In February, 2006, the Bureau of Land Management (BLM)
conducted a federal oil and gas lease sale/auction that
included tracts of federal oil and gas estate in Mesa
County, and specifically within the recognized and mapped
watersheds of the Town of Palisade (Palisade) and the
City of Grand Junction (Grand Junction), Colorado. Decisions
in the January, 1987, Grand Junction Resource Management
Plan and Record of Decision (RMP) made these tracts available
for leasing. Within and adjacent to the subject watersheds,
the subsurface oil and gas tracts in the February, 2006
sale overlapped surface estate owned or managed by private
individuals, the BLM, the US Forest Service (USFS), and
Palisade and Grand Junction.
On August 3, 2006, the BLM issued leases for the federal
oil and gas tracts within the watersheds to Genesis Gas
& Oil LLC, a company headquartered in Kansas City,
Missouri. The leased oil and gas tracts include a total
of approximately 765 acres within Grand Junction’s
watershed and 11,280 acres within Palisade’s watershed.
The lands encompassing these municipal watersheds lie
within the southern Piceance Basin geologic province,
and have a subsurface geologic framework suspected to
hold significant natural gas resources.