The Wyoming Office of State Lands and Investments (OSLI) held the first of three oil and gas lease auctions for 2020 on March 11, 2020 on behalf of the Wyoming Board of Land Commissioners – which is made up of the five statewide elected officials. OSLI offered 243 parcels of State Trust Land for lease covering 90,277.53 acres across nineteen (19) counties and attracted 72 bidders. The auction resulted in 115 of the 243 parcels receiving successful bids to lease 45,170.94 acres. The auction grossed $1,422,292.96 for the benefit of the State’s trust beneficiaries.
Funds received from this auction will be deposited for the benefit of seven (7) of the State’s trust beneficiaries. Of the total revenue, $1,340,723.36 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
VACANT - Oil and Gas, Bonding, Units, Auction - 307.777.6547 - email: @wyo.gov