Trust Land Management Division : Fiscal Year 2005 Annual Report 2006

Cover Trust Land Management Division : Fiscal Year 2005 Annual Report 2006
Trust Land Management Division : Fiscal Year 2005 Annual Report 2006
Montana.Dept. of Natural Resources And Conservation
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advertisings compclLt]vcl> biddings and isiui ng new Lca.'^fs^rcvLCWLngand approv]ng]cayL' B'^ignmenls ind 4.0 1 Led] ng^ vcnfy]ng, ind po!it]ng Lca^c rcnials and piDduclion njyiLtLKi- Rcvtnurs irtcivcd in FV 2005 arc b^1cd in Tabic hjhc rclitivc pcnrcniagc dcnvcd From c Bch nil ncr^l t^'pc is ]]]irilr^tcd in Figure L 3 Oil and Gas Leasine The program l^ respun-^ibLc for the Icasjng ind mDnLlDnngof 2.300 ciL and gis Leaha, 575 of wbiiLbi Brccurrcmly producl]>c_ The number of o]] and gas icahes ...manBgcd ]"> up 15.7 pcn^ent^ while Ihc numbcrof currently producing leasee incraiscd by 3 4 pcrocnl, compared I0 FV 2004 Activities relaled I0 existing iease^i in4.iudc coileding, venfying.iDd pos1 1 ng rem al royalty, del ay dn] 1 1 ng . Bndshul-in payments [ev]ewing and approving issignmenls ind trac^king worting ]nterest owneiship. review]ng and preparing for approval ccmmuni1]£ation agreemenb> ind unit operating igieements ind cooid mating \^ith field officer the revie^^ ind approv a I o F all pro pnsetl phys]caloperation'ion stile leasee In addil]on, four oral aiK^tiont of new oil and ga'> ]ea'^e'> are prepared anti condnc ted eac h ye a r Fn FV 2005- ] .400,063 bairek of 01] were prodiiced-7,240.O46MCFnfg4saDd ] ,(337,569 giUon"!

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