oil and gas leases

BLM: NM will get $70 million from oil and gas leases
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After reviewing hundreds of pages of protests, a spokeswoman for the U.S. Bureau of Land Management said the agency is almost set to release a payment of nearly $70 million dollars for oil and gas leases to the state of New Mexico. The spokeswoman, Donna Hummel, told NM Political Report Thursday afternoon that an oil and gas internal review process is complete and New Mexico could see the money in a few months. “We feel confident that the state will have its lease payment of about $70 million by June 1,” Hummel said. Hummel added the dollar amount New Mexico receives could change, though it’s unlikely. U.S. Rep. Steve Pearce, the lone Republican in the state’s congressional delegation, and the Democratic members of the delegation sent letters to the BLM urging the agency to release funds owed to the state.