Can you really strike it rich in the Government oil and gas lottery

Journal Article · · Our Public Lands; (United States)

OSTI ID:5903487

Meeks, H

The purpose of this article is to provide information on the reality and procedure of the Bureau of Land Management's Simultaneous Oil and Gas Leasing System, commonly called the Government Oil and Gas Lottery. The article is about noncompetitive leases. This kind of leasing is done through the Simultaneous Oil and Gas Leasing System. Lands that are not within any known geologic structure of a producing oil and gas field, commonly known as wildcat lands, are subject to leasing to the first qualified person making application for a lease. Such a lease is termed noncompetitive since the applicant is entitled to the lease without competitive bidding. Most Federal oil and gas leases are obtained through noncompetitive leasing procedures.

• OSTI ID: 5903487
• Journal Information: Our Public Lands; (United States), Journal Name: Our Public Lands; (United States) Vol. 28:4; ISSN OPLAA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
03 NATURAL GAS
031000 -- Natural Gas-- Legislation & Regulations
ADVERTISING
COMPETITION
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
EXPLORATION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
LEASES
LEASING
NATURAL GAS
NORTH AMERICA
PETROLEUM
PUBLIC LANDS
USA