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Steamboat Springs — A February auction of state mineral leases indicated a surge of oil and gas speculation in western Routt County.
Colorado’s State Land Board auctioned multiyear leases of surface or subsurface mineral rights on 19 Routt County tracts, totaling more than 5,200 acres. Most of the tracts are in the Hayden area. Others are close to the Moffat County line. Routt County leases sold in the Feb. 17 auction generated nearly $4.2 million in revenues for the Land Board, which channels revenues to Colorado public schools.
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