BLM Colorado to offer 26 parcels in March oil and gas lease sale

first_imgThe parcels to be offered by BLM Colorado are managed by the Kremmling Field Office in Jackson County as well as the Royal Gorge Field Office in Las Animas County Approximately 30,600 people employed in oil and gas development on BLM-managed public lands. (Credit: Pixabay/skeeze) The US Bureau of Land Management (BLM), Colorado is planning to offer 26 oil and gas lease parcels totalling about 30,548 acres during the March 2020 quarterly lease sale for exploration and production.With a ten-year term, the leases are a contract to explore and develop potential oil and gas resources. The lease, however, will be extended subject to the establishment of production on the lease.BLM said it plans to offer parcels managed by the Kremmling Field Office in Jackson County as well as the Royal Gorge Field Office in Las Animas County.BLM Colorado State Director Jamie Connell said: “Oil and gas production from public lands is an important economic driver for communities across Colorado and the West.“Consistent with our mandate to promote sustainable multiple-use activities on BLM-managed lands, we’re proud to offer these parcels for lease at our upcoming March lease sale.”In 2018, oil and gas development on public lands managed by the BLM Colorado contributed an estimated $6.9bn to the economy. BLM Colorado leased 103 parcels totaling 67,980 acres for a total of $5,750,756 including rentals and fees.According to BLM Colorado, oil and gas development on BLM-managed public lands supports 30,600 jobs statewide.About 48% of the proceeds from each lease sale will be earned by the State of Colorado while the US Government will use the remaining.The latest move triggers the start of a 30-day public comment period on the proposed lease sale, with scheduled close on 24 February 2020.BLM generated $1.1bn oil and gas lease sales in FY 2018The BLM generated a record $1.1 billion from 28 oil and gas lease sales in the financial year 2018.In November 2019, BLM, Wyoming announced plans to offer 105 oil and gas lease parcels totalling about 118,219 acres during the March 2020 quarterly lease sale.The BLM, in coordination with the State of Wyoming, said it deferring four whole parcels and a portion of one other as they intersect state-designated migration corridors.last_img read more

First flyover to be completed in 5 weeks – Minister Borg

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Coastal research community suggests ways to deal with severe storms coastal erosion

first_imgShareDavid [email protected] [email protected] Coastal research community suggests ways to deal with severe storms, coastal erosion and climate changeHOUSTON – (Aug. 7, 2013) – Global sea level is rising at an accelerated rate in response to climate change, and to ensure a sustainable future, society must learn to anticipate and adapt to the dynamics of a rapidly evolving coastal system, according to a new article from the international coastal research community.The article, “Coastal Processes and Environments Under Sea-Level Rise and Changing Climate: Science to Inform Management,” appears in the August edition of GSA Today, the monthly magazine of the Geological Society of America. The article summarizes key takeaways from the Joint Penrose/Chapman Conference hosted last spring by Rice’s Shell Center for Sustainability, the American Geophysical Union, the Geological Society of London, the Society for Sedimentary Research and the Geological Society of America.Eighty-four coastal and social scientists from 12 countries gathered for presentations aimed at synthesizing knowledge of the causes and impacts of sea-level rise, severe storms and other influences on coastal regions and to engage in discussion on how science can and should inform the public and policymakers about the realities of sea-level rise and coastal change.“Extreme events have contributed to loss of life, billions of dollars in damage to infrastructure, massive taxpayer funding for recovery and degradation of our ecosystems,” said John Anderson, the W. Maurice Ewing Professor of Oceanography at Rice, director of Rice’s Shell Center and the article’s author. “As scientists, we feel a responsibility to inform government, the public and the private sector about the impacts of rising sea levels and extreme events and the risks they pose, including considering the most appropriate responses.”Key points from the report include:Current rates of sea-level rise in many regions are unprecedented relative to rates of the last several thousand years, and scientific projections show it will continue to rise over this century and alter the coasts.Sea-level rise will exacerbate the impacts of extreme events, such as hurricanes and storms, over the long term.Increasing human activity, such as land-use change and water-management practices, adds stress to already fragile ecosystems and can affect coasts just as much as sea-level rise.To secure a sustainable future, society must learn to anticipate, live with and adapt to the dynamics of a rapidly evolving coastal system.Well-informed policy decisions are imperative and should be based upon the best available science; they should recognize the need for involvement of key stakeholders and relevant experts.Anderson and his fellow researchers hope their recommendations will influence future policy decisions regarding planning for severe storms and the evolution of coastlines around the world.“Coastal change is not a prediction — it is very real and in many parts of the world it is occurring at alarming rates,” Anderson said. “We strongly believe that future policies should be based on the best available science, including analysis of our coastal areas, geohazard maps and other accessible information systems that can be understood and used by planners to predict change, and management approaches to minimize costs and social and ecosystem impacts, given the inherent uncertainty of future coastal evolution.”The article is available at more information, contact Amy Hodges, senior media relations specialist at Rice, at 713-348-6777 or [email protected] news release can be found online at Rice News and Media Relations via Twitter @RiceUNews.Related Materials:Anderson bio: on a 300-acre forested campus in Houston, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. With 3,708 undergraduates and 2,374 graduate students, Rice’s undergraduate student-to-faculty ratio is 6-to-1. Its residential college system builds close-knit communities and lifelong friendships, just one reason why Rice has been ranked No. 1 for best quality of life multiple times by the Princeton Review and No. 2 for “best value” among private universities by Kiplinger’s Personal Finance. To read “What they’re saying about Rice,” go to If you do not wish to receive news releases from Rice University, reply to this email and write “unsubscribe” in the subject line. Office of News and Media Relations – MS 300, Rice University, 6100 Main St., Houston, TX 77005 AddThislast_img read more