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Yearly State Leasing Data

2015 - State Land Oil and Gas Leasing

In 2015, DMN administered 74 leases on 44,435 acres of state land in Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Erie, Ontario, Schuyler, Seneca, and Steuben counties. There were 272 wells located on and/or unitized with state land associated with 65 of these leases paying production royalties.

The 44,435 leased acres represent a decrease of 29 acres from 2014. This decrease in total acreage is the result of the termination of two contracts comprising approximately 1.9 acres in the town of Erwin and 27 acres in the town of Big Flats.

Revenues from oil and gas leases on state lands totaled $260,891 in 2015, a decrease of $100,677 from 2014. The decrease in leasing revenues paid to the state is attributed primarily to the drop in oil and natural gas prices during 2015. The average price of oil decreased from $94.75/bbl in 2014 to $38.64/bbl in 2015, while the average wellhead price of natural gas decreased from $3.34/mcf in 2014 to $2.42/mcf in 2015.

Although nearly 59,000 acres of state land have been leased since 1999, only 37 (0.06%) of these acres have been disturbed by well drilling, access road and pipeline construction.

State Acreage Under Lease at Year-End 2015:

  • DEC State Forests - 32,383 acres
  • DEC Wildlife Management - 1,031 acres
  • Other State Agencies - 11,021 acres

A bar chart showing the Total Leasing Revenues for 2010-2015

Historical Leasing Reports:

The Oil & Gas Leasing Reports are summaries of yearly oil and gas activity on state lands, including production and financial information. Beginning with calendar year 2012, these annual summaries are included in the Division's Annual Report. Leasing Reports for previous years may be obtained by contacting the Division of Mineral Resources at the number listed on the right.

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