NM-2023-05-0420

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 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:

• 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
• SENM-S-1-CSU Potash Area
• SENM-S-22-CSU Lesser Prairie-Chickens
• SENM-S-23-CSU Dunes Sagebrush Lizard
• NM-11-LN Special Cultural Resource
• SENM-LN-2 Dunes Sagebrush Lizard
• SENM-LN-6 Oil and Gas Development Within Designated Potash Area

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 $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 $185, to the BLM State Office by the close of business.

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

Email
blm_nm_leasesale@blm.gov

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

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