WY-2023-09-1735
SOLD
Property Schedule
Parcel Details
Lease Terms and Conditions
All bidding and lease sale on BLM parcels listed on this website shall be subject to the statutes, administrative rules and regulations of the BLM per the authority of the Mineral Leasing Act of 1920 as amended and the Mineral Leasing Act for Acquired Lands of 1947, as amended.
A lease issued as a result of this sale will have a primary term of 10 years. It will continue beyond its primary term as long as oil or gas in paying quantities is produced on or for the benefit of the lease. Rental at $3.00 per acre for the first 2 years, $5.00 per acre for years 3 thru 8, and $15.00 per acre thereafter is due on or before the anniversary date with the first year's rental paid to the BLM and subsequent payments paid to the Office of Natural Resources Revenue (ONRR) each year until production begins.
The royalty rate that applies to the lands offered in this lease sale is a fixed 16.67 percent. Once a lease is producing, you must pay a royalty of 16.67 percent (or as the lease is amended) of the value or the amount of production removed or sold from the lease. You will find other lease terms on the standard lease form. (Form 3100-011, March 2023).
Stipulations
Stipulations are part of the lease and supersede any inconsistent provisions of the lease form. Some parcels are subject to surface use stipulations. They are requirements or restrictions on how you conduct operations.
They become part of the lease and supersede any inconsistent provisions in the lease form. See Sale Notice for stipulation details.
THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:
- HQ-CR-1 Cultural Resource Protection
- HQ-MLA-1 Notice to Lessee Concerning Mineral Leasing Act Section 2(a)(2)(A)
- HQ-TES-1 Threatened and Endangered Species Act
- WY STD LEASE STIPULATION NO. 3 Multiple Mineral Development
- WY STD LEASE NOTICE NO. 1 Reasonable Measures to Minimize Adverse Impacts to Resources
- WY STD LEASE NOTICE NO. 2 National Historic Trails
- WY STD LEASE NOTICE NO. 3 Greater Sage-Grouse Habitat
- WY STD NOTICE TO LESSEE Attachment to Each Lease. Mineral Leasing Act requirements with respect to coal leasing
Successful Bidder Notification and Buyer Premium
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
On the day of the sale, you must pay at least the minimum bonus bid of $10 per acre or fraction of an acre; the first year's advance rental of $3 per acre or fraction of an acre; and a non-refundable administrative fee of $185, to the BLM State Office by the close of business.
A 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.
BLM Wyoming Contact Information
EnergyNet Point of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #269
9/6/2023 11:01:56 AM
$10,001
Bidder #294
9/6/2023 11:01:56 AM
$10,000
Bidder #269
9/6/2023 11:01:56 AM
$8,444
Bidder #476
9/6/2023 11:00:34 AM
$8,443
Bidder #297
9/6/2023 11:01:55 AM
$5,999
Bidder #476
9/6/2023 11:00:34 AM
$5,326
Bidder #297
9/6/2023 11:01:46 AM
$5,325
Bidder #476
9/6/2023 11:00:34 AM
$2,451
Bidder #424
9/6/2023 11:01:44 AM
$2,450
Bidder #476
9/6/2023 11:00:34 AM
$2,411