THE STATE LAND OFFICE IS OUT WITH THE NUMBERS FROM DECEMBER’S OIL AND GAS LEASE SALE. DARRELL MOODY HAS THE DETAILS…
THE DECEMBER OIL AND GAS LEASE SALE GENERATED 13-POINT 3-MILLION DOLLARS. COMMON SCHOOLS EARNED JUST UNDER 10-POINT 8-MILLION DOLLARS. PUBLIC BUILDINGS WILL RECEIVE 1-POINT 2-MILLION DOLLARS. THE HIGH BIDDER WAS SANTA FE-BASED FEDERAL ABSTRICT WHICH PURCHASED A TOTAL OF 440 ACRES AT 3-POINT 6-MILLION DOLLARS. 31 TRACTS OF LAND TOTALING MORE THAN FIVE THOUSAND ACRES IN LEA AND EDDIE COUNTIES WERE SOLD.