Record geothermal lease bid in New Mexico signals rising developer interest

A New Mexico parcel sold for $701 per acre in June, the highest price for federal geothermal leases, as competitive bidding intensifies ahead of scheduled lease sales in Utah.

First covered Aug 13, 2026 · 11:16 AM PT · 1 article

Coverage

6h Utility Dive Record-setting geothermal bid signals rising interest in federal leases — One parcel in New Mexico sold for $701 per acre in June. Analysts cited stronger bidder competition as the Bureau of Land Management prepares for another lease…

More coverage from around the web

enverus.com New Mexico Geothermal Lease Sale Hits $107/Acre | Enverus

thinkgeoenergy.com New Mexico geothermal lease sale nets over $16 million on bids for 47 parcels

blm.gov BLM New Mexico geothermal lease sale generates $9,135 | Bureau of Land Management

blm.gov BLM Geothermal Lease Sale in New Mexico Nets Over $16.5 Million | Bureau of Land Management

efficientmarkets.com Government Sales Results – Efficient Markets

Appeared in: 2026-08-13 (#3) · 2026-08-14 (#4)

← Back to the brief