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Parcel #ES-005-03/2018
Serial #OHES059252

Noble County, OH
BLM Eastern States Federal Lease Sale, March 22, 2018

SOLD

Registration Status:

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Your Bid Status:

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Parcel:

Parcel #ES-005-03/2018
Serial #OHES059252

Acres:

305.84

Time Remaining:

Auction has ended

Start Time:

3/22/2018 8:08 AM EDT / 7:08 AM CDT

End Time:

3/22/2018 11:08 AM EDT / 10:08 AM CDT

Your Bid:

-

Highest Bid:

$3/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$1,550.77
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel #: ES-005-03/2018/Serial #: OHES059252

County, State

Noble, OH

Legal Description

T5N, R7W, Ohio River Survey Meridian
Sec. 14: Pt. NWNW and Pt. E2NW, Pt. NWNW west of Twp Rd 252, Pt. NESW, Pt. NW with exceptions.
Sec. 20: E2NW, W2NE, NENE, Pt. SENE with exceptions.

Acres

305.84

Rental (1st Year)

$459.00

Royalty

12.5%

Administrative Fee

$160.00

Expression of Interest

2257

Comments

U.S. Mineral Interest: 100%
Forest Service Surface, Acquired Minerals

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:
  • Forest Service Standard Lease Stipulations
  • Lease Special Notification: #1 (Applies to all lands in the Parcel)
  • Lease Notification: #1, #2, #3, #4, #5 (Applies to all lands in the Parcel)
  • Lease Stipulations: NSO #8 Slopes in excess of 55%
  • Lease Stipulations: #17 Controlled Surface Use - Slopes Between 35% and 55%
  • Royalty Reservation Notice
  • Map – Thomas Shevlin Wells

Surface Condition Note: There are 14 abandoned gas wells, two tank battery locations and multiple oil and gas related items such as metal containers, pipe, and materials on this parcel.
These wells are not in production.

Stipulation A: The lease holder is responsible for plugging, to State of Ohio standards, the 14 identified holes on the parcel prior to any activity on the land or the utilization of the mineral acreage for drill spacing or unit spacing for a horizontal or vertical well regardless of the trajectory of the well path. Planned activities will be consistent with established timing
restrictions on the Forest.

Stipulation B: The lease holder will notify the District Ranger on the Athens Ranger district two months prior to the planned beginning of the plugging operations to allow for applicable analysis. Planned activities will be consistent with established timing restrictions on the Forest.

Stipulation C: The lease holder will notify the District Ranger on the Athens Ranger District upon completion of the plugging operations and agrees to reclaim the site with the Forest Service approved seed mix. Planned activities will be consistent with established timing restrictions on the Forest.

Stipulation D: The lease holder agrees to remove the two tanks and associated oil field equipment found on the two sites identified on the attached map within one year of obtaining the lease. Notification and coordination with the District Ranger on the Athens Ranger District is needed one month prior to the planned removal date. Planned activities will be consistent with established timing restrictions on the Forest.

OFFSET ACTIVITY

Drilling Permits from the last 365 days in Noble County, Ohio

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Drilling Completions from the last 365 days in Noble County, Ohio

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Drilling Rigs on location in Noble County, Ohio

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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


BLM - Eastern States

Eastern States Minerals Adjudication
(202) 912-7700
Email: blm_es_bid_form@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 (Top 10)

Bidder

Placed

Amount

Bidder #2

3/22/2018 10:07:54 AM

$3

Bidder #8

3/22/2018 7:45:49 AM

$2