The Wyoming Office of State Lands and Investments (OSLI) will hold an oil and gas lease auction October 27th through November 3, 2021 via EnergyNet.com. The auction will offer State of Wyoming oil and gas lease rights to 155 parcels, spanning approximately 57,284.63 acres across 13 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 as Lessor: for a primary term of five years, for rental of $1.00 per acre, and a royalty rate of either 16 2/3% or 12.5% of the production, as indicated on the parcel listing.
Bidding will be on an online basis only. The minimum acceptable bid will be the 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: email@example.com