r the the department of the interior arch 3 , 1 8 4 9...2016 2018 $193 million $1.1 billion 22,599...

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Revenue 48% to States to fund schools, roads, etc. 52% to U.S. Treasury 28 oil and gas lease sales in 2018 Recordbreaking Revenue The BLM manages about 700 million acres of federal onshore subsurface mineral estate for the benefit of the American public. BLM-administered land BLM-administered subsurface minerals on acres held by: BLM U.S. Forest Service Other federal agencies Other surface owners Improvements to Oil and Gas Program Increased number of acres offered at competitive lease sales Increased revenue from oil and gas lease sales Reduced time to process applications for permits to drill (APDs) through improved automated processing Increased number of wells started (spudded) Continued steady increase in number of producing leases Decreased number of protested parcels through a streamlined process 1.9 million acres +163% 5 million acres 2018 2016 2018 2009 2018 2016 2018 2017 2018 2016 847 wells +127% +470% 1,919 wells 2018 2016 $193 million $1.1 billion 22,599 leases 24,028 leases -23% 68% of parcels protested -32% 176 days Continued decrease in the amount of acres used for exploration and development 1985 2018 25.6 million acres 88% of parcels protested 257 days 120.7 million acres +6% -79% The Department of the Interior Oil and Gas Statistics for 2018 U . S . D E P A R T M E N T O F T H E I N T E R I O R M A R C H 3, 1 8 4 9

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Page 1: R THE The Department of the Interior ARCH 3 , 1 8 4 9...2016 2018 $193 million $1.1 billion 22,599 leases 24,028 leases-23% 68% of parcels protested-32% 176 days Continued decrease

Revenue

48%to States to fundschools, roads, etc.

52%to U.S. Treasury

28oil and gaslease sales

in 2018

Recordbreaking Revenue

The BLM manages about 700 million acres of federal onshoresubsurface mineral estate for the bene�t of the American public.

BLM-administered landBLM-administered subsurface mineralson acres held by:• BLM• U.S. Forest Service• Other federal agencies• Other surface owners

Improvements to Oil and Gas ProgramIncreased number of acres

o�ered at competitive lease sales

Increased revenue fromoil and gas lease sales

Reduced time to process applicationsfor permits to drill (APDs)

through improved automated processingIncreased number of wells

started (spudded)

Continued steady increase in number of producing leases

Decreased number of protestedparcels through a streamlined process

1.9 million acres

+163%5 million acres

20182016

2018

2009 2018

2016

20182017

20182016847 wells

+127%

+470%

1,919 wells

20182016$193 million

$1.1 billion

22,599leases

24,028leases

-23%68% of parcels

protested

-32%176 days

Continued decrease in the amount of acres used for

exploration and development

1985 2018

25.6million acres

88% of parcelsprotested

257 days

120.7million acres

+6%

-79%

The Department of the InteriorOil and Gas Statistics for 2018

U.S

.D

EPARTM ENT OF THE

INTERI O

R

M AR C H 3, 18 4 9

Page 2: R THE The Department of the Interior ARCH 3 , 1 8 4 9...2016 2018 $193 million $1.1 billion 22,599 leases 24,028 leases-23% 68% of parcels protested-32% 176 days Continued decrease

For more information: www.blm.gov April 2019

Leasing and Production Process

Parcelsare

nominated

Productionof oil and

gas resources

Leasesale isheld

Purchaser hasright to explorefor and develop

minerals for 10 years(leases are still

available forother uses)

A�ected landis reclaimed

Environmentalreview

Publiccomment

Increased Interest from Industry

Increased Federal Onshore Production

Expressions of Interest �led on more acres

Oil

Largest number of acres receiving bids in 10 years

Acres receiving bids increased

+11%

8.7 million acres

2018

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

+87%1,488,300 acres

20182017

1,109,583acres 777,486

acres

1,095,298acres

1,442,830acres 1,081,965

acres 748,764acres 523,811

acres

921,240acres 792,823

acres

1,488,300acres

2016

7.8 million acres 792,823 acres

States Leading Oil and Gas Development

Wyoming

New Mexico

• Handle 2/3 of APDs

• Account for nearly 2/3 of new wells activity

• Account for more than 1/2 of the leases in e�ect

• Have the highest number of acres under lease

• Have the highest number of producing leases

+23%

214.14million barrels

20182017

174.55million barrels

Gas

+1.3%

3.26billion mcf

20182017

3.21billion mcf