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Last updateFri, 06 Dec 2019 3pm

End-User News

Public Lands Hit Record Oil & Gas Revenues

Fiscal year 2018 was a record year for onshore oil and gas revenues on public lands due in large part to more streamlined permitting timelines and abundant acreage for lease as was highlighted in statistics released by the Department of the Interior’s Bureau of Land Management (BLM). In 2018, the U.S. hit all-time highs for federal oil production on federal land, 214,144,945 barrels produced onshore, with the smallest footprint of acreage under lease (25,552,475 acres) since BLM started collecting comparable data in 1985 (120,686,611 acres).

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