Federal Register #2026-09441

BLM Notice: Proposed Reinstatement of Oil and Gas Lease TXNM139423 (McMullen County, TX)

This notice from the Bureau of Land Management (BLM) announces a proposed regulatory action regarding a previously terminated oil and gas lease in Texas. - Government Buyer: - Bureau of Land Management (BLM), U.S. Department of the Interior - Lessee: - Sea Eagle Ford LLC - Action: - Proposed reinstatement of competitive oil and gas lease TXNM139423 in McMullen County, Texas - Products/Services Requested: - No products or services are being procured; this is a regulatory notice regarding mineral rights - Unique/Notable Requirements: - Lessee has paid all required rental fees from the date of termination - New lease terms include: - Rental rate: $20 per acre per year - Royalty rate: 20 percent - Reinstatement is subject to original lease terms, amended lease notices, and new financial terms - No other leases have been issued for these lands - OEMs: Not applicable (no products or equipment requested) - Location: - McMullen County, Texas (lease area) - BLM New Mexico (administrative office)

Description

The Bureau of Land Management (BLM) received a petition from Sea Eagle Ford LLC for reinstatement of the terminated competitive oil and gas lease TXNM139423 located in McMullen County, Texas. The lessee filed the petition timely and paid the required rental from the date of termination. No other leases have been issued affecting these lands. The BLM proposes to reinstate the lease with new terms including a rental of $20 per acre per year and a royalty rate of 20 percent.

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