First Oil And Gas Lease Sales On Public Lands Yield Nearly $40,000,000 In Early Win For Trump Administration

The Department of the Interior (DOI) announced Thursday it generated over $39 million in revenue from oil and gas lease sales on public lands during the first few months of 2025.

A press release by the agency says these sales are “underscoring the Department’s continued commitment to responsible energy development on public lands and American Energy Dominance.” The revenue also reflects the government’s ongoing focus on supporting job growth, reducing reliance on foreign resources, unleashing domestic energy production and streamlining the permitting and leasing processes.

“This quarter’s lease sales demonstrate Interior’s unwavering commitment to fostering American Energy Dominance, and we are grateful to those who produce energy on federal lands,” DOI Secretary Doug Burgum said in the statement. “By building on the commonsense, pro-growth policies of the Trump administration, we’re ensuring public lands are being used to their fullest potential to support national security, economic strength and livelihood of the American people.”

The Bureau of Land Management (BLM) leased 34 parcels, amounting to 25,038 acres, for a total of $39,007,609 in the first quarter of 2025, the press release stated. The bonus bids and rentals from the leases are set to be distributed between the states and federal government. The states where sales occurred include North Dakota, Montana, New Mexico, Nevada and Wyoming. (RELATED: Biden Admin Locks In Skimpiest Offshore Oil And Gas Leasing Schedule In US History As Prices Remain High At The Pump).

Trump admin’s first oil and gas-lease sales nets nearly $40 million for U.S. coffers https://t.co/G4WOVInBD3

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The sales come amid President Donald Trump’s Executive Order 14154, which is aimed to help “meet the energy needs of U.S. citizens and solidify the nation as a global energy leader long into the future.”

Oil and gas leases are set up with terms of 10 years and can continue for longer if there is “production of oil and gas in paying quantities,” the press release noted. The federal government also receives a 16.67% royalty from the production.

The BLM is set to hold an additional 15 oil and gas lease sales in 2025.