The Bureau of Land Management said Monday it will hold an oil and gas lease sale June 23 in eastern Nevada, offering four parcels totaling 10,211 acres for federal drilling development.
The federal land agency completed scoping for the eastern Nevada parcels in December and closed the public comment period in March after finalizing the environmental analysis.
If leases are awarded, operators must submit a permit application to drill and development plans to BLM for review. Permit applications will later be made available to the public as the agency conducts environmental analysis and coordinates with state partners and stakeholders.
Any crude produced will be integrated into the U.S. fuel system and likely flow to regional markets rather than remaining within Nevada's borders given the state's limited refining capacity, according to the BLM.
Sky Quarry owns and operates Nevada's sole 5,000 b/d refinery and voiced interest in securing additional crude oil last month, seeking drilling opportunities to ramp up local production, OPIS previously reported.
The refinery produces diesel, vacuum gas oil, naphtha and liquid paving asphalt from crude oil sourced from Nevada and Utah, serving the regional fuel market across Nevada and parts of the broader Intermountain West.
Given the state's extremely limited domestic supply, Nevada relies heavily on California to provide nearly 90% of its fuel, according to AAA data.
A 30-day public protest period is currently under way and will close May 24.
This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.
Reporting by Sydnee Novak, sbeach@opisnet.com; Editing by Bayan Raji, braji@opisnet.com
(END) Dow Jones Newswires
April 29, 2026 11:52 ET (15:52 GMT)
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