NM-201909-014
SOLD
Property Schedule
Parcel Details
Formerly Lease No. NMNM 57550
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. Advance rental at $1.50 per acre for the first 5 years ($2 per acre after that) is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 12.5 percent of the value or the amount of production removed or sold from the lease. You will find other lease terms on our standard lease form (Form 3100-11, October 2008).
Lease 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:
SENM-S-19 Playas and Alkali Lakes
SENM-S-51 Farmland
NM-11-LN Special Cultural Resource
WO-ESA-7 Endangered Species Act
WO-NHPA National Register of Historic Places
NOTE
Surface disturbance within this lease may be limited to the northeastern most portion of the lease to protect playa wetlands as the playa wetlands are spatially distributed throughout the central and southern portions of the lease. These playa wetlands are protected surface waters of the State (under 20.6.4 NMAC, New Mexico Standards for Interstate and Intrastate Surface Waters) and are subject to the protective buffers outlined in the stipulation SENM-S-19 attached to this lease.
For the map, see Amendment Notice 1.
Successful Bidder Notification
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 $2 per acre or fraction of an acre; the first year's advance rental of $1.50 per acre or fraction of an acre; and a non-refundable administrative fee of $165, to the BLM State Office by the close of business.
Buyer Premium
A 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.
BLM New Mexico Contact Information
Email
blm_nm_leasesale@blm.gov
EnergyNet Points of Contact
VP, Government Resources
Gus Rivero
Email
Gus.Rivero@energynet.com
Office
(806) 463-3616
Managing Director, Government Resources
Brandon Savage
Email
Brandon.Savage@energynet.com
Office
(806) 463-3621
Transaction Manager
Heather Fugger
Email
Heather.Fugger@energynet.com
Office
(806) 463-3619
Global Markets Strategic Analyst
Anastasia Rademaekers
Email
Anastasia.Rademaekers@energynet.com
Office
(806) 463-3635
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #17
9/5/2019 11:25:53 AM
$262
Bidder #11
9/5/2019 11:25:56 AM
$261
Bidder #17
9/5/2019 11:25:53 AM
$258
Bidder #29
9/5/2019 11:25:55 AM
$257
Bidder #17
9/5/2019 9:27:01 AM
$102
Bidder #15
9/5/2019 11:24:28 AM
$101
Bidder #17
9/5/2019 9:27:01 AM
$21
Bidder #15
9/5/2019 11:23:52 AM
$20
Bidder #17
9/5/2019 9:27:01 AM
$9
Bidder #15
9/5/2019 11:23:41 AM
$8