Server Time (CDT): Apr. 27, 12:21:13p

NM-201707-005

Eddy County, NM
BLM New Mexico Federal Lease Sale, September 7, 2017

SOLD

Property Schedule

Due Diligence Began 6/8/2017
Bidding Started 9/7/2017
Bidding Ended 9/7/2017 12:04 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

NM-201707-005

Acres:

600.00

Time Remaining:

Auction has ended

Start Time:

9/7/2017 8:04 AM MDT / 9:04 AM CDT

End Time:

9/7/2017 11:04 AM MDT / 12:04 PM CDT

Your Bid:

-

Highest Bid:

$641/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$391,429
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

NM-201707-005

County, State

Eddy, NM

Legal Description

T.0220S, R.0220E, 23 PM, NM
Sec. 015 NENE,S2NE,W2,SE;

Area/Project

Carlsbad FO

Acres

600.00

Rental (1st Year)

$900.00

Royalty

12.50%

Administrative Fee

$160.00

Comments

Formerly Lease No. NMNM 113910

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).

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:
  • SENM-LN-1 Cave - Karst Occurrence Area
  • SENM-S-17 Slopes or Fragile Soils
  • SENM-S-18 Streams, Rivers, and Floodplains
  • SENM-S-21 Caves and Karst
  • SENM-S-25 Visual Resource Management
  • WO-ESA-7 Endangered Species Act
  • WO-NHPA National Historic Preservation Act

OFFSET ACTIVITY

Completions from the last 365 days in Eddy County, New Mexico

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Drilling Permits from the last 365 days in Eddy County, New Mexico

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Drilling Rigs on location in Eddy County, New Mexico

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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 - New Mexico

Email: blm_nm_leasesale@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 (All)

Bidder

Placed

Amount

Bidder #6

9/7/2017 9:16:42 AM

$641

Bidder #30

9/7/2017 12:03:27 PM

$640

Bidder #6

9/7/2017 9:16:42 AM

$521

Bidder #30

9/7/2017 12:03:17 PM

$520

Bidder #6

9/7/2017 9:16:42 AM

$519

Bidder #30

9/7/2017 12:03:11 PM

$518

Bidder #6

9/7/2017 9:16:42 AM

$517

Bidder #30

9/7/2017 12:03:03 PM

$516

Bidder #6

9/7/2017 9:16:42 AM

$515

Bidder #30

9/7/2017 12:02:57 PM

$514

Bidder #6

9/7/2017 9:16:42 AM

$513

Bidder #30

9/7/2017 12:02:51 PM

$512

Bidder #6

9/7/2017 9:16:42 AM

$511

Bidder #30

9/7/2017 12:02:45 PM

$510

Bidder #6

9/7/2017 9:16:42 AM

$509

Bidder #30

9/7/2017 12:02:38 PM

$508

Bidder #6

9/7/2017 9:16:42 AM

$507

Bidder #30

9/7/2017 12:02:31 PM

$506

Bidder #6

9/7/2017 9:16:42 AM

$505

Bidder #30

9/7/2017 12:02:22 PM

$504

Bidder #6

9/7/2017 9:16:42 AM

$503

Bidder #30

9/7/2017 12:02:12 PM

$502

Bidder #6

9/7/2017 9:16:42 AM

$501

Bidder #54

9/7/2017 12:00:40 PM

$500

Bidder #6

9/7/2017 9:16:42 AM

$475

Bidder #30

9/7/2017 11:48:26 AM

$474

Bidder #6

9/7/2017 9:16:42 AM

$473

Bidder #30

9/7/2017 11:47:50 AM

$472

Bidder #6

9/7/2017 9:16:42 AM

$471

Bidder #30

9/7/2017 11:47:45 AM

$470

Bidder #6

9/7/2017 9:16:42 AM

$469

Bidder #30

9/7/2017 11:47:41 AM

$468

Bidder #6

9/7/2017 9:16:42 AM

$467

Bidder #30

9/7/2017 11:47:37 AM

$466

Bidder #6

9/7/2017 9:16:42 AM

$465

Bidder #30

9/7/2017 11:47:34 AM

$464

Bidder #6

9/7/2017 9:16:42 AM

$463

Bidder #30

9/7/2017 11:47:29 AM

$462

Bidder #6

9/7/2017 9:16:42 AM

$461

Bidder #30

9/7/2017 11:47:25 AM

$460

Bidder #6

9/7/2017 9:16:42 AM

$459

Bidder #30

9/7/2017 11:47:20 AM

$458

Bidder #6

9/7/2017 9:16:42 AM

$457

Bidder #30

9/7/2017 11:47:16 AM

$456

Bidder #6

9/7/2017 9:16:42 AM

$455

Bidder #30

9/7/2017 11:47:12 AM

$454

Bidder #6

9/7/2017 9:16:42 AM

$453

Bidder #30

9/7/2017 11:47:08 AM

$452

Bidder #6

9/7/2017 9:16:42 AM

$451

Bidder #30

9/7/2017 11:47:04 AM

$450

Bidder #6

9/7/2017 9:16:42 AM

$449

Bidder #30

9/7/2017 11:46:59 AM

$448

Bidder #6

9/7/2017 9:16:42 AM

$447

Bidder #30

9/7/2017 11:46:55 AM

$446

Bidder #6

9/7/2017 9:16:42 AM

$445

Bidder #30

9/7/2017 11:46:51 AM

$444

Bidder #6

9/7/2017 9:16:42 AM

$443

Bidder #30

9/7/2017 11:46:47 AM

$442

Bidder #6

9/7/2017 9:16:42 AM

$441

Bidder #30

9/7/2017 11:45:24 AM

$440

Bidder #6

9/7/2017 9:16:42 AM

$439

Bidder #30

9/7/2017 11:45:20 AM

$438

Bidder #6

9/7/2017 9:16:42 AM

$437

Bidder #30

9/7/2017 11:45:11 AM

$436

Bidder #6

9/7/2017 9:16:42 AM

$435

Bidder #30

9/7/2017 11:45:07 AM

$434

Bidder #6

9/7/2017 9:16:42 AM

$433

Bidder #30

9/7/2017 11:44:58 AM

$432

Bidder #6

9/7/2017 9:16:42 AM

$431

Bidder #30

9/7/2017 11:44:49 AM

$430

Bidder #6

9/7/2017 9:16:42 AM

$429

Bidder #30

9/7/2017 11:44:24 AM

$428

Bidder #6

9/7/2017 9:16:42 AM

$427

Bidder #30

9/7/2017 11:44:20 AM

$426

Bidder #6

9/7/2017 9:16:42 AM

$425

Bidder #30

9/7/2017 11:44:17 AM

$424

Bidder #6

9/7/2017 9:16:42 AM

$423

Bidder #30

9/7/2017 11:44:13 AM

$422

Bidder #6

9/7/2017 9:16:42 AM

$421

Bidder #30

9/7/2017 11:44:08 AM

$420

Bidder #6

9/7/2017 9:16:42 AM

$419

Bidder #30

9/7/2017 11:44 AM

$418

Bidder #6

9/7/2017 9:16:42 AM

$417

Bidder #30

9/7/2017 11:43:55 AM

$416

Bidder #6

9/7/2017 9:16:42 AM

$415

Bidder #30

9/7/2017 11:43:51 AM

$414

Bidder #6

9/7/2017 9:16:42 AM

$413

Bidder #30

9/7/2017 11:43:45 AM

$412

Bidder #6

9/7/2017 9:16:42 AM

$411

Bidder #30

9/7/2017 11:43:40 AM

$410

Bidder #6

9/7/2017 9:16:42 AM

$409

Bidder #30

9/7/2017 11:43:36 AM

$408

Bidder #6

9/7/2017 9:16:42 AM

$407

Bidder #30

9/7/2017 11:43:33 AM

$406

Bidder #6

9/7/2017 9:16:42 AM

$405

Bidder #30

9/7/2017 11:43:29 AM

$404

Bidder #6

9/7/2017 9:16:42 AM

$403

Bidder #30

9/7/2017 11:43:26 AM

$402

Bidder #6

9/7/2017 9:16:42 AM

$401

Bidder #30

9/7/2017 11:43:22 AM

$400

Bidder #6

9/7/2017 9:16:42 AM

$399

Bidder #30

9/7/2017 11:43:19 AM

$398

Bidder #6

9/7/2017 9:16:42 AM

$397

Bidder #30

9/7/2017 11:43:16 AM

$396

Bidder #6

9/7/2017 9:16:42 AM

$395

Bidder #30

9/7/2017 11:43:13 AM

$394

Bidder #6

9/7/2017 9:16:42 AM

$393

Bidder #30

9/7/2017 11:43:10 AM

$392

Bidder #6

9/7/2017 9:16:42 AM

$391

Bidder #30

9/7/2017 11:43:06 AM

$390

Bidder #6

9/7/2017 9:16:42 AM

$389

Bidder #30

9/7/2017 11:43:03 AM

$388

Bidder #6

9/7/2017 9:16:42 AM

$387

Bidder #30

9/7/2017 11:43 AM

$386

Bidder #6

9/7/2017 9:16:42 AM

$385

Bidder #30

9/7/2017 11:42:56 AM

$384

Bidder #6

9/7/2017 9:16:42 AM

$383

Bidder #30

9/7/2017 11:33:54 AM

$382

Bidder #6

9/7/2017 9:16:42 AM

$381

Bidder #30

9/7/2017 11:33:48 AM

$380

Bidder #6

9/7/2017 9:16:42 AM

$379

Bidder #30

9/7/2017 11:33:44 AM

$378

Bidder #6

9/7/2017 9:16:42 AM

$377

Bidder #30

9/7/2017 11:33:40 AM

$376

Bidder #6

9/7/2017 9:16:42 AM

$375

Bidder #30

9/7/2017 11:33:36 AM

$374

Bidder #6

9/7/2017 9:16:42 AM

$373

Bidder #30

9/7/2017 11:33:32 AM

$372

Bidder #6

9/7/2017 9:16:42 AM

$371

Bidder #30

9/7/2017 11:33:28 AM

$370

Bidder #6

9/7/2017 9:16:42 AM

$369

Bidder #30

9/7/2017 11:33:24 AM

$368

Bidder #6

9/7/2017 9:16:42 AM

$367

Bidder #30

9/7/2017 11:33:19 AM

$366

Bidder #6

9/7/2017 9:16:42 AM

$365

Bidder #30

9/7/2017 11:33:12 AM

$364

Bidder #6

9/7/2017 9:16:42 AM

$363

Bidder #30

9/7/2017 11:33:04 AM

$362

Bidder #6

9/7/2017 9:16:42 AM

$361

Bidder #30

9/7/2017 11:32:56 AM

$360

Bidder #6

9/7/2017 9:16:42 AM

$359

Bidder #30

9/7/2017 11:32:52 AM

$358

Bidder #6

9/7/2017 9:16:42 AM

$357

Bidder #30

9/7/2017 11:32:42 AM

$356

Bidder #6

9/7/2017 9:16:42 AM

$355

Bidder #30

9/7/2017 11:32:38 AM

$354

Bidder #6

9/7/2017 9:16:42 AM

$353

Bidder #30

9/7/2017 11:32:34 AM

$352

Bidder #6

9/7/2017 9:16:42 AM

$351

Bidder #30

9/7/2017 11:32:27 AM

$350

Bidder #6

9/7/2017 9:16:42 AM

$349

Bidder #30

9/7/2017 11:32:23 AM

$348

Bidder #6

9/7/2017 9:16:42 AM

$347

Bidder #30

9/7/2017 11:32:20 AM

$346

Bidder #6

9/7/2017 9:16:42 AM

$345

Bidder #30

9/7/2017 11:32:16 AM

$344

Bidder #6

9/7/2017 9:16:42 AM

$343

Bidder #30

9/7/2017 11:32:12 AM

$342

Bidder #6

9/7/2017 9:16:42 AM

$341

Bidder #30

9/7/2017 11:32:08 AM

$340

Bidder #6

9/7/2017 9:16:42 AM

$339

Bidder #30

9/7/2017 11:32:03 AM

$338

Bidder #6

9/7/2017 9:16:42 AM

$337

Bidder #30

9/7/2017 11:32 AM

$336

Bidder #6

9/7/2017 9:16:42 AM

$335

Bidder #30

9/7/2017 11:31:56 AM

$334

Bidder #6

9/7/2017 9:16:42 AM

$333

Bidder #30

9/7/2017 11:31:53 AM

$332

Bidder #6

9/7/2017 9:16:42 AM

$331

Bidder #30

9/7/2017 11:31:50 AM

$330

Bidder #6

9/7/2017 9:16:42 AM

$329

Bidder #30

9/7/2017 11:31:46 AM

$328

Bidder #6

9/7/2017 9:16:42 AM

$327

Bidder #30

9/7/2017 11:31:42 AM

$326

Bidder #6

9/7/2017 9:16:42 AM

$325

Bidder #30

9/7/2017 11:31:18 AM

$324

Bidder #6

9/7/2017 9:16:42 AM

$323

Bidder #30

9/7/2017 11:30:54 AM

$322

Bidder #6

9/7/2017 9:16:42 AM

$321

Bidder #30

9/7/2017 10:34:16 AM

$320

Bidder #6

9/7/2017 9:04:43 AM

$7

Bidder #19

9/7/2017 9:13:21 AM

$6

Bidder #6

9/7/2017 9:04:43 AM

$2