MGL No. 82

PARKS AND WILDLIFE DEPARTMENT

The royalty on the Texas Parks and Wildlife Department (TPWD) tracts is fixed at 25% of the gross production of oil and/or gas. The primary term of the leases shall be three (3) years. The annual rental is fixed at $20.00 per net mineral acre beginning with the second year of the lease. Subject to the right to reject any bid, the TPWD Board for Lease will lease the advertised tracts to the highest bidder meeting or exceeding the minimum bid.

The lease issued for Mgl. No. 81 shall be subject to the following surface use restrictions:

• Any provision herein to the contrary notwithstanding, it is agreed and understood that no entry shall be permitted on the surface of the leased lands. Any development of the land shall be by means of horizontal or directional wells located off the leased land, or by pooling of said land with other land or leases as provided by Subchapter E, Chapter 52, Natural Resources Code.

For a copy of the lease form to be used for the TPWD tracts or for additional information concerning TPWD tracts, contact the Mineral Leasing Division at either (512) 475-1499 or (512) 475-1512 or TPWD at (512) 389-4590. Click here to view lease form.

ABBREVIATIONS AND DEFINITIONS

Resource Management Codes - Click here to view a detailed description

AC - Acre(s)
NAVI DIST - NAVIGATION DISTRICT: Indicates that all or a portion of the tract lies within the boundaries of a navigation district. Bidders should contact the applicable governing authority for the navigation district and the General Land Office for surface use restrictions.
POL - PORTION OUTSIDE LEASE: Indicates that the acreage within the boundaries of the tract is available for lease save and except any portion included in a valid oil and/or gas lease. Lease information is available in the mineral file located in the Archives and Records Division of the General Land Office.
POU - PORTION OUTSIDE UNIT: Indicates that the acreage within the boundaries of the tract is available for lease save and except any portion included in a valid oil and/or gas unit. Unit information is available in the mineral file located in the Archives and Records Division of the General Land Office.
PT - PART: Bidders should contact the General Land Office for further information.
TMLL - THREE MARINE LEAGUE LINE: Denotes tracts that are adjacent to the Three Marine League Line. These tracts have been submitted to the MMS for the coordination of acreage.
WFAL - Denotes tracts that are WEST of the FEDERAL ADMINISTRATION LINE.

27.453 ACRES OF LAND, MORE OR LESS, SITUATED IN SMITH COUNTY, TEXAS, CONSISTING OF THE FOLLOWING (3) TRACTS:

TRACT 1: 3.561 ACRES OF LAND, MORE OR LESS, SITUATED IN THE E. D. HOLLAND SURVEY, ABSTRACT 478, SMITH COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED IN THAT CERTAIN DEED BETWEEN BEN B. CAIN, AS GRANTOR, AND THE STATE OF TEXAS, AS GRANTEE, DATED NOVEMBER 30, 1926, RECORDED IN VOLUME 184, PAGE 134 OF THE DEED RECORDS OF SMITH COUNTY, TEXAS.

TRACT 2: 2.80 ACRES OF LAND, MORE OR LESS, SITUATED IN THE S.A. AND M.G.R.R.CO. SURVEY, ABSTRACT 963, AND THE E. D. HOLLAND SURVEY, ABSTRACT 478 SMITH COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED IN THAT CERTAIN WARRANTY DEED BETWEEN BEN. B. CAIN, AS GRANTOR, AND THE STATE OF TEXAS, AS GRANTEE, DATED MARCH 1, 1926, RECORDED IN VOLUME 179, PAGE 439 OF THE DEED RECORDS OF SMITH COUNTY, TEXAS.

TRACT 3: 21.092 ACRES OF LAND, MORE OR LESS, SITUATED IN THE THOMAS LARGENT SURVEY, (ALSO KNOWN AS THOMAS SARGENT), ABSTRACT 611, SMITH COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED IN THAT CERTAIN DEED BETWEEN THE STATE OF TEXAS BY AND THROUGH THE TEXAS PARKS AND WILDLIFE DEPARTMENT AS GRANTOR, AND CARR PROPERTIES, LLC AND HUCKABEE PROPERTIES, LLC, AS GRANTEES, DATED JANUARY 16, 2004, RECORDED IN VOLUME 7418, PAGE 610 OF THE OFFICIAL PUBLIC RECORDS OF SMITH COUNTY, TEXAS.

When the bids are accepted by the Texas General Land Office, the successful bidder will be notified via email with closing instructions, including total amount due.

Payment must be made within two business days.

BUYER PREMIUM

Notice: A Buyer Premium will be added to the total bonus amount cost of this lease, calculated as follows:

Buyer Premiums are only due for tracts which are sold and computed only on the winning bonus bid amount. The schedule offers a fixed rate of 1.25% up to a bonus bid value of $50,000 and then begins to slide linearly to a rate of 1.00% for a bonus bid value of $1,000,000. Bonus bids in excess of $1,000,000 are computed at a fixed rate of 1.00%.

Landman
George Martin

Office
(512) 475-1512

Email
George.Martin@glo.texas.gov

Director Energy Resources
Robert Hatter

Office
(512) 475-1542

Email
Robert.Hatter@glo.texas.gov

VP of Government Lease Sales
Gus Rivero

Email
Gus.Rivero@energynet.com

Office
(806) 463-3616

Manager of Government Lease Sales
Brandon Savage

Email
Brandon.Savage@energynet.com

Office
(806) 463-3621

Government Lease Sales Analyst
Heather Fugger

Email
Heather.Fugger@energynet.com

Office
(806) 463-3619