State Land Office Signs Special Use Permit With Continental Divide Trail Coalition

State Land Office Signs Special Use Permit With Continental Divide Trail Coalition

Coalition gains ability to issue permits to hikers as trail season begins

SANTA FE, NM – Commissioner Stephanie Garcia Richard has signed Special Use Permit No. 2019-001 giving the Continental Divide Trail Coalition (CDTC) the ability to issue permits to Trail hikers and horseback riders that will allow them to lawfully access the portions of the Trail that are on State Trust Lands.

State Land Office: March Lease Sales Generate Nearly $5 Million

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State Land Office: March Lease Sales Generate Nearly $5 Million

State Lands are Open for Business

SANTA FE, NM – The State Land Office held their monthly online oil and gas lease sales, raising $4.9 million for New Mexico schools, hospitals, and colleges. 24 tracts of land were offered, 22 of which were closed for bid. Closed bids included 4,285 acres in Chaves, Lea, and Eddy counties. The aggregate bid amounted to an average per-acre price of $1,444.56.

Grazing Fee Decreases for 2019 Agricultural Leases

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Grazing Fee Decreases for 2019 Agricultural Leases

SANTA FE, NM – The State Land Office (SLO), in accordance with NMAC 19.2.8.11, has updated the fee assessed to ranchers and farmers who lease state trust land for livestock grazing. The amount is determined annually using a formula that accounts for various factors such as private grazing land lease rates, beef cattle prices, and the cost of livestock production. The formula has been used to determine rental rates for livestock grazing since 1988.