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WY-2020-03-6306

Sweetwater County, WY
BLM Wyoming Federal Lease Sale, March 24, 2020

AUCTION NOT YET STARTED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Parcel:

WY-2020-03-6306

Acres:

960.12

Time Remaining:

33D 3H 5M 2S

Start Time:

3/24/2020 10:42 AM CDT / 9:42 AM MDT

End Time:

3/24/2020 11:42 AM CDT / 10:42 AM MDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$2/acre

Bid Increment:

$1

Total Lease Cost at Starting Bid:

$3,562.33
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-2020-03-6306

County, State

Sweetwater, WY

Legal Description

WY T0230N, R0980W, 6TH PM
Section: 001 S2N2, SE;
Section: 001 LOTS 9,10,11,12;
Section: 002 LOTS 9,10,11,12;
Section: 002 S2N2, SW.

Area/Project

Rock Springs FO

Acres

960.12

Rental (1st Year)

$1,441.50

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

EOI #WY00014777

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
  • RSFO_Special Lease Notice_Unplugged Well
  • RSFO_CSU_VRM I & II
  • RSFO_TLS_Big Game Crucial Winter Range
  • RSFO_TLS_Nesting Raptors
  • RSFO_CSU_Red Desert Watershed

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