Server Time (CDT): Mar. 28, 8:19:33a

Parcel ID: 7378
Serial #: COC78172

San Miguel County, CO
BLM Colorado Federal Lease Sale, March 9, 2017

SOLD

Property Schedule

Due Diligence Began 3/9/2017
Bidding Started 3/9/2017
Bidding Ended 3/9/2017 12:30 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Parcel:

Parcel ID: 7378
Serial #: COC78172

Acres:

1,793.78

Time Remaining:

Auction has ended

Start Time:

3/9/2017 9:30 AM MST / 10:30 AM CST

End Time:

3/9/2017 11:30 AM MST / 12:30 PM CST

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$6,492.82
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel ID: 7378/Serial #: COC78172

County, State

San Miguel, CO

Legal Description

T43N, R17W, NMPM
Sec. 11: ALL
Sec. 19: Lot 1-4, W2NENWNE, SENENWNE, W2NWNE, SENWNE, SWNE, E2W2, SE
Sec. 20: E2, SW
Sec. 21: SWNW, W2SW

Acres

1,793.78

Rental (1st Year)

$2,691.00

Royalty

12.5%

Administrative Fee

$160.00

Comments

BLM; COS:TRFO

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.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:
  • The following lands are subject to Exhibit 1.3.1 for perennial streams, water bodies, riparian areas and fens:
    T.0430N., R.0170W., NMPM
    Section 11:ALL;
    Section 20: E2,SW;
    Section 21: SWNW,W2SW
  • The following lands are subject to Exhibit 1.3.2 for perennial streams, water bodies, riparian areas and fens:
    T.0430N., R.0170W., NMPM
    Section 11:ALL;
    Section 20: E2,SW;
    Section 21: SWNW,W2SW
  • All lands are subject to Exhibit 1.4.1 for intermittent or ephemeral streams.
  • All lands are subject to Exhibit 1.4.2 for intermittent or ephemeral streams.
  • The following lands are subject to Exhibit 1.9.1 for lands with slopes greater than 35%:
    T.0430N., R.0170W., NMPM
    Section 20: E2,SW
  • All lands are subject to Exhibit 1.13.1 for biological soil crusts.
  • All lands are subject to Exhibit 3.8.1 migratory birds lease notice.
  • All lands are subject to Exhibit 3.9.1 raptors, as mapped in the TRFO GIS database.
  • All lands are subject to Exhibit 3.9.2 raptors, as mapped in the TRFO GIS database.
  • All lands are subject to Exhibit 3.10.2 for big game winter range.
  • All lands are subject to Exhibit 3.10.3 for big game winter range.
  • The following lands are subject to Exhibit 3.11.1 for Gunnison PrairieDog:
    T.0400N., R0170W., NMPM
    Section 11:ALL
  • All lands are subject to Exhibit CO-34 to alert lessee of potential habitat for a threatened, endangered, candidate, or other special status plant or animal.
  • All lands are subject to Exhibit CO-39 to protect cultural resources.
  • All lands are subject to Exhibit CO-56 (Lease Notice) to alert lessees of potential for supplementary air quality analysis and mitigation.

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 San Miguel County, Colorado

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Completions from the last 365 days in San Miguel County, Colorado

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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 - Colorado

(303) 239-3990
Email: blm_co_leasesale@blm.gov

EnergyNet

John S. Munroe
VP of Engineering / Government Lease Sales
(303) 239-3990
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 #8

3/9/2017 10:30:39 AM

$2