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Yearly State Leasing Data

2016 - State Land Oil and Gas Leasing

In 2016, DMN administered 77 leases on 44,435 acres of state land in Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Erie, Ontario, Schuyler, Seneca, and Steuben counties. There were 221 wells located on and/or unitized with state land associated with 63 of these leases paying production royalties.

Revenues from oil and gas leases on state lands totaled $202,676 in 2016, a decrease of $58,215 from 2015. The decrease in leasing revenues paid to the state is attributed primarily to the decline in production and the decline in oil and natural gas prices during 2016. The average price of oil decreased from $48.66/bbl in 2015 to $43.29/bbl in 2016, while the average wellhead price of natural gas decreased from $2.62/mcf in 2015 to $2.52/mcf in 2016.

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 2016:

  • 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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