Server Time (CDT): Jul. 5, 7:06:47a

WY-2022-06-1159

Fremont County, WY
BLM Wyoming Federal Oil & Gas Lease Sale, June 29-30, 2022

SOLD

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-2022-06-1159

Acres:

640.00

Time Remaining:

Auction has ended

Start Time:

6/29/2022 10:10 AM MDT / 11:10 AM CDT

End Time:

6/29/2022 11:10 AM MDT / 12:10 PM CDT

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$2,434.20
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-2022-06-1159

County, State

Fremont, WY

Legal Description

T. 28 N., R. 91 W., 6TH PM
Sec. 28 ALL.

Acres

640.00

Rental (1st Year)

$960.00

Royalty

18.75%

Administrative Fee

$175.00

Expression of Interest

WY00016769

Serial Number

WYWY105294680

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 18.75 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:

  • WY Std Lease Stipulation No. 1 Historic Properties:
  • WY Std Lease Stipulation No. 2 Endangered Species Act Section 7 Consultation Stipulation:
  • WY Std Lease Stipulation No. 3 Multiple Mineral Development:
  • WY LFO_CSU_LRPS1013 Limited Reclamation Potential Soils:
  • WY LFO_CSU_S15TO24P1014 Slopes between 15 and 24 Percent:
  • WY LFO_CSU_VRM5066 VRM Class I and II Areas:
  • WY Std Lease Notice No. 1 Reasonable Measures to Minimize Adverse Impacts to Resources:
  • WY Std Lease Notice No. 2 National Historic Trails:
  • WY Std Lease Notice No. 3 Greater Sage-Grouse Habitat:
  • WY Std Notice to Lessee Attachment to Each Lease. Mineral Leasing Act requirements with respect to coal leasing:
  • WY LFO_NSO_ACEC7059 Area of Critical Environmental Concern:
  • WY LFO_NSO_PSW4031 Perennial Surface Waters, Riparian-Wetland Areas, and/or Playas Outside of Designated Development Areas:
  • WY LFO_NSO_SG25P1014 Slopes Greater than 25 Percent:
  • WY LFO_TLS_BGCW4061 Big Game Crucial Winter Range:
  • WY LFO_TLS_BGCWP4061 Big Game Parturition Areas:
  • WY LFO_TLS_EWR4062 Elk Winter Range:
  • WY LFO_TLS_FSS4053 Fish Spring Spawning Habitat

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 $175, 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 Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #830

6/29/2022 12:09:44 PM

$2