Server Time (CDT): Apr. 19, 2:19:14p

WY-194Q-095

Park County, WY
BLM Wyoming Federal Lease Sale, December 10 and 11, 2019

SOLD

Property Schedule

Due Diligence Began 10/11/2019
Bidding Started 12/10/2019
Bidding Ended 12/10/2019 12:38 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-194Q-095

Acres:

1,960.00

Time Remaining:

Auction has ended

Start Time:

12/10/2019 10:38 AM MST / 11:38 AM CST

End Time:

12/10/2019 11:38 AM MST / 12:38 PM CST

Your Bid:

-

Highest Bid:

$9/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$21,014.60
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-194Q-095

County, State

Park, WY

Legal Description

T.0570N, R.1010W, 06th PM, WY
Sec. 028 ALL;
Sec. 030 LOTS 1,6,7,11,12;
Sec. 030 E2,E2W2;
Sec. 032 ALL;

Area/Project

Cody FO

Acres

1,960.00

Rental (1st Year)

$2,940.00

Royalty

12.50%

Administrative Fee

$170.00

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. See Sale Notice for stipulation details.

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
  • NSO (1) Within 500 feet of perennial surface water, riparian/wetland areas, and playas; (2) as mapped on the Cody Field Office GIS database.
  • NSO (1) Within the Paleocene-Eocene Thermal Maximum Areas of Critical Environmental Concerns (PETM ACEC); (2) protection of geologic and paleontological resources.
  • NSO (1) On developed recreation sites; (2) for the protection of designated campgrounds, trailheads, day use areas, and similar recreation sites.
  • CSU (1) Surface occupancy or use is restricted within 1/4 mile of water resources, public water supply wells and up to 10 miles upstream of public water supply intake areas. Prior to surface disturbance within 1/4 mile of water resources, public water supply wells and up to 10 miles upstream of public water supply intake areas, 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 are eliminated through the use of closed-loop drilling techniques, unless a pit is needed for critical safety reasons. Any necessary pits should be designed to prevent possible contamination of soil and groundwater. Evaporation ponds are not sited within this area. All oil and gas related infrastructure is set back a minimum of 500 feet from a public water supply well or intake area. Drill pad sites should be designed to disperse storm water runoff onto upland sites using proper erosion and sediment control techniques. Design drilling programs for water resource and public water supply protection; (2) as mapped by the Wyoming Department of Environmental Quality (WDEQ) or Cody Field Office GIS database; (3) to protect water resources and public water supplies.
  • CSU (1) Surface occupancy or use will be restricted within Class I and/or Class II Visual Resource Management (VRM) areas. Prior to surface disturbance within (VRM) Class I and/or II areas, 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: A visual contrast rating must demonstrate that VRM Class I and/or II objectives will be met. Where required by the BLM authorized officer, a visual simulation must be prepared and must demonstrate that VRM Class I and/or II objectives will be met through practices such as siting of permanent facilities. Where present and feasible, existing surface disturbances shall be utilized; new surface disturbances shall be minimized to the extent practicable. All permanent above-ground facilities (such as production tanks or other production facilities) not having specific coloration requirements for safety must be painted or designed using a BLM-approved color; (2) as mapped in the Cody Field Office GIS database; (3) protecting Class II Visual Resource Management Areas.
  • CSU (1) Surface occupancy or use will be restricted or prohibited up to 2 miles where setting is an important aspect of the integrity for the trail, unless the operator and surface managing agency arrive at an acceptable plan for mitigation of anticipated impacts; The Plan must demonstrate proposed infrastructure is either not visible or will result in a weak contrast rating; (2) as mapped on the Cody Field Office GIS database; (3) protecting other historic trails.

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 $170, 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.

BLM Wyoming Contact Information

EnergyNet Points of Contact

Government Resources

Email
government@energynet.com

Office
(866) 364-4688

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #8

12/10/2019 12:33:35 PM

$9

Bidder #49

12/10/2019 11:46:13 AM

$8

Bidder #8

12/10/2019 12:32:16 PM

$7

Bidder #49

12/10/2019 11:46:13 AM

$6

Bidder #8

12/10/2019 12:31:48 PM

$5

Bidder #49

12/10/2019 11:46:13 AM

$4

Bidder #8

12/10/2019 12:31:41 PM

$3

Bidder #49

12/10/2019 11:46:13 AM

$2