Auction Information

The Wyoming Office of State Lands and Investments (OSLI), from July 2nd through July 9th, 2025, held the second of three oil and gas lease auctions scheduled for this year.  The auction was held on behalf of the Wyoming Board of Land Commissioners.  The Wyoming State Constitution and the Wyoming State Legislature direct the Board of Land Commissioners to manage trust assets for two key purposes consistent with traditional trust principles: (1) long-term growth in value, and (2) optimum, sustainable revenue production.

OSLI offered 198 parcels of State Trust Land for lease, covering 73,736.03 acres across 17 counties. The auction attracted 48 registered bidders from 10 different states. The preliminary results indicate that 95 of the 198 parcels received successful bids, equating to 33,628.80 acres being leased.  

The auction grossed $2,413,700.00 in total revenue.  The monies will benefit seven of the state’s trust beneficiaries, with the state’s common school fund (K-12 education) receiving the most revenue from the auction at $2,273,735.00.

The next auction will be held October 29th through November 5th of 2025.  Nominations for this auction are due to OSLI by September 1st, 2025.