi.gov/2hXgXsn.
The state of Nevada receives 49 percent of the proceeds of each lease sale. In fiscal Yyear 2016, Nevada received approximately $1.4 million from royalties, rentals and bonus bid payments for oil and gas.
Statewide, more than 26,000 jobs are tied to mineral and energy development on BLM-managed public lands. The previous Battle Mountain District sale was held June 13. That sale generated $38,560, selling three parcels covering approximately 5,760.00 acres through competitive and noncompetitive sales.
Online oil and gas lease sales streamline the bidding process and allow the BLM to serve the public better and faster. These lease sales strengthen domestic energy production and contribute to the country’s energy independence.
The next oil and gas sale is scheduled for the week of Dec. 12.