Oil and Gas Leasing
Abstract
The Bureau of Land Management (BLM) is proposing to revise its oil and gas leasing regulations to reflect new requirements in the One Big Beautiful Bill Act (OBBB); policy direction in Executive Orders (E.O.) entitled Unleashing American Energy and Ensuring Lawful Governance and Implementing the President's "Department of Government Efficiency" Deregulatory Initiative and Modernizing Payments To and From America's Bank Account; and policy guidance in Secretary's Order entitled Unleashing American Energy. In addition, the proposed rule would reflect provisions of the Royalty Resiliency Act, which pertains to applications for oil and gas agreements for allocation schedules that outline how royalties would be distributed across different leases within the agreement. The BLM proposes to return the minimum bond amounts to those prior to the finalization of the 2024 rule. Finally, the proposed rule would improve the BLM's leasing process to ensure stewardship of public lands as required by the Mineral Leasing Act (MLA) and as directed by the OBBB and the above Executive orders.
Federal Register Source
This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.
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Other Rules from Interior
Frequently Asked Questions
What is the 2026-12734 Federal Register document?
Document 2026-12734 is a Proposed Rule published by the Department of Interior in the Federal Register on June 24, 2026. The Bureau of Land Management (BLM) is proposing to revise its oil and gas leasing regulations to reflect new requirements in the One Big Beautiful Bill Act (OBBB); policy direction in Executive Orders (E.O.) entitled Unleashing American Energy and Ensuring Lawful Governance and Implementing the President's "Department of Government Efficiency" Deregulatory Initiative and Modernizing Payments To and From America's Bank Account; and policy guidance in Secretary's Order entitled Unleashing American Energy. In addition, the proposed rule would reflect provisions of the Royalty Resiliency Act, which pertains to applications for oil and gas agreements for allocation schedules that outline how royalties would be distributed across different leases within the agreement. The BLM proposes to return the minimum bond amounts to those prior to the finalization of the 2024 rule. Finally, the proposed rule would improve the BLM's leasing process to ensure stewardship of public lands as required by the Mineral Leasing Act (MLA) and as directed by the OBBB and the above Executive orders. View the original at https://www.federalregister.gov/documents/2026/06/24/2026-12734/oil-and-gas-leasing.
Is document 2026-12734 an economically significant rule?
No. Document 2026-12734 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.