Oil and Gas Lease Auctions
State of Wyoming Oil and Gas Lease Auction Information

The Office of State Lands and Investments (OSLI) is offering 240 parcels, covering approximately 86,000 acres, for oil and gas leasing via an online auction at EnergyNet.com. The auction will open July 12 and close July 19, and will feature parcels in Converse and Natrona counties, as well as other areas of high interest in Wyoming. Please visit EnergyNet for more information and to register to bid.

Revenue generated by the state trust land oil and gas lease auctions are distributed to support public education,

the University of Wyoming, Veteran’s Home and other State funded programs.

All leases resulting from winning bids are subject to final approved by the Wyoming Board of Land Commissioners (Board). All approved leases will be issued for a primary term of 5 years and for a rental of $1.00 per acre.  A royalty rate of 16 2/3% of the production, or its market value, will be required by the Board.The Board reserves the right to reject any and all bids received and to withdraw any tract from the sale or from leasing at any time.

A complete description of the parcels available for auction is listed below by date.  Auction results by sale date are also listed below.

Questions about oil and gas lease auction results, lease insurance and other should be directed to the Office of State Lands and Investments - Mineral Leasing, 122 West 25th Street -3 West, Herschler Building, Cheyenne, Wyoming 82002-0600.  Telephone (307)777-6547.