A dip followed boom years between 2008 and 2014, when drilling on Colorado’s Western Slope, where most federal leases are located, were at a peak. Lease and fee revenues rose this year spurred by rising commodity prices and an increase in the royalty rate for the first time since the 1920s. The revenue is split between the federal government and the state, which forwards money on to local governments and school boards The Colorado Sun
Oil, natural gas and coal mining operations on federal lands in Colorado generated more than $393 million in lease and fee revenues in 2022 for…
