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Record Oil & Gas Lease Sale Shatters BLM Records 🔥
A recent federal oil and gas lease sale generated nearly $327 million, setting multiple records.
One single acre leased for $218,751, the highest per-acre result in a competitive BLM sale since at least 1987. Total bonus bids exceeded $316 million, with one parcel drawing bids over $70 million.
In this case, the BLM is the mineral owner, receiving upfront lease bonuses before any drilling begins. Results like this highlight why mineral ownership can offer unique advantages compared to operating wells.
⚠️This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.
#MineralRights #OilAndGasLeases #EnergyMarkets #PassiveIncome #LandOwnership #BLM #USEnergy #oilandgasindustry #minerals #mineralresources #royaltyincome #incomeproperty #EnergyAssets #oilreserves #naturalgas #mailboxmoney #landman #energyresidualincome #oil #fracking #oilproduction #energy #OklahomaOil #TexasOil #MRG #royaltyincome #OilGas #royalties #crudeoil #moneyhttps://youtube.com/shorts/3KzLgWKaB8A?feature=share
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Record Oil & Gas Lease Sale Shatters BLM Records 🔥
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