Server Time (CDT): Sep. 27, 12:34:27p

ND-2020-09-0082

McKenzie County, ND
BLM Montana Federal Lease Sale, September 22, 2020

SOLD

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

ND-2020-09-0082

Acres:

80.00

Time Remaining:

Auction has ended

Start Time:

9/22/2020 8:42 AM CDT / 7:42 AM MDT

End Time:

9/22/2020 9:42 AM CDT / 8:42 AM MDT

Your Bid:

-

Highest Bid:

$180/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Lease Cost at Highest Bid:

$14,906
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

NDM 111943
ND-2020-09-0082

County, State

McKenzie, ND

Legal Description

T. 148 N., R. 100 W., 5TH PM
Sec. 13 S1/2NW1/4

Acres

80.00

Rental (1st Year)

$120.00

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

MT00015063

Comments

Split Estate
PD

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:

  • CR 16-1 Cultural Resources Lease Stipulation
  • Standard 16-3 Standard Oil and Gas Lease Stipulations
  • TES 16-2 Endangered Species Act Section 7 Consultation
  • DPG 13d (McKenzie RD) Lease Stipulation
  • DPG CSU 16-1 CONTROLLED SURFACE USE STIPULATION Paleontological Resources
  • DPG CSU 16-2 Water, Wetlands, Woody Draws, Riparian, and Floodplains
  • DPG CSU 16-5 Special Interest Area Paleontological and Geological Resources (CSU)
  • DPG CSU 16-7 Forest Service - Moderate Scenic Integrity Objective (SIO) Areas Scenery (CSU)
  • DPG LN 19a Forest Service - Notice for Split Estate Lands Under the Jurisdiction of the Bureau of Land Management (LN)
  • DPG NSO 14-1 NO SURFACE OCCUPANCY STIPULATION Slopes > 40%
  • DPG NSO 14-5 NO SURFACE OCCUPANCY STIPULATION Golden Eagle, Merlin, & Ferruginous Hawk Nests
  • DPG TES 18a USDA - FOREST SERVICE THREATENED, ENDANGERED, AND SENSITIVE PLANT OR ANIMAL SPECIES LEASE NOTICE
  • DPG TL 15-1 TIMING LIMITATION STIPULATION Sharp-tailed Grouse Display Grounds

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 Montana Contact Information

EnergyNet Points of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #26

9/22/2020 9:41:18 AM

$180

Bidder #17

9/22/2020 9:41:59 AM

$179

Bidder #26

9/22/2020 9:41:18 AM

$178

Bidder #16

9/22/2020 9:41:56 AM

$177

Bidder #26

9/22/2020 9:41:18 AM

$104

Bidder #17

9/22/2020 9:41:54 AM

$103

Bidder #26

9/22/2020 9:41:18 AM

$102

Bidder #17

9/22/2020 9:41:51 AM

$101

Bidder #26

9/22/2020 9:41:18 AM

$97

Bidder #17

9/22/2020 9:41:42 AM

$96


View 50 earlier bids...