Auction Information

The Wyoming Office of State Lands and Investments (OSLI), from October 29th through November 5th, 2025, held the last 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 197 parcels of State Trust Land for lease, covering 66,095.03 acres across 16 counties. The auction attracted 44 registered bidders from 9 different states. The preliminary results indicate that 123 of the 197 parcels received successful bids, equating to 40,214.77 acres being leased.  

The auction grossed $2,081,665.00 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 $2,069,535.00. 

The next auction will be held March 4th through March 11th of 2026.  Nominations for this auction are due to OSLI by December 31st, 2025.