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BLM Expands Oil Leasing Drive with July Auction Plans
Major energy firms, including SLB,…
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
The Bureau of Land Management is teeing up another round of federal oil and gas leasing, with 66 parcels across Montana and North Dakota headed for auction in July as Washington continues pushing a noticeably more drill-friendly agenda.
The July 14 lease sale will offer 29,087 acres across the two states, according to a BLM announcement Thursday. Companies interested in bidding will first have to make it through another familiar stage of the federal energy process: paperwork, environmental reviews, public comments, and likely at least a few lawsuits.
The parcels already completed scoping earlier this year, with public comments closing on May 8. Another protest period opens June 1 and runs through July 1 before bidding begins.
On its face, the acreage package is relatively modest. Nobody is confusing 29,000 acres in Montana and North Dakota with the recent Alaska lease bonanza. Earlier this year, the first National Petroleum Reserve-Alaska lease sale in seven years generated a record $163.7 million in bids as Exxon, ConocoPhillips, Shell, and others piled into Arctic acreage.
The Trump administration has made federal leasing a central part of its energy agenda, shifting from the stop-start leasing environment of recent years toward a more predictable schedule of offerings. The message to industry is, if you want federal acreage, there should be fewer surprises and fewer years spent waiting for Washington to decide whether it likes oil.
There is already leasing momentum. Federal lease sales generated nearly $593 million in revenue during the first quarter of 2026, the strongest calendar-year start in BLM history.
Of course, winning a lease and producing oil are two very different things. Leasing starts the process, but operators still have to file drilling plans, clear environmental reviews, and navigate permitting hurdles before a single barrel flows.
By Julianne Geiger for Oilprice.com
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Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
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