SANTA FE, NM – Public Schools, the New Mexico Military Institute, and Water Reservoirs are the beneficiaries of the State Land Office’s October oil and gas lease sale, which netted more than $7.9 million. State Land Commissioner Aubrey Dunn offered 23 tracts covering 6,877 acres of State Trust Lands in …
Read More »State Land Office’s Oil and Gas Lease Sale Revenues Skyrocket in Q1 FY 2018
SANTA FE, NM – The State Land Office today collected more than $6.7 million from the September oil and gas lease sale, bringing Q1 2018 earnings from monthly lease sales to nearly $50 million. Comparatively, Q1 2017 earnings from oil and gas lease sales barely exceeded $8 million. “Ninety-two percent …
Read More »State Land Office’s History-Making July Oil and Gas Lease Sale Surpasses $30 Million
SANTA FE, NM – The State Land Office’s July oil and gas lease sale earned more than $30 million – an all-time high for the agency – which means higher than expected distributions to public schools and six other beneficiaries of the leased tracts. In all, the State Land Office …
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