The US Bureau of Land Management’s third-quarter oil and gas lease sale in New Mexico broke records by grossing nearly $1 billion in bonus bids for 142 parcels, the US Department of the Interior agency said on Sept. 6. Revenue from the sale totaled $972,483,619.50, surpassing revenue for all BLM oil and gas sales in 2017 as well as the agency’s previous best sales year, BLM said.

Source: News