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Geothermal lease

An agreement that gives a company the right to explore for and develop geothermal energy resources on a specific piece of federal land.

Cost recovery

A system where a government agency charges fees to cover the administrative expenses it incurs when providing services or regulating activities.

Discretionary offsetting collections

Funds that an agency collects and can spend, but only if Congress specifically allows it in annual spending laws.

Geothermal Steam Act of 1970

A federal law that governs the leasing of federal lands for geothermal resource development.

Bureau of Land Management (BLM)

An agency within the Department of the Interior responsible for managing over 245 million acres of public lands, including geothermal resource leases.

Reclamation

The process of restoring land disturbed by mining, drilling, or other industrial activities to a natural or economically useful state.

Geophysical exploration

The use of scientific methods, such as seismic surveys or magnetic measurements, to study the Earth's subsurface and locate natural resources like geothermal reservoirs.