Server Time (CDT): May 18, 6:36:09p

WY-2023-09-1774

Johnson County, WY
BLM Wyoming Federal Oil & Gas Lease Sale, September 6, 2023

SOLD

Property Schedule

Due Diligence Began 6/22/2023
Bidding Started 9/6/2023
Bidding Ended 9/6/2023 12:34 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-2023-09-1774

Acres:

643.52

Time Remaining:

Auction has ended

Start Time:

9/6/2023 10:34 AM MDT / 11:34 AM CDT

End Time:

9/6/2023 11:34 AM MDT / 12:34 PM CDT

Your Bid:

-

Highest Bid:

$2,101/acre

Starting Bid:

$10/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$1,375,456.66
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-2023-09-1774

County, State

Johnson, WY

Legal Description

Updated 07/03/2023
See Information Notice No. 2
T. 47 N., R. 78 W., SIXTH PRINCIPAL,
Sec. 27 LOTS 1-16;

Acres

643.52

Rental (1st Year)

$1,932.00

Royalty

16.67%

Administrative Fee

$185.00

Expression of Interest

WY00018519

Serial Number

WYWY105838628

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. Rental at $3.00 per acre for the first 2 years, $5.00 per acre for years 3 thru 8, and $15.00 per acre thereafter is due on or before the anniversary date with the first year's rental paid to the BLM and subsequent payments paid to the Office of Natural Resources Revenue (ONRR) each year until production begins.

The royalty rate that applies to the lands offered in this lease sale is a fixed 16.67 percent. Once a lease is producing, you must pay a royalty of 16.67 percent (or as the lease is amended) of the value or the amount of production removed or sold from the lease. You will find other lease terms 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:

  • 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
  • WY STD LEASE STIPULATION NO. 3 Multiple Mineral Development
  • WY BFO_CSU_RN4028 Raptor Nests (Non-Special Status Species)
  • WY BFO_CSU_SLOPES25to501006 Slopes Greater than 25% and Less than 50%
  • WY BFO_CSU_SSWLA4034 Amphibian Species Breeding, Sheltering, and Hibernation Habitat
  • WY BFO_CSU_SSWLB4034 Bat Species Breeding, Nursery, Roosting, and Hibernation Habitat
  • WY BFO_CSU_SSWLH4007 Wildlife Habitat for Special Status Species
  • WY BFO_CSU_SSWLR4034 Reptile Species Breeding, Basking, Sheltering, and Hibernation Habitat
  • WY SW_CSU_PHMA Greater Sage-Grouse Priority Habitat Management Areas (PHMAs) - Core Only
  • WY STD LEASE NOTICE NO. 1 Reasonable Measures to Minimize Adverse Impacts to Resources
  • WY STD LEASE NOTICE NO. 2 National Historic Trails
  • WY STD LEASE NOTICE NO. 3 Greater Sage-Grouse Habitat
  • WY STD NOTICE TO LESSEE Attachment to Each Lease. Mineral Leasing Act requirements with respect to coal leasing
  • WY SW_NSO_PHMAL Greater Sage-Grouse leks. Within 0.6-mile radius of occupied leks inside Priority Habitat Management Areas
  • WY BFO_TLS_NSSRN4030 Raptor Nests (Non-Special Status Species)
  • WY SW_TLS_GHMAL Greater Sage-Grouse breeding, nesting, etc. Within 2 miles of an occupied lek outside Priority Habitat Management Areas
  • WY SW_TLS_PHMAL Greater Sage-Grouse breeding, nesting, etc. Inside Priority Habitat Management Areas (Core only)
  • WY SW_TLS_PHMAWCA Greater Sage-Grouse Winter Concentration Areas

Unit Agreement (UA) Notice

WYWY105514099

This parcel is within approved Unit Agreement (UA) WYWY189974X, effective April 5, 2021. Before issuance of a lease for lands within an approved unit, the successful bidder may be required to join the unit (43 CFR 3101.3-1). Any lands included in this Notice that are determined to be in a unit prior to lease issuance are subject to regulation (43 CFR 3101.3-1).

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.

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.

BLM Wyoming Contact Information

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #936

9/6/2023 11:34:46 AM

$2,101

Bidder #294

9/6/2023 12:33:56 PM

$2,100

Bidder #936

9/6/2023 11:34:46 AM

$2,063

Bidder #92

9/6/2023 12:33:52 PM

$2,062

Bidder #936

9/6/2023 11:34:46 AM

$404

Bidder #162

9/6/2023 12:33:43 PM

$403

Bidder #936

9/6/2023 11:34:46 AM

$358

Bidder #162

9/6/2023 12:33:34 PM

$357

Bidder #936

9/6/2023 11:34:46 AM

$334

Bidder #162

9/6/2023 12:33:25 PM

$333


View 21 earlier bids...