When will I receive the invoice for the tracts I won?

After the sale closes, an email will be sent by EnergyNet to the successful bidders containing an invoice for the amount due. Invoices are also available on the Buyer's Homepage. Please call EnergyNet at 866-364-4688 if an email is not received within three (3) hours following the sale.

When is the invoice due?

Submit the payment due for the bonus and all fees within two (2) business days to EnergyNet. One payment for all funds due is acceptable.

What are the payment options?

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.

What if the payer is different than the bidder?

If the payer differs from the bidder, simply reference the tract information with the payment.

What if the bidder name is different from the entity that will hold the lease?

If the lessee's name will be different from the bidder's name, designate the appropriate Lessee Name on the Lessee Information Sheet provided by EnergyNet on the day of the sale. The completed form is returned to EnergyNet.

When will I receive my Lease documents?

The Texas University Lands prepares lease documents and sends them directly to the identified Lessee for execution. Generally, leases are issued within four to five weeks.

Where can I find more information about the Nomination process?

Click Here to View Government Agency Nomination Information

Where do I find out more about placing bids?

View the guided tutorial on How to bid on Texas University Lands Oil and Gas Leases.

Contact the Government Resources Team with any questions at government@energynet.com or (877) 351-4488.