RENO — The Bureau of Land Management will offer 40 parcels in Elko, Eureka and Nye counties totaling approximately 69,691 acres at its March quarterly oil and gas lease sale.
The sale includes parcels near Lee and along the west edge of the Ruby Mountains near the White Pine County border.
This sale does not include the 54,000 acres around the Ruby Mountains being analyzed by the U.S. Forest Service after an expression of interest was filed in April 2017. The environmental analysis and draft decision notice for those parcels is expected to be released by mid-March.
Protests have been filed by The Wilderness Society, Friends of Nevada Wilderness and WildEarth Guardians.
Online bidding will begin at 7 a.m. March 13 via www.energynet.com. 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 two hours, 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, users must register as a bidder on the EnergyNet site before the sale in order to submit bids for any individual parcel.
The lease sale’s environmental assessments, lists and maps of the parcels, and stipulations are online at goo.gl/6XXtBh.
The state of Nevada receives 49 percent of the proceeds of each lease sale. In fiscal year 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 Elko District sale on March 14, 2017, generated $131,245.