Server Time (CDT): May 18, 6:02:23p

KS-2024-06-0009

Cheyenne County, KS
BLM Kansas and New Mexico Federal Oil & Gas Lease Sale, June 20, 2024

AUCTION NOT YET STARTED

Property Schedule

Due Diligence Began 3/11/2024
Bidding Starts 6/20/2024
Bidding Ends 6/20/2024 11:12 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Parcel:

KS-2024-06-0009

Acres:

40.00

Time Remaining:

32D 17H 9M 37S

Start Time:

6/20/2024 8:12 AM MDT / 9:12 AM CDT

End Time:

6/20/2024 10:12 AM MDT / 11:12 AM CDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$10/acre

Bid Increment:

$1

Total Cost at Starting Bid:

$721
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

KS-2024-06-0009

County, State

Cheyenne, KS

Legal Description

T. 2 S., R. 41 W., SIXTH PRINCIPAL,
Sec. 11 SESE;

Acres

40.00

Rental (1st Year)

$120.00

Royalty

16.67%

Administrative Fee

$195.00

Expression of Interest

NM00017920

Comments

Split Estate

Serial Number

KSNM106355458

Lease Terms and Conditions

All bidding 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 $3 per acre for the first 2 years, $5 per acre for years 3 through 8, and $15 per acre thereafter is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 16.75 percent of the value or the amount of production removed or sold from the lease. Other lease terms may be located 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:

  • NM-13-CSU Paleontological Resources
  • OFO-1-CSU Lands with Sensitive Soils
  • 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
  • NM-11-LN Special Cultural Resource
  • NM-14-LN Paleontological Resources
  • OFO-4-LN Migratory Birds and Birds of Conservation Concern
  • OFO-7-LN Potential Cave or Karst Occurrence Area
  • OFO-8-LN Cultural Resources and Tribal Consultation
  • OFO-4-NSO Riparian-Wetland Areas and Waterbodies
  • OFO-1-TL Bald and Golden Eagle Nests

Contacts

BLM New Mexico State Office
JulieAnn Serrano, Supervisory Land Law Examiner
Email jserrano@blm.gov


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

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.

A 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.

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; and
  • Complete the Form 3000-02, (March 2023) and forward to the BLM State Office by the close of business