November Oil and Gas Lease Sale Sets New Record for Revenue

NOVEMBER’S OIL AND GAS LEASE SALE WAS ONE FOR THE RECORD BOOKS. DARRELL MOODY HAS THE DETAILS…

STATE LAND OFFICE BENEFICIARIES GOT AN EARLY DOSE OF HOLIDAY CHEER AS THE AGENCY’S NOVEMBER OIL AND GAS LEASE SALE GENERATED CLOSE TO 43-POINT 3-MILLION DOLLARS…MAKING IT THE HIGHEST SINGLE-MONTH YIELD IN SLO HISTORY. THE PREVIOUS SINGLE MONTH RECORD WAS JUST 30-MILLION DOLLARS…RECORDED IN JULY OF 2017. COMMON SCHOOLS NETTED MORE THAN 15-MILLION DOLLARS. THE NEW MEXICO PENETENTIARY WILL RECEIVE CLOSE TO 28-MILLION DOLLARS. THE UNIVERSITY OF NEW MEXICO WILL RECEIVE 324-THOUSAND DOLLARS.