Tract No. 157
TRMS2319
AUCTION CANCELLED
Property Schedule
TRMS2319
Sec. 20 E2NE, NW, NWSW, NESE
Tract Details
TRMS2319
Sec. 20 E2NE, NW, NWSW, NESE
Lease Terms and Conditions
Purchase price includes the lease bonus and 1st year rental and buyer's premium. Buyer will be responsible for paying rental payments for years 2 through 5.
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There is no assurance that there is any potential for production on any tract offered for leasing by the State Board of Land Commissioners.
Click here to view the lease form.
Lease Royalty Rate Information Colorado State Land Board oil and gas leases will be initially offered at a 20% royalty rate. If a lease does not sell at auction, it will be available at the next subsequent auction at a 18.75% royalty rate. If a tract is unsold at the 18.75% rate, it will be placed back into the State Land Board inventory and can be nominated for future auctions starting at the 20% royalty rate. For questions about this process please contact Catie Stitt at 303-866-3454 ext. 3326.
Lease Stipulations
142. OG STIP 3 WITH MULE DEER SEVERE & CRITICAL WINTER RANGE, BURROWING OWL NEST SITES, AND SWIFT FOX SURVEY:
A) SEVERED ESTATE WITH BIOLOGICAL ISSUES: Lease contains Colorado Parks & Wildlife (CPW) mapped High Priority Habitat (HPH) and/or occurrences of Federally-listed Endangered, Threatened, or Candidate wildlife or plant species as mapped by Colorado Natural Heritage Program (CNHP). Lessee must notify Lessor’s District Manager prior to surface access and proposed surface occupancy and in connection with any proposed oil and gas operations, including, without limitation, the submittal of a Location Assessment or an Application for Permit to Drill (APD). Lessee is encouraged to notify CPW and CNHP in connection with the required surface owner notice.
B) MULE DEER SEVERE & CRITICAL WINTER RANGE: This lease falls within mapped Mule Deer Critical Winter Range. CPW recommends No Surface Occupancy (NSO) between December 1 - April 30 to protect winter habitat area. CPW recommends a surface density limitation of 1 pad and less than one linear mile of routes per square mile (640 acres). Lessee shall consult with the State Land Board prior to APD to determine Best Management Practices to address Mule Deer concerns.
C) BURROWING OWL STIPULATION: This tract potentially contains a burrowing owl nest site. Lessee must conduct a pre-construction survey to identify burrowing owl nest sites. If a burrowing owl nest site is identified, Lessee shall consult with the State Land Board Staff regarding their results prior to drilling operations.
D) SWIFT FOX STIPULATION: Prior to drilling operations, Lessee must conduct a Swift Fox survey for active den sites. Lessee shall consult with the State Land Board regarding their results prior to drilling operations.
A. RARE PLANT SPECIAL STIPULATION:
The Colorado Natural Heritage Program (CNHP) has identified rare plant species on this tract. Prior to any surface occupancy, Lessee shall consult with the State Land Board regarding the plant species. A survey may be required prior to construction or drilling operations.
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
Payment must be made within two business days.
Buyer Premium
A 2% Buyer Premium, calculated as 2% of the total bonus plus rental, will be added to the cost of this lease.
Colorado State Land Board Points of Contact
Minerals Director
Christel Koranda
Email
Christel.Koranda@state.co.us
Office
(303) 866-3454 ext 3321
Oil and Gas Specialist
Catie Stitt
Email
Catie.Stitt@state.co.us
Office
(303) 866-3454 ext 3326