WY-181Q-146

Hot Springs County, WY
BLM Wyoming Federal Lease Sale, March 21 and 22, 2018

SOLD

Property Schedule

Due Diligence Began 3/22/2018
Bidding Started 3/22/2018
Bidding Ended 3/22/2018 10:50 AM
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WY-181Q-146
360.00
Auction has ended
3/22/2018 8:50 AM MDT / 9:50 AM CDT
3/22/2018 9:50 AM MDT / 10:50 AM CDT
-
$2/acre
$2/acre
$1
$1,430.80
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
WY-181Q-146
County, State
Hot Springs, WY
Legal Description
T.0450N, R.0970W, 06th PM, WY
Sec. 027 SWNW;
Sec. 028 SENE;
Sec. 034 NW,N2SW,SESW;
Area/Project
Worland FO
Acres
360.00
Rental (1st Year)
$540.00
Royalty
12.50%
Administrative Fee
$160.00
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:
  • Lease Notice No. 1
  • Lease Notice No. 2
  • Lease Notice No. 3
  • Lease Stipulation No. 1
  • Lease Stipulation No. 2
  • Lease Stipulation No. 3
  • Lease Notice 1041
  • WY_SW_TLS_GHMAL
  • NSO (1) within 500 feet of perennial surface water, riparian/wetland areas, and playas; (2) as mapped on the Worland Field Office GIS database.
  • NSO (1) within 500 feet of waters rated by the WGFD as Class 1 or 2 fisheries; (2) as mapped on the Worland Field Office GIS database.
  • TLS (1) No surface use is allowed during the following time periods. Timing Limitation Stipulation (TLS) Nov 15 to Apr 30; (2) as mapped on the Worland Field Office GIS database; (3) protecting big game on crucial winter range.
  • CSU (1) Surface occupancy or use is restricted within 1/4 mile of waters rated by the WGFD as Class 1 or 2 fisheries. Prior to surface disturbance within 1/4 mile of waters rated by the WGFD as Class 1 or 2 fisheries, a site-specific plan must be submitted to the BLM by the applicant as a component of the Application for Permit to Drill (BLM Form 3160-3) or Sundry Notice (BLM Form 3160-5) - Surface Use Plan of Operations. The operator shall not initiate surface-disturbing activities unless the BLM authorized officer has approved the plan (with conditions, as appropriate). The plan must demonstrate to the BLM authorized officer's satisfaction how the operator will meet the following performance standards. Reserve pits should be designed to prevent possible contamination of soil and groundwater. Drill pad sites should be designed to disperse storm water runoff onto upland sites using proper erosion and sediment control techniques. Design road crossing of streams to allow fish passage at all flows. Design crossings such that they do not destabilize the channel or increase water velocity. Limit surface-disturbing activities within water channels during spring and fall spawning periods; (2) as mapped on the Worland Field Office GIS database; (3) to protect designated Blue Ribbon and Red Ribbon fisheries habitat and fish populations.
  • CSU (1) Prior to surface disturbance within 3-mile or the visual horizon of important cultural sites, whichever is closer, a sitespecific plan must be submitted to the BLM by the applicant as a component of the Application for Permit to Drill (BLM Form 3160-3) or Sundry Notice (BLM Form 3160-4) - Surface Use Plan of Operations. The operator shall not initiate surface-disturbing activities unless the BLM authorized officer, in consultation with appropriate Native American tribes and the SHPO, has approved the plan (with conditions, as appropriate). The plan must demonstrate to the BLM authorized officer's satisfaction how the operator will meet the following performance standards. There will be no adverse effects to NRHP eligible or listed historic properties; (2) as mapped on the Worland Field Office GIS database; (3) protecting cultural and scenic values of important cultural sites.

OFFSET ACTIVITY

Drilling Permits from the last 365 days in Hot Springs County, Wyoming

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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.

On the day of the sale, you must pay at least the minimum bonus bid of $2 per acre or fraction of an acre; the first year's advance rental of $1.50 per acre or fraction of an acre; and a non-refundable administrative fee of $160, to the BLM State Office by the close of business.

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


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
Assistant Manager of Government Lease Sales
(806) 463-3621
Email: Brandon.Savage@energynet.com


Bid History (Top 10)

Bidder

Placed

Amount

Bidder #68

3/22/2018 9:51:21 AM

$2

1