The Department of the Interior has announced that its first oil and gas lease sales of 2025 have generated more than $39 million in total receipts. This achievement highlights the Department's ongoing commitment to advancing domestic energy production and maintaining American energy dominance. These efforts align with policies from the previous Trump administration aimed at increasing domestic production, supporting job creation, and minimizing foreign resource dependency through efficient leasing processes.
The Bureau of Land Management (BLM) successfully leased 34 parcels, covering a total of 25,038 acres, resulting in $39,007,609 in receipts during the first quarter of fiscal year 2025. The revenue from these leases, comprising bonus bids and rentals, will be distributed between the federal government and the respective states where the parcels are located. The oil and gas lease sales took place across Montana, North Dakota, New Mexico, Wyoming, and Nevada.
"This quarter’s lease sales demonstrate Interior’s unwavering commitment to fostering American Energy Dominance, and we are grateful to those who produce energy on federal lands," remarked Doug Burgum, Secretary of the Department of the Interior. "By building on the commonsense, pro-growth policies of the Trump administration, we’re ensuring public lands are being used to their fullest potential to support national security, economic strength, and livelihood of the American people."
The leasing activity supports domestic energy production and contributes to independent energy resources, enhancing national economic and military security. Consistent with Executive Order 14154, titled "Unleashing American Energy," BLM's lease sales aim to meet the country's energy demand and position the U.S. as a global energy leader.
Before oil and gas resources are developed on federal land, a leasing process must take place. The BLM ensures that this development is compliant with the National Environmental Policy Act of 1969 and other legal requirements. Notably, oil and gas leases are awarded for an initial term of ten years and may continue if there is sustained production of oil and gas in marketable quantities. The federal government receives a royalty of 16.67 percent from the value of production. Information and updates on ongoing and future BLM leases can be accessed via the National Fluid Lease Sale System. There are plans for an additional 15 oil and gas lease sales throughout 2025.
