Some of the highlighted changes for 2023 Lease Sales include:
The BLM requires Enhanced Bidder Registration Forms from all Bidders for Oil & Gas and Geothermal sales. Upon a bidder's registration for a sale, EnergyNet will process these forms and provide electronic copies to the BLM . The Enhanced Bidder Registration Form information and related reports are subject to Freedom of Information Act (FOIA).
Within an hour after the last parcel closes, an email will be sent by EnergyNet to the successful bidders containing an invoice for the amount due to the BLM, and a separate email containing an invoice for the amount due to EnergyNet. Invoices are also available on the Buyer's Homepage. Please call EnergyNet at 866-364-4688 if an email is not received within one (1) hour following the sale.
The minimum bonus bid of $10.00 per acre or fraction of an acre, the first year's advance rental of $3.00 per acre or fraction of an acre, and a non-refundable administrative fee to the BLM State Office by the close of business (4:00 PM Mountain Time). Any remaining balance is due ten (10) business days from the close of the auction.
The buyer premium is due within two (2) business days to EnergyNet.
Remittance to the BLM may be made by wire transfer, ACH, or Credit Card. Full remittance instructions will be sent with the invoice.
Remittance to EnergyNet may be made by wire transfer, automated clearing house (ACH), or overnighted cashier's check. Full remittance instructions appear on the invoice.
If the payer differs from the bidder, simply reference the parcel information with the payment.
If the lessee's name will be different from the bidder's name, designate the appropriate Lessee Name on the BLM Enhanced Bidder Registration Form during the sale Registration process. On the day of the sale, successful bidders will need to identify the correct Lessee Name on Form 3000-2.
The BLM prepares lease documents and sends them directly to the identified Lessee for execution. Generally, leases are issued within 60 days, if all protests have been resolved and the Environmental Assessment signed.
Visit the EnergyNet YouTube page to view a video on Bidding Practices and Tips.
Contact the Government Resources Team with any questions at email@example.com or (877) 351-4488.