Server Time (CDT): Mar. 28, 5:15:26a

WY-182Q-075

Sweetwater County, WY
BLM Wyoming Federal Lease Sale, June 26 and 27, 2018

SOLD

Property Schedule

Due Diligence Began 5/9/2018
Bidding Started 6/26/2018
Bidding Ended 6/26/2018 11:58 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-182Q-075

Acres:

1,230.30

Time Remaining:

Auction has ended

Start Time:

6/26/2018 9:58 AM MDT / 10:58 AM CDT

End Time:

6/26/2018 10:58 AM MDT / 11:58 AM CDT

Your Bid:

-

Highest Bid:

$112/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$141,946.58
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-182Q-075

County, State

Sweetwater, WY

Legal Description

T.0210N, R.0950W, 06th PM, WY
Sec. 020 LOTS 1-16;
Sec. 022 LOTS 2-16;

Area/Project

Rawlins FO

Acres

1,230.30

Rental (1st Year)

$1,846.50

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
  • WY_SW_TLS_GHMAL
  • TLS (1) Apr 10 to Jul 10; (2) as mapped on the Rawlins Field Office GIS database; (3) protecting nesting Mountain plover.
  • CSU (1) Surface occupancy or use will be restricted or prohibited unless the operator and surface managing agency arrive at an acceptable plan for mitigation of anticipated impacts; (2) as mapped on the Rawlins Field Office GIS database; (3) protecting the habitats of identified amphibian/reptile species.

OFFSET ACTIVITY

Completions from the last 365 days in Sweetwater County, Wyoming

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Drilling Permits from the last 365 days in Sweetwater County, Wyoming

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Drilling Rigs on location in Sweetwater 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

Gus Rivero
VP of Government Lease Sales
(806) 463-3616
Email: Gus.Rivero@energynet.com

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

Heather Fugger
Government Lease Sales Analyst
(806) 463-3619
Email: Heather.Fugger@energynet.com


Bid History (Top 10)

Bidder

Placed

Amount

Bidder #18

6/26/2018 11:57:50 AM

$112

Bidder #24

6/26/2018 11:57:51 AM

$111

Bidder #18

6/26/2018 11:57:50 AM

$12

Bidder #7

6/26/2018 11:57:20 AM

$11

Bidder #45

6/26/2018 11:57:11 AM

$3

Bidder #7

6/26/2018 11:56:41 AM

$2