BLM Brings Back Old New Mexico Oil Leases After Payment
Published Date: 8/5/2025
Notice
Summary
Blackbeard Operating and EOG Resources want their New Mexico oil and gas leases back after they were ended. They paid all the fees on time, and the Bureau of Land Management is ready to bring those leases back to life. This means drilling and energy work can continue soon in Eddy and Lea counties without any new lease conflicts.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Reinstatement of Three NM Oil & Gas Leases
Blackbeard Operating LLC and EOG Resources asked the Bureau of Land Management to reinstate three terminated competitive oil and gas leases (NMNM 134884 / serial NMNM105373864; NMNM 134885 / serial NMNM105373865; NMNM 141886 / serial NMNM105517491) in Eddy and Lea counties, New Mexico. The lessees filed timely petitions and paid the required rentals from the date of termination, and the BLM proposes to reinstate the leases so drilling and energy work can continue without new lease conflicts.
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