Old New Mexico Oil Lease Gets a Boring Second Chance
Published Date: 4/1/2026
Notice
Summary
Enrique A. Cantu asked to bring back his New Mexico oil and gas lease NMNM141519, which was ended before. The Bureau of Land Management agrees to reinstate it starting January 1, 2022, with updated rental fees of $20 per acre and a 20% royalty. This means Cantu can keep drilling under new terms, as long as he sticks to the rules and pays up.
Analyzed Economic Effects
5 provisions identified: 1 benefits, 4 costs, 0 mixed.
Royalty Rate Set at 20 Percent
The reinstated lease requires a royalty rate of 20 percent on production from lease NMNM141519, effective January 1, 2022. The lessee must pay 20% of production value as royalty under the reinstated terms.
BLM Proposes Lease Reinstatement
The Bureau of Land Management proposes to reinstate oil and gas lease NMNM141519 to Enrique A. Cantu, effective January 1, 2022, for the remainder of the lease's primary term. The reinstatement lets the lessee continue operations on the lease if they follow the lease's terms and amended lease notices.
Rental Set at $20 Per Acre
The lessee agrees to pay a rental of $20 per acre (or fraction thereof) per year on lease NMNM141519, effective January 1, 2022. This rental replaces the prior rental terms for the reinstated lease.
Lessee Paid Fees and Publication Costs
The lessee paid the required administration fee and reimbursed the Bureau of Land Management for the cost of publishing this notice as part of the reinstatement. The lessee also paid rental accruing from the date of termination.
Reinstatement Subject to Lease Conditions
The proposed reinstatement is subject to the original terms and conditions of the lease plus amended lease notices, in addition to the increased rental and 20% royalty, effective January 1, 2022. The lessee must follow those terms to retain the reinstated lease.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-06307 — Proposed Reinstatement of Terminated Oil and Gas Lease WYW183782, Carbon County, WY
Kirkwood Oil and Gas asked to bring back their oil and gas lease in Carbon County, Wyoming, which had been ended. The government agrees to reinstate it starting January 1, 2025, with updated rental and royalty rates, plus a 2-year extension. This means Kirkwood can keep exploring and drilling, paying $20 per acre and 20% royalties, keeping business rolling smoothly.
2026-06308 — Proposed Reinstatement of Terminated Oil and Gas Lease WYW164926, Converse County, WY
Tripower Resources, LLC asked to bring back their oil and gas lease in Converse County, Wyoming, which was previously ended. The government agrees to reinstate it starting January 1, 2025, with updated rental and royalty rates, plus a 2-year extension. This means Tripower can keep exploring and producing oil and gas while paying new fees and royalties.
2026-06320 — Intent To Prepare an Environmental Impact Statement for the Proposed Bridger Pipeline Expansion Project, Montana
The Bureau of Land Management is starting to study the effects of building a bigger, buried oil pipeline in Montana. This project could impact local communities, land, and the environment, and the public has until May 1, 2026, to share their thoughts. The goal is to carefully plan the pipeline expansion while considering everyone's input before moving forward.
2026-06225 — Notice of Realty Action: Direct Sale of Public Lands in La Paz County, AZ
The government plans to sell 640 acres of public land in La Paz County, Arizona, directly to 174 Power Global, LLC for at least $350,000. This sale helps fix tricky land management issues and supports local economic growth. If you want to share your thoughts, make sure to send comments by May 15, 2026, before the sale moves forward.
2026-06107 — Filing of Plats of Survey and Supplemental Plat; New Mexico; Oklahoma
The Bureau of Land Management is officially filing new land survey maps for parts of New Mexico and Oklahoma to help manage these areas better. If anyone wants to protest these filings, they must do so by April 29, 2026. These updates mainly affect landowners, local agencies, and anyone interested in land boundaries, with no direct cost to view the plats but a fee for copies.
2026-06005 — Agency Information Collection Activities; Alaska Native Vietnam-Era Veterans Allotments
The Bureau of Land Management is asking to keep collecting info from Alaska Native Vietnam-Era veterans about their land allotments. This helps make sure paperwork stays clear and easy, with no new costs or big changes. If you want to share your thoughts, you’ve got until May 26, 2026, to speak up!
Previous / Next Documents
Previous: 2026-06314 — Determination That INAPSINE (Droperidol) Injection, 2.5 Milligrams/Milliliter, Was Not Withdrawn From Sale for Reasons of Safety or Effectiveness
The FDA has decided that INAPSINE (droperidol) injection wasn’t taken off the market because of safety or effectiveness problems. This means generic versions can keep being approved and sold as long as they follow the rules. Patients and healthcare providers can keep trusting this medicine without worry, and drug makers can continue their work without delays or extra costs.
Next: 2026-06316 — Issuance of Priority Review Voucher; Rare Pediatric Disease Product; YUVIWEL (navepegritide)
The FDA just gave Ascendis Pharma a special priority review voucher for their rare pediatric disease drug, YUVIWEL, which helps kids with achondroplasia grow taller. This voucher speeds up future drug reviews and can be a valuable asset, saving time and potentially money. Approved on February 27, 2026, this move highlights the FDA’s commitment to fast-tracking treatments for rare childhood conditions.
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in