NM-201712-007
Lea County, NM
BLM New Mexico Federal Lease Sale, December 7, 2017
SOLD
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-201712-007
Acres:
1,264.15
Time Remaining:
Auction has ended
Start Time:
12/7/2017 9:12 AM MST / 10:12 AM CST
End Time:
12/7/2017 11:12 AM MST / 12:12 PM CST
Your Bid:
-
Highest Bid:
$20,009/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$25,693,113.28
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T.0260S, R.0360E, 23 PM, NM
Sec. 029 ALL;
Sec. 030 LOTS 1-4;
Sec. 030 NENE,W2NE,E2W2;
Sec. 031 LOTS 1-4;
Sec. 031 NENW;
Parcel Details
Parcel
NM-201712-007
County, State
Lea, NM
Legal Description
T.0260S, R.0360E, 23 PM, NM
Sec. 029 ALL;
Sec. 030 LOTS 1-4;
Sec. 030 NENE,W2NE,E2W2;
Sec. 031 LOTS 1-4;
Sec. 031 NENW;
Area/Project
Carlsbad FO
Acres
1,264.15
Rental (1st Year)
$1,897.50
Royalty
12.5%
Administrative Fee
$160.00
Comments
NMNM 101618, NMNM 115004
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 Lea County, New Mexico
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Drilling Permits from the last Lea County, New Mexico
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Drilling Rigs on location in Lea 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@gmail.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 #14
12/7/2017 12:02:06 PM
$20,009
Bidder #31
12/7/2017 12:11:38 PM
$20,008
Bidder #14
12/7/2017 12:02:06 PM
$20,007
Bidder #31
12/7/2017 12:11:36 PM
$20,006
Bidder #14
12/7/2017 12:02:06 PM
$20,005
Bidder #31
12/7/2017 12:11:34 PM
$20,004
Bidder #14
12/7/2017 12:02:06 PM
$20,003
Bidder #31
12/7/2017 12:11:29 PM
$20,002
Bidder #14
12/7/2017 12:02:06 PM
$20,001
Bidder #31
12/7/2017 12:11:25 PM
$20,000
Bidder #14
12/7/2017 12:02:06 PM
$19,501
Bidder #31
12/7/2017 12:11:14 PM
$19,500
Bidder #14
12/7/2017 12:02:06 PM
$19,001
Bidder #31
12/7/2017 12:10:58 PM
$19,000
Bidder #14
12/7/2017 12:02:06 PM
$18,501
Bidder #31
12/7/2017 12:10:37 PM
$18,500
Bidder #14
12/7/2017 12:02:06 PM
$18,001
Bidder #31
12/7/2017 12:10:12 PM
$18,000
Bidder #14
12/7/2017 12:02:06 PM
$17,501
Bidder #31
12/7/2017 12:09:44 PM
$17,500
Bidder #14
12/7/2017 12:02:06 PM
$17,001
Bidder #31
12/7/2017 12:08:51 PM
$17,000
Bidder #14
12/7/2017 12:02:06 PM
$16,751
Bidder #31
12/7/2017 12:08:39 PM
$16,750
Bidder #14
12/7/2017 12:02:06 PM
$16,501
Bidder #31
12/7/2017 12:07:58 PM
$16,500
Bidder #14
12/7/2017 12:02:06 PM
$16,007
Bidder #31
12/7/2017 12:07:43 PM
$16,006
Bidder #14
12/7/2017 12:02:06 PM
$16,005
Bidder #31
12/7/2017 12:07:20 PM
$16,004
Bidder #14
12/7/2017 12:02:06 PM
$16,003
Bidder #31
12/7/2017 12:07:06 PM
$16,002
Bidder #14
12/7/2017 12:02:06 PM
$16,001
Bidder #6
12/7/2017 12:06:34 PM
$16,000
Bidder #14
12/7/2017 12:02:06 PM
$15,996
Bidder #6
12/7/2017 12:06:20 PM
$15,995
Bidder #14
12/7/2017 12:02:06 PM
$15,981
Bidder #6
12/7/2017 12:05:34 PM
$15,980
Bidder #14
12/7/2017 12:02:06 PM
$15,953
Bidder #6
12/7/2017 12:05:29 PM
$15,952
Bidder #14
12/7/2017 12:02:06 PM
$15,901
Bidder #6
12/7/2017 12:05:21 PM
$15,900
Bidder #14
12/7/2017 12:02:06 PM
$15,803
Bidder #6
12/7/2017 12:05:15 PM
$15,802
Bidder #14
12/7/2017 12:02:06 PM
$15,801
Bidder #6
12/7/2017 12:05:09 PM
$15,800
Bidder #14
12/7/2017 12:02:06 PM
$15,701
Bidder #6
12/7/2017 12:04:55 PM
$15,700
Bidder #14
12/7/2017 12:02:06 PM
$15,602
Bidder #6
12/7/2017 12:04:44 PM
$15,601
Bidder #14
12/7/2017 12:02:06 PM
$15,108
Bidder #31
12/7/2017 12:02:19 PM
$15,107
Bidder #14
12/7/2017 12:02:06 PM
$15,106
Bidder #6
12/7/2017 12:00:58 PM
$15,105
Bidder #5
12/7/2017 12:00:56 PM
$15,078
Bidder #6
12/7/2017 12:00:46 PM
$15,004
Bidder #31
12/7/2017 11:58:06 AM
$15,003
Bidder #6
12/7/2017 11:57:32 AM
$15,002
Bidder #31
12/7/2017 11:55:05 AM
$15,001
Bidder #5
12/7/2017 11:47:23 AM
$15,000
Bidder #31
12/7/2017 11:53:53 AM
$13,500
Bidder #5
12/7/2017 11:47:23 AM
$13,001
Bidder #31
12/7/2017 11:53:07 AM
$13,000
Bidder #5
12/7/2017 11:47:23 AM
$12,501
Bidder #31
12/7/2017 11:52:43 AM
$12,500
Bidder #5
12/7/2017 11:47:23 AM
$10,002
Bidder #31
12/7/2017 10:49:59 AM
$10,001
Bidder #35
12/7/2017 10:31:14 AM
$10,000
Bidder #31
12/7/2017 10:36:15 AM
$6,756
Bidder #35
12/7/2017 10:31:14 AM
$6,755
Bidder #31
12/7/2017 10:36:12 AM
$6,754
Bidder #35
12/7/2017 10:31:14 AM
$6,753
Bidder #31
12/7/2017 10:36:03 AM
$6,752
Bidder #35
12/7/2017 10:12:41 AM
$6,751
Bidder #31
12/7/2017 10:30:25 AM
$6,750
Bidder #35
12/7/2017 10:12:41 AM
$2,001
Bidder #31
12/7/2017 10:27:01 AM
$2,000
Bidder #35
12/7/2017 10:12:41 AM
$603
Bidder #31
12/7/2017 10:20:40 AM
$602
Bidder #35
12/7/2017 10:12:41 AM
$601
Bidder #24
12/7/2017 10:17:12 AM
$600
Bidder #35
12/7/2017 10:12:41 AM
$2
