Nevada
Nevada third for federal oil potential in new study, but industry growth still unlikely
The federal government raised its estimate this week for how much oil and gas could be extracted from public lands in Nevada, placing the state third for oil potential.
Nevada holds 1.4 billion barrels of “undiscovered” oil beneath its public lands – only falling behind Alaska and New Mexico – and 1.2 billion cubic feet of gas, according to the newly compiled figures released by the U.S. Geological Survey last week.
“We think there’s resource potential there, and it just so happens there’s a lot of federal land,” said Chris Schenk, the lead author of the report.
The estimates are of “technically recoverable oil and gas resources” — many of which may not be economically viable to extract — that could be retrieved with current technologies. It’s the first time the agency has tallied the amount of oil and gas under national parks, wilderness areas and other public lands nationwide since 1998, according to Nevada Current.
Technology has improved significantly since then, increasing the estimated resources that could potentially be extracted from public lands, according to the report.
The analysis was prepared in response to a directive by the Trump administration to “unleash” domestic energy supplies. In February, Interior Secretary Doug Burgum directed his agencies to identify energy and critical minerals on public lands.
“American Energy Dominance is more important than ever, and this report underscores the critical role science plays in informing our energy future,” Burgum said in a press release announcing the study.
The report also comes as Republicans in Congress try to push a proposal that would allow the federal government to sell off several million acres of public land in Nevada, Utah and other Western states.
Nationally, the analysis estimated 29.4 billion barrels of oil and 391.6 trillion cubic feet of gas lie below all federal lands – enough oil to meet the county’s needs for four years and a dozen years in the case of natural gas.
The last federal analysis of undiscovered oil and gas resources on public lands in 1998, estimated about 7.8 billion barrels of oil and 201 trillion cubic feet of gas.
Schenk, the lead author of the report, said the analysis uses decades of federal data to estimate the potential for oil and gas where it hasn’t been discovered yet, but there’s still room for “uncertainty.”
“Whenever you’re exploring for resources, whether it’s minerals or oil and gas, there’s uncertainty before you drill,” Schenk said. “There’s a lot of uncertainty, because it’s undiscovered.”
That uncertainty is reflected in the lack of oil and gas leasing in Nevada, despite available data pointing to potential sources in the state.
Nevada lease sales have long drawn little interest from industry. It’s not uncommon for large swaths of nominated land to never get a bid.
For example, the Bureau of Land Management offered five oil and gas parcels in Nevada totaling 6,800 acres this week. None of the parcels received a single bid. Those same parcels also failed to attract any industry interest in 2023 and 2024.
“We recognize that interest in Nevada is lower than other states in the West where development is more economical, such as New Mexico and Wyoming. The scale of this auction, for instance, was small relative to others,” said Aaron Johnson, the vice president of public and legislative affairs for the Western Energy Alliance trade group.
When land does get leased for oil and gas development, it underperforms in auction. From 2015 to 2024, the average bid per acre in Nevada was just $4.10—compared to $4,900 per acre in New Mexico.
Still, the Trump administration has pushed to lease more of Nevada’s public lands including 264,000 acres of public land in Elko County’s Ruby Mountains, a popular hunting and outdoor recreation site in Nevada.
Drilling opponents remain skeptical that there’s much oil and gas in Nevada or that extracting it would make economic sense any time soon. They think the development push is rooted in speculation.
“We’ve been leasing these low potential lands since the 1950s,” said Russell Kuhlman, the executive director of the Nevada Wildlife Federation. “We have yet to find anything that would get the oil and gas industry excited.”
Kuhlman said speculative oil and gas leasing in Nevada removes land that would be better suited for the recreation economy, wildlife conservation, or renewable energy development in the state.
Over 90 percent of public lands managed by the Interior Department in Nevada are available to be leased for oil and gas drilling. Once leased, public lands are locked up from being managed for multiple uses such as outdoor recreation and conservation for the life of the lease, which could be 10, 20 or even 30 years.
“That’s really where the issue is, once land is identified as an oil and gas lease, it’s essentially put in that folder and forgotten about by the Bureau of Land Management,” Kuhlman said.
Nevada
Brewing Better Health: How data shapes public health
With another cup of Turkish coffee poured, the Brewing Better Health series continues, this time turning to a conversation about data, trust and how people make sense of changing information.
In Episode 5 of Brewing Better Health, Matt Strickland, Ph.D., joins Dean Muge Akpinar-Elci, M.D., MPH, to talk about how data, communication and evolving evidence shape the way people understand health and make decisions.
Strickland is a professor and chair of the Department of Biostatistics, Epidemiology and Environmental Health at the University of Nevada, Reno School of Public Health. He studies how environmental exposures, such as air pollution and wildfire smoke, affect population health. That research often relies on large data sets, tracking outcomes like asthma, cardiovascular health and emergency department visits across entire communities.
But, as he explains, the work is never just about numbers.
“We are so used to working with big data sets, we can forget that those entries in the data sets are people,” Strickland said. “These are families.”
That perspective took shape early in his career while working with a birth defects surveillance system. Listening to families helped him see that public health data is not just about analysis. It is about answering real questions, helping people understand what lies ahead and making information useful in their daily lives.
“We are so used to working with big data sets, we can forget that those entries in the data sets are people,” Strickland said. “These are families.”
As they continue talking, Akpinar-Elci and Strickland reflect on how this work connects to decision-making. Much of the research contributes to the evidence used to set air quality standards under the Clean Air Act, helping identify which pollutants pose the greatest risk and where action can make the most difference.
In Nevada and across the western United States, that focus increasingly includes wildfire smoke, dust and other environmental challenges shaped by climate and geography. While the health risks tied to air pollution may seem small at the individual level, Strickland explains that they look very different across a population.
“When everybody is breathing air, those tiny little increases in risk add up day after day,” he said.
As the conversation turns to trust, Akpinar-Elci raises a challenge many in public health are facing right now: how to communicate science as it changes.
“Science is constantly changing right now,” she says. “But when the message is not connected, that creates not trusting the results.”
Strickland sees that shift as well.
“Maybe part of the loss of trust in science is our fault as scientists,” he said. “People often have to rely on authority because they don’t always have the tools to evaluate the information themselves, and who people trust has changed over time.”
With so many voices and perspectives, knowing who to trust is not always straightforward. For both, the challenge is not just producing good science, but helping people understand how and why that science evolves over time.
Even with those challenges, Strickland remains optimistic. Looking at long-term trends, he notes that air quality in the United States has improved significantly over time, even as new issues like wildfire smoke continue to emerge.
For him, progress in public health is not about quick wins, but steady, long-term commitment.
“You have to kind of focus on the long game,” he said.
Brewing Better Health features faculty and public health leaders from the University of Nevada, Reno School of Public Health and beyond. Each episode pairs thoughtful conversation with the tradition of Turkish coffee, emphasizing connection, listening and shared understanding.
Watch Episode 5 of Brewing Better Health featuring Matt Strickland, Ph.D., on YouTube or listen on Spotify.
Nevada
Nevada, California, Arizona propose water plan pushing cuts to 20%
LAS VEGAS (KLAS) — Water officials from Nevada, Arizona and California say they will make extra contributions by reducing their use of the Colorado River. Combined with earlier commitments, the proposed cuts add up to a total of about 20% of the states’ water allotments.
The plan, released Friday by the three states, would stabilize the river through 2028, according to a joint news release. It adds an extra contribution of 700,000 acre feet of water to cuts already in place. An acre foot is literally the amount of water it takes to cover an acre of land in water a foot deep. That’s 325,851 gallons, enough water to supply two to three households for a year.
Las Vegas relies on the Colorado River for 90% of its water, but recycling has consistently allowed Southern Nevada to use a lot less water than Nevada’s full allotment. Recycled water is returned to Lake Mead, and that is subtracted from the state’s “consumptive use” of the river. After all the math, Southern Nevada uses about two-thirds of its water allotment. Nevada is seen as a conservation and recycling model for other states to follow.
“This proposal is about moving from ideas to implementation,” John Entsminger, general manager of the Southern Nevada Water Authority (SNWA), said in a statement included in the news release.
“It pairs real measurable water contributions with sensible dry-condition operations at Lake Powell and across the Upper Initial Units. Now is the time for every water user in the Basin to double down on water conservation as we face historically dry hydrology.”
The timing of the announcement comes as the federal government is working on a plan to replace a set of Colorado River rules that expire at the end of 2026. The three states behind the proposal, along with the four states in the Upper Colorado River Basin — Colorado, New Mexico, Utah and Wyoming — were unable to reach a consensus agreement. That’s when the federal government said it would put its own plan in place.
The Upper Basin states are asking for mediation, but the new proposal addresses what Lower Basin states see as an urgent need for immediate action — from every state. “The Lower Basin states stand ready to engage in a meaningful process for long-term solutions while encouraging the Upper Basin to step forward now with verifiable water contributions to help stabilize the system and support a near-term, seven-state bridge,” the news release said.
Friday’s plan involves cuts from the Lower Basin states, but those are contingent on actions at Lake Powell and reservoirs farther up the river. Without federal backing, those upstream actions are unlikely to happen. The plan also asks for congressional funding to assist states in making changes.
“I think the scariest thing about this proposal is that we are hearing the top water officials on the Colorado River system talk about elevations of Lake Mead going to depths that we have never seen before,” Kyle Roerink, executive director of the Great Basin Water Network, told 8 News Now on Monday.
“It’s no surprise that the leadership of the Southern Nevada Water Authority played a big role in developing this because it focuses on conservation. And the conservation that we are seeing proposed is the type of thing that Las Vegas is built and ready to handle. It also signals that other communities are getting serious about this as well,” he said.
Roerink said Nevada can handle big cuts that are coming, but other states are far behind in adjusting to the realities of drier conditions.
“They’re manageable because we’ve taken on the challenge of turf removal, watering restrictions, septic tank removal, moratoriums on evaporative cooling and data centers. This is why we have the resiliency,” Roerink said.
While every state is conserving some amount of water, the Lower Basin states are doing the hard work of trying to come up with a plan, Roerink said. The Upper Basin hasn’t been a part of that. Instead, those states are “digging in their heels,” he said.
California is by far the biggest user of Colorado River water, which flows through pipes and channels to metro Los Angeles and farmland in the Imperial Valley.
“With this proposal, the Lower Basin is putting forth real action to stabilize water supply along the Colorado River. We’re putting forward additional measurable water contributions for the system. Without that, the system will continue to decline,” JB Hamby, chairman of the Colorado River Board of California, said.
Up to now, Arizona has taken the steepest cuts as the desert Southwest has struggled through a federally declared water shortage since 2022. Farmers in Arizona were the first to have their water supplies reduced.
Tom Buschatzke, director of the Arizona Department of Water Resources, said the proposal reflects the creativity and commitment of water users across the Lower Basin. “We have shown that collaborative, voluntary efforts and reductions that are certain can produce meaningful water savings,” he said.
Roerink, who acknowledges that this year will likely be “one of the worst ever in recorded history in the Colorado River system,” said the plan from the Lower Basin states could go a long way in preventing hysteria. Making changes now could ensure that Lake Mead doesn’t drop to dangerous levels, he said.
Nevada
Viking preps 63-hole tungsten drilling blitz in Nevada
Brought to you by BULLS N’ BEARS
Murray Ward
Viking Mines is officially transitioning from paperwork to power tools at its Linka tungsten project in Nevada, lodging a formal Notice of Intent with the US Bureau of Land Management for an expansive 63-hole drilling campaign.
The move marks a pivotal shift for the company as it prepares to launch the first exploration drilling at the historical site in more than four decades, aiming to breathe new life into a project that last saw production in 1956.
The company says the upcoming blitz will test the Linka system at scale across 48 drill pads, focusing on three distinct technical objectives to unlock maximum value.
At the “Linka Main” target, Viking will chase confirmation of historical high-grade intercepts to fast-track a maiden resource. The company is out to replicate some serious old-timer hits, including 9.8 metres at 0.5 per cent tungsten trioxide from one hole, and another of 7.9 metres at 0.9 per cent tungsten trioxide. Not to be outdone, a channel sample previously delivered a chunky 8.5m at 1.0 per cent tungsten trioxide.
‘This 63-hole programme targets near-surface opportunities in a strategic US tungsten district.’
Viking Mines managing director and chief executive officer Julian Woodcock
The second phase of the attack will target the “Linka Southwest” extension. This high-potential zone sits under younger shallow cover where the mineralisation appears to continue for at least 800 metres beyond the known historical workings.
Viking plans to drill four sections spaced between 125 metres and 150 metres apart to confirm bedrock geology and the continuity of skarn mineralisation. Surface samples in this neck of the woods have already returned up to 0.6 per cent tungsten trioxide, suggesting the system has plenty of room to grow.
Viking Mines managing director and chief executive officer Julian Woodcock said: “Lodging the NOI marks our transition to active sub-surface exploration. This 63-hole programme targets near-surface opportunities and the 800m southwest extension, building a growth pipeline in a strategic US tungsten district.”
Lastly, regional reconnaissance drilling will push further afield to test the scale of a broader intrusive body flagged by magnetic and gravity surveys. Shallow vertical holes will be used to pierce the cover and reach the underlying bedrock, to define the contact positions where tungsten mineralisation typically congregates.
Viking Mines says an expanded geophysical survey recently revealed a much bigger intrusive system at Linka than previously believed.
A deeper dive with the magnetics outlined a tungsten-bearing body stretching two kilometres wide, wrapped in a sprawling contact zone that runs for more than seven kilometres – a prime hunting ground for mineralisation.
The size of the contact zone is important since it marks the boundary where hot, metal-charged fluids from the intrusion collide with surrounding carbonate-rich limestone, setting up the perfect chemical trap for tungsten to precipitate in classic skarn-style mineralisation.
With federal nods expected this month, Viking is also in the final stages of contractor selection and expects to mobilise to the site during the June quarter.
The timing of the drill program looks spot ahead of the December 2026 REEShore Act mandate, which bans Chinese-origin tungsten from US military supply chains. The company is aiming to carve out a strategic foothold in the US, targeting a market that remains structurally short of domestic supply and increasingly hungry for secure, homegrown tungsten.
To further bolster the development case, the company is working with Mineral Technologies on a modular plant design and evaluating historical above-ground stockpiles, which have recently returned samples of 0.8 per cent tungsten trioxide.
While Linka is the immediate focus, Viking continues to monitor its other strategic interests, including the Canegrass vanadium project in Western Australia. However, the immediate prize is clearly in the Nevada desert.
Viking appears to be wasting no time in its bid to become a serious player in the critical minerals space. With the drill rods about to spin at Linka in a world-class jurisdiction and tungsten prices nearing record highs, punters will likely be keeping a close eye on the company’s unfolding Nevada story and eagerly watching for the first batch of assays to land.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
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