ES-001
White County, AR
BLM Eastern States Federal Lease Sale, December 13, 2016
SOLD
SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Parcel:
ES-001
Acres:
39.57
Time Remaining:
Auction has ended
Start Time:
12/13/2016 8:00 AM EST / 7:00 AM CST
End Time:
12/13/2016 11:00 AM EST / 10:00 AM CST
Your Bid:
-
Highest Bid:
$51/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$2,290.60
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T9N, R7W, 5th Principal Meridian
Sec. 26, Frl W2SE West of River
Parcel Details
Parcel
ARES 058183 ES-001
County, State
White, AR
Legal Description
T9N, R7W, 5th Principal Meridian
Sec. 26, Frl W2SE West of River
Area/Project
Arkansas Game and Fish
Acres
39.57
Rental (1st Year)
$60.00
Royalty
12.5%
Administrative Fee
$160.00
Expression of Interest
961
Additional Information
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. Advance rental at $1.50 per acre for the first 5 years ($2 per acre after that) is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 12.5 percent of the value or the amount of production removed or sold from the lease. You will find other lease terms on our standard lease form (Form 3100-11, October 2008).
Q' s & A's About Oil and Gas Leasing from the BLM may be found at http://www.blm.gov/wo/st/en/prog/energy/oil_and_gas/questions_and_answers.html
LEASE 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. The stipulations can be found by clicking here.
BLM Stipulations for Cultural Resources and Tribal Consultation, Endangered Species, and Sensitive Plant Species, Freshwater Aquatic Habitat, Bald Eagle, and Bats: Indiana bat, Ozark big-eared bat, Virginia big-eared bat, northern long-eared bat, or gray bat
BLM Lease Notices/Best Management Practices for Migratory Birds and Federally Listed Wildlife, Perching and Nesting Birds and Bats, Invasive and Non-Native Plant Species and Pesticide Application
The lands included in this parcel are fully committed to Communization Agreement (CA) ARES 057193, approved effective January 01, 2011. The successful bidder is required to file evidence of having entered into an agreement with the CA operator for the development and operation of the subject lands under the terms and provisions of the approved communization agreement.
The successful bidder should immediately contact the CA Operator SWN Production (Arkansas), LLC, 10000 Energy Drive, Spring, Texas 77389. In order to join the CA, the operator will give instructions about executing copies of the joinder agreement. Five duplicate originally signed copies of the joinder agreement must be furnished to the BLM, Jackson Field Office, 411 Briarwood Drive, Suite 404, Jackson, MS 39206.
When the evidence is filed with the above office, a copy of the transmittal letter must be filed in the State Office in Washington, DC, mail to: Bureau of Land Management-Eastern States Office, Attention: Division of Natural Resources (ES-934), 20 M Street, SE, Suite 950, Washington, DC 20003.
GIS DATA
GIS data in the form of a shapefile is available for this lease sale. Click here to download.
Please be advised that the information contained herein is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither the Bureau of Land Management nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data contained herein.
OFFSET ACTIVITY
Drilling Permits from the last 365 days in White County, Arkansas
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Drilling Rigs on location in White County, Arkansas
SUCCESSFUL BIDDER NOTIFICATION
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
BUYER PREMIUM
A 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.
CONTACT INFORMATION
BLM - Eastern States
Eastern States Minerals Adjudication
(202) 912-7700
Email: blm_es_bid_form@blm.gov
EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
(832) 403-3122
Email: John.Munroe@energynet.com
Gus Rivero
Manager of Government Lease Sales
(806) 463-3616
Email: Gus.Rivero@energynet.com
Brandon Savage
Asst Manager of Government Lease Sales
(806) 463-3621
Email: Brandon.Savage@energynet.com
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #17
12/13/2016 9:59:55 AM
$51
Bidder #19
12/13/2016 9:47:34 AM
$50
Bidder #11
12/13/2016 9:58:48 AM
$45
Bidder #19
12/13/2016 9:47:34 AM
$41
Bidder #11
12/13/2016 9:58:02 AM
$40
Bidder #19
12/13/2016 9:47:34 AM
$36
Bidder #11
12/13/2016 9:57:53 AM
$35
Bidder #19
12/13/2016 9:47:34 AM
$26
Bidder #11
12/13/2016 9:57:44 AM
$25
Bidder #19
12/13/2016 9:47:34 AM
$21
