State Lands

The State Board of Land Commissioners (also known as the State Land Board or the SLB) was established in 1876 to manage more than 3 million acres of land and 4 million acres of mineral rights that the federal government gave to Colorado to generate revenue for public education and some of the state’s institutions. The SLB Resource Extraction Group manages the exploration and development of oil and gas, coal, and other solid minerals on State-owned lands. The SLB evaluates nonrenewable resources, manages all mineral leases, administers quarterly oil and gas lease sales, processes mineral royalty revenue and ensures that the State is compensated for its resources.