The Wyoming Office of State Lands and Investments (OSLI) held the final oil and gas lease auction for 2019 on November 12-13, 2019 on behalf of the Wyoming Board of Land Commissioners – which is made up of the five statewide elected officials. Due to the large number of industry nominated parcels the auction was open for one week closing over a two day period. OSLI offered 299 parcels of State Trust Land for lease covering 110,103.24 acres across nineteen counties and attracted 65 bidders. The auction resulted in 185 of the 299 parcels receiving successful bids to lease 69,522.82 acres. The auction grossed $1,778,504.84 for the benefit of the State’s trust beneficiaries.
Funds received from this auction will be deposited for the benefit of ten of the State’s trust beneficiaries. Of the total revenue, $1,480,878.17 will be deposited for the benefit of the State’s common school (K-12) fund.
Nominations for upcoming auctions can be submitted through our online Auction Nomination Form.
Oil and Gas Auction Contact
Cheri Frank - Oil and Gas, Bonding, Units, Auction - 307.777.6547 - email: email@example.com