Server Time (CDT): Mar. 28, 5:00:34a

MGL No. 120

Dimmit/LaSalle
Texas General Land Office Oil and Gas Lease Sale, August 4, 2015

AUCTION CANCELLED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Please log in as a buyer in order to bid.

Tract:

MGL No. 120

Gross Acres:

1,601.66

Net Acres:

1601.655

Time Remaining:

Auction has ended

Start Time:

6/20/2015 10:00 AM CDT

End Time:

8/4/2015 10:00 AM CDT

Minimum Bid:

$1,000 per acre

Total Tract Cost at Minimum Bid:

$1,641,701.50
(Bonus + Agency Fees + Buyer Premium)

Legal Description:

Tract Details

Lease Name

MGL No. 120

County, State

Dimmit/LaSalle

Legal Description

CHAPARRAL WILDLIFE MANAGEMENT AREA

PSF Lands (Y/N)

No

Gross Acres

1,601.66

Net Acres

1601.655

Sec. or Tract

0

Survey

CHAPARRAL WILDLIFE MANAGEMENT AREA

Royalty

25%

Comments

BEING A PART OF THE CHAPARRAL WILDLIFE MANAGEMENT AREA, DIMMIT AND LASALLE CO, TX, COVERING 9,606.93 SURFACE ACRES AND 1,601.655 NMA, MORE OR LESS, SAID TRACT BEING A PART OF THAT CERTAIN TRACT OF LAND CONVEYED TO THE TEXAS PARKS AND WILDLIFE DEPARTMENT BY GEORGE E. LIGHT III, ET UX, BILLIE RAE LIGHT, BY DEED DATED DECEMBER 23, 1968, RECORDED IN VOL. 151, PAGE 239, DEED RECORDS, LASALLE CO, TX, FURTHER DESCRIBED AS ALL OR PARTS OF THE FOLLOWING SURVEYS:

DIMMIT CO, TX
I. & G.N. RR. CO. SVY, A-551; I. & G.N. RR. CO. SVY, A-570; I. & G.N. RR. CO. SVY, A-572; I. & G.N. RR. CO. SVY, A-552; I. & G.N. RR. CO. SVY, A-569; I. & G.N. RR. CO. SVY, A-573; I. & G.N. RR. CO. SVY, A-553; I. & G.N. RR. CO. SVY, A-568; I. & G.N. RR. CO. SVY, A-574; I. & G.N. RR. CO. SVY, A-554; I. & G.N. RR. CO. SVY, A-567; I. & G.N. RR. CO. SVY, A-575; E.H. BURRIS SVY, A-1538; T. C. RR. CO. SVY, A-1357; J.G. BRAWLEY SVY, A-1253; G.C. & S.F. RR. CO. SVY, A-1369; W.F. JAY SVY, A-1437; G.C. & S. F. RR. CO. SVY, A-1370

LASALLE CO, TX
G.C. & S.F. RR. CO. SVY, A-1173; W.F. JAY SVY, A-1645; G.C. & S.F.RR.CO. SVY, A-1174; I. & G.N. RR. CO. SVY, A-741; I. & G.N. RR. CO. SVY, A-743; I. & G.N. RR. CO. SVY, A-742; W.F. JAY SVY, A-1615

(FOR A PLAT SHOWING THE TRACT REPRESENTING THE NOMINATED TRACT, PLEASE REFER TO THE .PDF ON THE LEASE SALE WEBSITE. YOU MAY ALSO CONTACT JESSE ARELLANO AT 512-475-1499 FOR A COPY.)

Group Name

Texas Parks and Wildlife Department

Additional Information

TEXAS PARKS AND WILDLIFE DEPARTMENT

TERMS AND CONDITIONS
The royalty on the Texas Parks and Wildlife Department (TPWD) tract is fixed at 25% of the gross production of oil and/or gas. The primary term of the lease shall be one (1) year. Subject to the right to reject any bid, the TPWD Board for Lease will lease the advertised tract to the highest bidder meeting or exceeding the minimum bid.
  • Surface Use Restriction: Entry onto the property and use of the surface for the operations performed under the oil and gas lease shall be subject to the TPWD Surface Use Agreement.
  • Continuous Drilling Clause: After expiration of the primary term, there will be a continuous drilling requirement of no more than seventy-five (75) days between the cessation of drilling one well and the commencement of the next well. If lessee drills wells with fewer days than seventy-five days between wells, they can “bank” days up to 365 days.
For a copy of the lease form to be used for the TPWD tract or for additional information concerning TPWD tract, contact the Mineral Leasing Division at either (512) 475-1499 or (512) 475-1512 or TPWD at (512) 389-4590.

ABBREVIATIONS AND DEFINITIONS
AC - Acre(s)
NAVI DIST - NAVIGATION DISTRICT: Indicates that all or a portion of the tract lies within the boundaries of a navigation district. Bidders should contact the applicable governing authority for the navigation district and the General Land Office for surface use restrictions.
POL – PORTION OUTSIDE LEASE: Indicates that the acreage within the boundaries of the tract is available for lease save and except any portion included in a valid oil and/or gas lease. Lease information is available in the mineral file located in the Archives and Records Division of the General Land Office.
POU - PORTION OUTSIDE UNIT: Indicates that the acreage within the boundaries of the tract is available for lease save and except any portion included in a valid oil and/or gas unit. Unit information is available in the mineral file located in the Archives and Records Division of the General Land Office.
PT - PART: Bidders should contact the General Land Office for further information.
TMLL - THREE MARINE LEAGUE LINE: Denotes tracts that are adjacent to the Three Marine League Line. These tracts have been submitted to the MMS for the coordination of acreage.
WFAL - Denotes tracts that are WEST of the FEDERAL ADMINISTRATION LINE.
Drilling Permits from the last 180 days in Dimmit County, Texas
source: www.drillinginfo.com

Drilling Permits from the last 180 days in LaSalle County, Texas
source: www.drillinginfo.com

Drilling Rigs on Location in Dimmit County, Texas
source: www.drillinginfo.com

Drilling Rigs on Location in LaSalle County, Texas
source: www.drillinginfo.com
Notice: A Buyer Premium will be added to the total bonus amount cost of this lease, calculated as follows:
Tract Bonus BidBuyer's Premium
<=$50,0001.25%
>=$1,000,0001.00%
Buyer Premiums are only due for tracts which are sold and computed only on the winning bonus bid amount. The schedule offers a fixed rate of 1.25% up to a bonus bid value of $50,000 and then begins to slide linearly to a rate of 1.00% for a bonus bid value of $1,000,000. Bonus bids in excess of $1,000,000 are computed at a fixed rate of 1.00%.
GIS Data
GIS data in the form of a shapefile is available for this lease sale. Click here to download.
The Texas General Land Office has provided a GIS map viewer, which can be viewed by clicking on the following link. http://gisweb.glo.texas.gov/glomap/index.html.
Please be advised that the information contained herein is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither Texas nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data contained herein.
Contact Information
Texas
George Martin
Landman
1700 Congress Avenue
Austin, TX 78701-1495
(512) 475-1512

Robert Hatter
Director Energy Resources
1700 Congress Avenue
Austin, TX 78701-1495
(512) 475-1542
EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
440 Louisiana, Suite 600
Houston, TX 77002
(832) 403-3122

Gus Rivero
Land Supervisor
7201 I-40 West, Suite 319
Amarillo, TX 79106
(806) 463-3616