# 2026-16070: BLM eyes reinstating New Mexico oil lease after timely petition

2026-16070, Notice of Proposed Reinstatement of BLM New Mexico Terminated Oil and Gas Lease: NMNM142036, is a Federal Register notice from Interior Department, Land Management Bureau published 2026-08-06, effective 2024-10-01; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/federal-register/2026-16070
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-16070
- Title: Notice of Proposed Reinstatement of BLM New Mexico Terminated Oil and Gas Lease: NMNM142036
- Type: Notice
- Agencies: Interior Department; Land Management Bureau
- Citation: 91 FR 50890
- Published: 2026-08-06
- Effective: 2024-10-01
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-08-13

## In one line

BLM eyes reinstating New Mexico oil lease after timely petition

## Summary

In accordance with the Mineral Leasing Act of 1920, as amended, the Bureau of Land Management (BLM) received a petition for reinstatement of terminated competitive oil and gas lease NMNM142036 from Petro-Quest Oil & Gas, LP (lessee). The lessee timely filed a petition for reinstatement of the competitive oil and gas lease located in Eddy County, New Mexico. The lessee paid the required rental accruing from the date of termination. No leases have been issued that affect these lands. The BLM proposes to reinstate the lease.

## Effects PRIA read

- Reinstated NM Oil & Gas Lease With New Terms: benefit, medium. The Bureau of Land Management proposes to reinstate oil and gas lease NMNM142036 to Petro-Quest Oil & Gas, LP effective October 1, 2024 for the remainder of the primary term. The reinstated lease is subject to a rental of $20 per acre per year and a royalty rate of 16.67 percent; the lessee paid re…

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## Sources
- [2026-16070 on federalregister.gov](https://www.federalregister.gov/documents/2026/08/06/2026-16070/notice-of-proposed-reinstatement-of-blm-new-mexico-terminated-oil-and-gas-lease-nmnm142036)
- [2026-16070 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-08-06/pdf/2026-16070.pdf)

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- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-16070 (as of 2026-08-13).