MT-2022-06-0235
SOLD
Property Schedule
Sec. 1 LOTS 11.
Parcel Details
Sec. 1 LOTS 11.
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 18.75 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:
- CR 16-1 Cultural Resources Lease Stipulation:
- Standard 16-3 Oil And Gas Lease Stipulations:
- TES 16-2 Endangered Species Act Section 7 Consultation Stipulation:
- CSU 12-23 Air Resources:
- CSU 12-24 Soils, Sensitive Soils:
- CSU 12-25 Riparian, Wetlands:
- LN 14-3 Paleontological Resources:
- LN 14-12 Paleontological Resource Inventory Requirement:
- LN 14-18 Air Resource Analysis:
- LN 14-20 Migratory Bird Treaty Act:
- LN 14-23 Setback From Human Occupied Residences Requirement:
- NSO 11-70 Streams, Waterbodies, Riparian, Wetland, And Floodplains:
- NSO 11-75 Piping Plover:
- NSO 11-76 Interior Least Tern:
- NSO 11-78 Pallid Sturgeon Habitat:
- NSO 11-84 Significant Cultural Resources, NRHP - Eligible Properties And Districts, And TCPs:
- NSO 11-88 National Historic Landmarks (NHLs) And Historic Battlefields And The Lewis And Clark National Historic Trail:
- NSO 11-89 Sage-Grouse Habitat - Priority Areas, West Decker Restoration Area, South Center Restoration Area
Offset Activity
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 $175, to the BLM State Office by the close of business.
Communitization Agreement(s)
MTMT105375819 The land within this parcel is committed to Communitization Agreement (CA) MTM 108117, Bakken/Three Forks Formation, effective 11/11/2013, which includes the entire area of this parcel. The operator of this CA is Oasis Petroleum North America LLC. The successful bidder should contact the CA operator to determine their rights under this CA. The CA operator may require the successful bidder to pay a proportionate cost of the well, including drilling, completing, equipping, and operating the well as a condition of participating in the CA.
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 Montana Contact Information
EnergyNet Points of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #485
6/30/2022 10:29:53 AM
$3,051
Bidder #132
6/30/2022 10:30 AM
$3,050
Bidder #485
6/30/2022 10:29:53 AM
$3,001
Bidder #268
6/30/2022 9:36:30 AM
$3,000
Bidder #132
6/30/2022 10:29:47 AM
$2,900
Bidder #268
6/30/2022 9:36:30 AM
$2,751
Bidder #132
6/30/2022 10:29:34 AM
$2,750
Bidder #268
6/30/2022 9:36:30 AM
$2,334
Bidder #551
6/30/2022 10:22:09 AM
$2,333
Bidder #268
6/30/2022 9:36:30 AM
$2,251