Upcoming oil and gas lease auctions

The Minerals Management Division of the North Dakota Department of Trust Lands will hold its next oil and gas lease auction on Aug. 6 at the American Conference Center in Medora beginning at 9 a.m. As Petroleum News Bakken reported in its July 7 edition, most of the leases in the August North Dakota Trust Lands auction are in the Bakken fringe with more than half of the 691 nominated tracts in McLean (189) and Slope (169) counties. The remaining tracts are in Mountrail (76), Golden Valley (62), Dunn (58), Ward (45), Bowman (31), Mercer (26), Renville (17), Stark (8), Billings (7), McKenzie (2) and Hettinger (1) counties.

The Montana Department of Natural Resources and Conservation’s Trust Lands Management Division will hold its next oil and gas lease auction on Sept. 4 at the Montana Department of Transportation auditorium in Helena beginning at 9 a.m. A total of 24 tracts are nominated in Valley (12), Big Horn (6), Blaine (2), Yellowstone (2), Richland (1) and Roosevelt (1) counties.

The next BLM Montana/Dakotas lease auction is scheduled for Oct. 22 and will be limited to Montana. Preliminary lists show most of the leases to be offered are in Valley County (244), but other the leases will be offered in Carbon (7), Pondera (3), Yellowstone (2), Fallon (1) and Richland (1) counties.

—Mike Ellerd

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