Server Time (CDT): May 17, 8:27:28a

WY-2024-03-7286

Johnson County, WY
BLM Wyoming Federal Oil & Gas Lease Sale, March 5, 2024

SOLD

Property Schedule

Due Diligence Began 12/11/2023
Bidding Started 3/5/2024
Bidding Ended 3/5/2024 10:52 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-2024-03-7286

Acres:

975.86

Time Remaining:

Auction has ended

Start Time:

3/5/2024 8:52 AM MST / 9:52 AM CST

End Time:

3/5/2024 9:52 AM MST / 10:52 AM CST

Your Bid:

-

Highest Bid:

$112/acre

Starting Bid:

$10/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$114,074.68
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-2024-03-7286

County, State

Johnson, WY

Legal Description

T. 45 N., R. 77 W., SIXTH PRINCIPAL,
Sec. 17 LOTS 1-16;
Sec. 18 LOTS 5, 6, 11-14, 19, 20;

Acres

975.86

Rental (1st Year)

$2,928.00

Royalty

16.67%

Administrative Fee

$195.00

Expression of Interest

WY00018859: WY00018858: WY00018856

Comments

Split Estate

Serial Number

WYWY106338796

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:

  • WY STD LEASE STIPULATION NO. 3 Multiple Mineral Development
  • WY BFO_CSU_BEGE4028 Bald and Golden Eagle Winter Roosting Habitat
  • WY BFO_CSU_H20500F1014 Surface Waters and Associated Riparian Habitats - 500 feet of springs, reservoirs, etc.
  • WY BFO_CSU_R500F4009 Riparian Systems, Wetlands and Aquatic Habitats - 500 feet
  • WY BFO_CSU_RN4028 Raptor Nests (Non-Special Status Species)
  • WY BFO_CSU_SE1004 Severe Erosion Hazard
  • WY BFO_CSU_SLOPES25to501006 Slopes Greater than 25% and Less than 50%
  • WY BFO_CSU_SSWLA4034 Amphibian Species Breeding, Sheltering, and Hibernation Habitat
  • WY BFO_CSU_SSWLB4034 Bat Species Breeding, Nursery, Roosting, and Hibernation Habitat
  • WY BFO_CSU_SSWLH4007 Wildlife Habitat for Special Status Species
  • 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 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
  • WY BFO_TLS_BEN4026 Bald Eagle Nests
  • WY BFO_TLS_EWR4028 Eagle Winter Roosts
  • WY BFO_TLS_NSSRN4030 Raptor Nests (Non-Special Status Species)
  • WY SW_TLS_GHMAL Greater Sage-Grouse breeding, nesting, etc. Within 2 miles of an occupied lek outside Priority Habitat Management Areas

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 $195, 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.

Contacts

BLM Wyoming State Office
Email BLM_WY_OG_Lease_Sale_Info@blm.gov


EnergyNet Government Resources
Email government@energynet.com
Office (877) 351-4488

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #74

3/5/2024 10:51:57 AM

$112

Bidder #813

3/5/2024 10:51:54 AM

$111

Bidder #162

3/5/2024 10:51:53 AM

$55

Bidder #570

3/5/2024 10:04:30 AM

$27