Server Time (CDT): Apr. 28, 6:58:39p

NM-2020-08-6735

Eddy County, NM
BLM New Mexico, Oklahoma and Texas Federal Lease Sale, August 26, 2020

SOLD

Property Schedule

Due Diligence Began 6/22/2020
Bidding Started 8/26/2020
Bidding Ended 8/26/2020 10:00 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

NM-2020-08-6735

Acres:

40.00

Time Remaining:

Auction has ended

Start Time:

8/26/2020 8:00 AM MDT / 9:00 AM CDT

End Time:

8/26/2020 9:00 AM MDT / 10:00 AM CDT

Your Bid:

-

Highest Bid:

$301/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$12,450.60
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

NMNM 142036
NM-2020-08-6735

County, State

Eddy, NM

Legal Description

T. 26 S., R. 25 E., NEW MEXICO PM
Sec. 17 SWSE;

Acres

40.00

Rental (1st Year)

$60.00

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

NM00015970

Lease Notation

Updated 06/24/2020
See Amendment No. 1

The entire parcel contains gypsiferous soils (a fragile soil type), and hydrological and karst features. Therefore, surface disturbing activities within this lease may be limited. If karst features were to be discovered at the time of the Application for Permit to Drill, the karst features would be subject to the resource protection measures outlined in the stipulation SENM-S-21 attached to the lease. In addition, the resource protection measures outlined in stipulations SENM-S-17 attached to the lease would apply.

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).

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:

  • WO-ESA 7 WO - Endangered Species Act Sec 7 Consultation
  • WO-NHPA Cultural Resources and Tribal Consultation
  • SENM-S-17-CSU PDO - CSU - Slopes & Fragile Soils
  • SENM-S-21-CSU PDO - CSU - Caves and Karst
  • NM-11-LN NMSO - LN - Special Cultural Resource
  • NM-1-LN NMSO - LN - Potential, Suitable and Occupied Habitat for Special Status Plant Species
  • SENM-LN-1 PDO - LN - Potential Cave or Karst Occurrence Area

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 New Mexico Contact Information

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Bid History (All)

Bidder

Placed

Amount

Bidder #38

8/26/2020 9:58:28 AM

$301

Bidder #44

8/26/2020 9:52:21 AM

$300

Bidder #38

8/26/2020 9:58:16 AM

$295

Bidder #44

8/26/2020 9:52:21 AM

$286

Bidder #38

8/26/2020 9:57:46 AM

$285

Bidder #44

8/26/2020 9:52:21 AM

$276

Bidder #38

8/26/2020 9:52:17 AM

$275

Bidder #9

8/26/2020 9:48:36 AM

$251

Bidder #44

8/26/2020 9:45:48 AM

$250

Bidder #9

8/26/2020 9:48:35 AM

$249

Bidder #44

8/26/2020 9:45:48 AM

$248

Bidder #9

8/26/2020 9:48:34 AM

$247

Bidder #44

8/26/2020 9:45:48 AM

$246

Bidder #9

8/26/2020 9:48:33 AM

$245

Bidder #44

8/26/2020 9:45:48 AM

$244

Bidder #9

8/26/2020 9:48:32 AM

$243

Bidder #44

8/26/2020 9:45:48 AM

$242

Bidder #9

8/26/2020 9:48:30 AM

$241

Bidder #44

8/26/2020 9:45:48 AM

$240

Bidder #9

8/26/2020 9:48:23 AM

$239

Bidder #44

8/26/2020 9:45:48 AM

$238

Bidder #9

8/26/2020 9:48:22 AM

$237

Bidder #44

8/26/2020 9:45:48 AM

$236

Bidder #9

8/26/2020 9:48:20 AM

$235

Bidder #44

8/26/2020 9:45:48 AM

$234

Bidder #9

8/26/2020 9:48:19 AM

$233

Bidder #44

8/26/2020 9:45:48 AM

$232

Bidder #9

8/26/2020 9:48:18 AM

$231

Bidder #44

8/26/2020 9:45:48 AM

$230

Bidder #9

8/26/2020 9:48:16 AM

$229

Bidder #44

8/26/2020 9:45:48 AM

$228

Bidder #9

8/26/2020 9:48:15 AM

$227

Bidder #44

8/26/2020 9:45:48 AM

$226

Bidder #9

8/26/2020 9:48:14 AM

$225

Bidder #44

8/26/2020 9:45:48 AM

$224

Bidder #9

8/26/2020 9:48:12 AM

$223

Bidder #44

8/26/2020 9:45:48 AM

$222

Bidder #9

8/26/2020 9:48:11 AM

$221

Bidder #44

8/26/2020 9:45:48 AM

$220

Bidder #9

8/26/2020 9:48:10 AM

$219

Bidder #44

8/26/2020 9:45:48 AM

$218

Bidder #9

8/26/2020 9:48:09 AM

$217

Bidder #44

8/26/2020 9:45:48 AM

$216

Bidder #9

8/26/2020 9:48:08 AM

$215

Bidder #44

8/26/2020 9:45:48 AM

$214

Bidder #9

8/26/2020 9:48:07 AM

$213

Bidder #44

8/26/2020 9:45:48 AM

$212

Bidder #9

8/26/2020 9:48:05 AM

$211

Bidder #44

8/26/2020 9:45:48 AM

$210

Bidder #9

8/26/2020 9:48:04 AM

$209

Bidder #44

8/26/2020 9:45:48 AM

$208

Bidder #9

8/26/2020 9:48:03 AM

$207

Bidder #44

8/26/2020 9:45:48 AM

$206

Bidder #9

8/26/2020 9:48:02 AM

$205

Bidder #44

8/26/2020 9:45:48 AM

$204

Bidder #9

8/26/2020 9:48 AM

$203

Bidder #44

8/26/2020 9:45:48 AM

$202

Bidder #9

8/26/2020 9:44:13 AM

$201

Bidder #44

8/26/2020 9:33:29 AM

$200

Bidder #9

8/26/2020 9:44:12 AM

$199

Bidder #44

8/26/2020 9:33:29 AM

$198

Bidder #9

8/26/2020 9:44:11 AM

$197

Bidder #44

8/26/2020 9:33:29 AM

$196

Bidder #9

8/26/2020 9:44:10 AM

$195

Bidder #44

8/26/2020 9:33:29 AM

$194

Bidder #9

8/26/2020 9:44:09 AM

$193

Bidder #44

8/26/2020 9:33:29 AM

$192

Bidder #9

8/26/2020 9:44:08 AM

$191

Bidder #44

8/26/2020 9:33:29 AM

$190

Bidder #9

8/26/2020 9:44:07 AM

$189

Bidder #44

8/26/2020 9:33:29 AM

$188

Bidder #9

8/26/2020 9:44:06 AM

$187

Bidder #44

8/26/2020 9:33:29 AM

$186

Bidder #9

8/26/2020 9:44:05 AM

$185

Bidder #44

8/26/2020 9:33:29 AM

$184

Bidder #9

8/26/2020 9:44:04 AM

$183

Bidder #44

8/26/2020 9:33:29 AM

$182

Bidder #9

8/26/2020 9:44:03 AM

$181

Bidder #44

8/26/2020 9:33:29 AM

$180

Bidder #9

8/26/2020 9:44:02 AM

$179

Bidder #44

8/26/2020 9:33:29 AM

$178

Bidder #9

8/26/2020 9:44 AM

$177

Bidder #44

8/26/2020 9:33:29 AM

$176

Bidder #9

8/26/2020 9:43:59 AM

$175

Bidder #44

8/26/2020 9:33:29 AM

$174

Bidder #9

8/26/2020 9:43:58 AM

$173

Bidder #44

8/26/2020 9:33:29 AM

$172

Bidder #9

8/26/2020 9:43:57 AM

$171

Bidder #44

8/26/2020 9:33:29 AM

$170

Bidder #9

8/26/2020 9:43:56 AM

$169

Bidder #44

8/26/2020 9:33:29 AM

$168

Bidder #9

8/26/2020 9:43:54 AM

$167

Bidder #44

8/26/2020 9:33:29 AM

$166

Bidder #9

8/26/2020 9:43:53 AM

$165

Bidder #44

8/26/2020 9:33:29 AM

$164

Bidder #9

8/26/2020 9:43:52 AM

$163

Bidder #44

8/26/2020 9:33:29 AM

$162

Bidder #9

8/26/2020 9:43:51 AM

$161

Bidder #44

8/26/2020 9:33:29 AM

$160

Bidder #9

8/26/2020 9:43:49 AM

$159

Bidder #44

8/26/2020 9:33:29 AM

$158

Bidder #9

8/26/2020 9:43:48 AM

$157

Bidder #44

8/26/2020 9:33:29 AM

$156

Bidder #9

8/26/2020 9:43:47 AM

$155

Bidder #44

8/26/2020 9:33:29 AM

$154

Bidder #9

8/26/2020 9:43:46 AM

$153

Bidder #44

8/26/2020 9:33:29 AM

$152

Bidder #9

8/26/2020 9:43:45 AM

$151

Bidder #44

8/26/2020 9:33:29 AM

$150

Bidder #9

8/26/2020 9:43:44 AM

$149

Bidder #44

8/26/2020 9:33:29 AM

$148

Bidder #9

8/26/2020 9:43:43 AM

$147

Bidder #44

8/26/2020 9:33:29 AM

$146

Bidder #9

8/26/2020 9:43:41 AM

$145

Bidder #44

8/26/2020 9:33:29 AM

$119

Bidder #9

8/26/2020 9:43:34 AM

$118

Bidder #44

8/26/2020 9:33:29 AM

$117

Bidder #9

8/26/2020 9:43:33 AM

$116

Bidder #44

8/26/2020 9:33:29 AM

$115

Bidder #9

8/26/2020 9:43:32 AM

$114

Bidder #44

8/26/2020 9:33:29 AM

$113

Bidder #9

8/26/2020 9:43:31 AM

$112

Bidder #44

8/26/2020 9:33:29 AM

$111

Bidder #9

8/26/2020 9:43:29 AM

$110

Bidder #44

8/26/2020 9:33:29 AM

$109

Bidder #9

8/26/2020 9:43:28 AM

$108

Bidder #44

8/26/2020 9:33:29 AM

$107

Bidder #9

8/26/2020 9:43:27 AM

$106

Bidder #44

8/26/2020 9:33:29 AM

$105

Bidder #9

8/26/2020 9:43:26 AM

$104

Bidder #44

8/26/2020 9:33:29 AM

$103

Bidder #9

8/26/2020 9:43:25 AM

$102

Bidder #44

8/26/2020 9:33:29 AM

$101

Bidder #9

8/26/2020 9:43:24 AM

$100

Bidder #44

8/26/2020 9:33:29 AM

$99

Bidder #9

8/26/2020 9:43:23 AM

$98

Bidder #44

8/26/2020 9:33:29 AM

$97

Bidder #9

8/26/2020 9:43:21 AM

$96

Bidder #44

8/26/2020 9:33:29 AM

$95

Bidder #9

8/26/2020 9:43:20 AM

$94

Bidder #44

8/26/2020 9:33:29 AM

$93

Bidder #9

8/26/2020 9:43:19 AM

$92

Bidder #44

8/26/2020 9:33:29 AM

$91

Bidder #9

8/26/2020 9:43:18 AM

$90

Bidder #44

8/26/2020 9:33:29 AM

$89

Bidder #9

8/26/2020 9:43:17 AM

$88

Bidder #44

8/26/2020 9:33:29 AM

$87

Bidder #9

8/26/2020 9:43:15 AM

$86

Bidder #44

8/26/2020 9:33:29 AM

$85

Bidder #9

8/26/2020 9:43:14 AM

$84

Bidder #44

8/26/2020 9:33:29 AM

$83

Bidder #9

8/26/2020 9:43:12 AM

$82

Bidder #44

8/26/2020 9:33:29 AM

$81

Bidder #17

8/26/2020 9:39:47 AM

$80

Bidder #44

8/26/2020 9:33:29 AM

$51

Bidder #17

8/26/2020 9:39:24 AM

$50

Bidder #44

8/26/2020 9:33:29 AM

$46

Bidder #17

8/26/2020 9:39:10 AM

$45

Bidder #44

8/26/2020 9:33:29 AM

$40

Bidder #17

8/26/2020 9:38:58 AM

$39

Bidder #44

8/26/2020 9:33:29 AM

$38

Bidder #17

8/26/2020 9:38:48 AM

$37

Bidder #44

8/26/2020 9:33:29 AM

$36

Bidder #17

8/26/2020 9:36:43 AM

$35

Bidder #44

8/26/2020 9:33:29 AM

$27

Bidder #17

8/26/2020 9:36:23 AM

$26

Bidder #44

8/26/2020 9:33:29 AM

$23

Bidder #17

8/26/2020 9:36:08 AM

$22

Bidder #44

8/26/2020 9:33:29 AM

$21

Bidder #17

8/26/2020 9:35:58 AM

$20

Bidder #44

8/26/2020 9:33:29 AM

$19

Bidder #17

8/26/2020 9:35:40 AM

$18

Bidder #44

8/26/2020 9:33:29 AM

$17

Bidder #17

8/26/2020 9:35:25 AM

$16

Bidder #44

8/26/2020 9:33:29 AM

$15

Bidder #17

8/26/2020 9:33:06 AM

$14

Bidder #9

8/26/2020 9:32:45 AM

$13

Bidder #17

8/26/2020 9:31:40 AM

$12

Bidder #9

8/26/2020 9:28:54 AM

$11

Bidder #17

8/26/2020 9:28:03 AM

$10

Bidder #9

8/26/2020 9:26:10 AM

$9

Bidder #17

8/26/2020 9:20:31 AM

$8

Bidder #9

8/26/2020 9:19:03 AM

$7

Bidder #17

8/26/2020 9:17:40 AM

$6

Bidder #9

8/26/2020 9:16:37 AM

$5

Bidder #17

8/26/2020 9:04:47 AM

$4

Bidder #9

8/26/2020 9:03:36 AM

$3

Bidder #17

8/26/2020 9:01:09 AM

$2