The 16 federal parcels were the first to be leased since Congress slashed the royalty rate for oil and gas producers. Federal officials notched just over $58 million in revenue from leasing 16 parcels ...

The U.S. Bureau of Land Management announced that its New Mexico State Office leased three parcels, totaling 1,262 acres. In a release posted on its site recently, the U.S. Bureau of Land Management ...

The shift stems from the sweeping law President Donald Trump signed in July that rolls back the minimum federal royalty rate to 12.5%. That rate — the share of production value companies must pay to ...

NEW MEXICO (KRQE) – A U.S. Senate Republican budget bill would sell off millions of acres of public land across the U.S. to developers, including more than 21,000 square miles in New Mexico. Some of ...

Large crane dumps load of dirt in dump truck at a surface coal mine in northeastern Wyoming. Federal land reserves of coal are being leased for mining in Alabama, Montana, Utah, Wyoming and North ...