Governor Gordon Signs SBLC Emergency
Ch. 18 Rule -Leasing of Oil and Gas
to Implement Changes for the
July 2024 Oil & Gas Lease Auction



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On June 27, 2024, Governor Gordon signed an Emergency Rule for Chapter 18 of the State Board of Land Commissioners' (SBLC) Rules and Regulations. The emergency rule addresses, among other things, the changes made by the 2024 Legislature to oil and gas leasing that *will impact the July 2024 Oil and Gas Lease Auction*.

 

Generally, the changes affecting the auction are:


* Defines "qualified bidder" for oil and gas lease auction; and
* Imposes a penalty for participating in an auction if the party is not a "qualified bidder"

The purpose of the emergency rule is to ensure the changes are in effect before the Office of State Lands and Investments' (OSLI) July 8-10 Oil and Gas Lease Auction [ [link removed] ].  

 

A copy of the emergency rule can be found on OSLI's website [ [link removed] ], the Secretary of State's website [ [link removed] ], or in person at the Office of State Lands and Investments located at 122 W. 25th Street, Suite W103, Cheyenne, WY 82002. [ [link removed] ]

 

"NOTE:  This emergency rule remains in effect for up to 120 days. During the 120 days, the Board's proposed rule change will continue through the regular rulemaking process under the Wyoming Administrative Procedures Act.  Public comments are currently being accepted through August 13, 2024. "

 

 

Please refer to 

Emergency Rule Chapter 18 [ [link removed] ]; and
OSLI's Notice of Intent to Adopt Proposed Rule Changes [ [link removed] ]
for complete details on both matters












 

"“Effectively managing natural resources and funds for current and future generations.”"

Wyoming Office of State Lands and Investments [ [link removed] ]



Office of State Lands and Investments

Herschler Building, Suite W103, 122 W 25th ST, Cheyenne, WY 82002

(307) 777-7331  |  lands.wyo.gov [ [link removed] ]



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