Auction Information

The Wyoming Office of State Lands and Investments (OSLI) will hold an oil and gas lease auction from July 5th through July 12th, 2023, via EnergyNet.com.  The auction will offer to lease 197 Wyoming Office of State Lands parcels spanning approximately 84,033.07 acres across 19 counties.   

The revenue generated by the state trust land oil and gas lease auction is distributed to support public education, the farm loan program, state penitentiaries, and other state-funded programs.  

All leases resulting from winning bids will be issued on the lease form currently in effect as approved by the Wyoming Board of Land Commissioners.  The leases will be for a primary term of five years, provide for an annual rental of $1.00 per acre, and a royalty rate of one-sixth or one-eighth of the production, as indicated on the parcel listing. 

Bidding will be on an online basis only. The minimum acceptable bid will be an advance rental of $1.00 per acre and an additional bonus consideration of $1.00 per acre plus fees.  Check EnergyNet.com for additional details. 

Nominations for upcoming auctions can be submitted through our online Auction Nomination Form

Oil and Gas Auction Contact

Dianna Wolvin -  Oil and Gas, Bonding, Units, Auction - 307.777.6625 - email: dianna.wolvin@wyo.gov

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