State News

Gov. Burgum issued statement after the federal Bureau of Land Management released proposed changes to how the U.S. government regulates onshore oil and gas leases on federal lands

Bismarck, N.D. – According to the state officials, the changes include increasing the minimum lease bond from $10,000 to $150,000, reducing the areas available for leasing, increasing the minimum bid amount from $2 to $10 per acre, and raising royalty rates. Governor Burgum issued the…