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