May 2015 Review

May experienced a modest increase in authorized oil and gas leases (13) along with a decrease with closed leases (32).  While a positive trend, it still contributed to a net decrease of 162 leases over the month of May.  The positive trend in authorized leases was lead by New Mexico with 24 authorized leases.  While, much of the net loss can be pinpointed to the 103 closed leases in Wyoming (45) and the 62 closed in Colorado (39).

*These reports are summarizing oil and gas leases on public land overseen by the Bureau of Land Management and do not encompass sales or transfers occurring on private land.

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