Server Time (CDT): Aug. 3, 4:54:49a

SERIAL #: COC79927

Rio Blanco County, CO
BLM Colorado Federal Lease Sale, September 24, 2020

AUCTION NOT YET STARTED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Parcel:

SERIAL #: COC79927

Acres:

40.00

Time Remaining:

52D 8H 43M 11S

Start Time:

9/24/2020 11:38 AM CDT / 10:38 AM MDT

End Time:

9/24/2020 1:38 PM CDT / 12:38 PM MDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$2/acre

Bid Increment:

$1

Total Lease Cost at Starting Bid:

$311.20
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

PARCEL ID: 8556 / 0032
SERIAL #: COC79927

County, State

Rio Blanco, CO

Legal Description

T.0020S., R.1030W., 6TH PM
Section 16: NWNW;

Acres

40.00

Rental (1st Year)

$60.00

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).

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:

  • All lands are subject to Exhibit CO-34 to alert lessee of potential habitat for a threatened, endangered, candidate, or other special status plant or animal.
  • All lands are subject to Exhibit CO-39 to protect cultural resources.
  • All lands are subject to Exhibit CO-56 to alert lessee of potential supplementary air analysis.
  • All lands are subject to Exhibit CO-57 to protect wildlife-migration corridors and winter range.
  • All lands are subject to Exhibit WR-NSO-18 to maintain the utility of nest sites associated with raptors that are not identified as special status, including the physical and vegetation character of surrounding habitat for current and subsequent reproductive functions.
  • All lands are subject to Exhibit WR-TL-13 to reduce the intensity, frequency, and extent of disturbances imposed on big game animals occupying defined summer range habitats during periods when animals are physiologically or energetically challenged.
  • All lands are subject to Exhibit WR-TL-15 to prevent disruptions of nesting raptors that are not identified as special status that may result in absences of adults sufficient to cause direct or indirect mortality of the eggs or young or the premature departure of young from the nest.
  • All lands are subject to Exhibit WR-LN-12 to protect paleontological resources.

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

Email
blm_co_leasesale@blm.gov

Phone
(303) 239-3990

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488