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MT-2022-06-0246

Powder River County, MT
BLM Montana and North Dakota Federal Oil & Gas Lease Sale, June 30, 2022

AUCTION CANCELLED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

MT-2022-06-0246

Acres:

626.40

Time Remaining:

Auction has ended

Start Time:

6/30/2022 8:00 AM MDT / 9:00 AM CDT

End Time:

6/30/2022 9:00 AM MDT / 10:00 AM CDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Starting Bid:

$2,388.31
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

MT-2022-06-0246

County, State

Powder River, MT

Legal Description

T. 9 S., R. 51 E., PRINCIPAL MER
Sec. 19 ALL.

Acres

626.40

Rental (1st Year)

$940.50

Royalty

18.75%

Administrative Fee

$175.00

Expression of Interest

MT00016727

Comments

Split Estate

Serial Number

MTMT105295014

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).

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 Oil And Gas Lease Stipulations:
  • TES 16-2 Endangered Species Act Section 7 Consultation Stipulation:
  • CSU 12-23 Air Resources:
  • CSU 12-24 Soils, Sensitive Soils
    For the following lands: T. 9 S., R. 51 E., PRINCIPAL MER, Sec. 19 SE1/4NE1/4, W1/2NE1/4, E1/2NW1/4, E1/2SW1/4, SE1/4, LOTS 1 thru 3
  • CSU 12-25 Riparian, Wetlands
    For the following lands: T. 9 S., R. 51 E., PRINCIPAL MER, Sec. 19 SE1/4NE1/4
  • CSU 12-29 Black-Tailed Prairie Dogs
    For the following lands: T. 9 S., R. 51 E., PRINCIPAL MER, Sec. 19 LOTS 2 thru 4, SE1/4NW1/4, E1/2SW1/4
  • LN 14-1 Land Use Authorization:
  • LN 14-2 Cultural Resources:
  • LN 14-3 Paleontological Resources:
  • LN 14-11 Greater Sage-Grouse Habitat:
  • LN 14-12 Paleontological Resource Inventory Requirement:
  • LN 14-18 Air Resource Analysis:
  • LN 14-20 Migratory Bird Treaty Act:
  • LN 14-23 Setback From Human Occupied Residences Requirement:
  • LN 14-33 Cultural Inventory Requirement:
  • LN 14-37 Greater Sage-Grouse Habitat Conservation:
  • LN 14-40 Big Game Winter Range and Migration Corridors:
  • NSO 11-70 Streams, Waterbodies, Riparian, Wetland, And Floodplains
    For the following lands: T. 9 S., R. 51 E., PRINCIPAL MER, Sec. 19 SE1/4NE1/4, W1/2SE1/4, SE1/4SE1/4;

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 Montana Contact Information

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