March 19, 2014 Sealed Bid Lease Results - University LandsLease Sale #125 March 19, 2014 Sealed Bid...
Transcript of March 19, 2014 Sealed Bid Lease Results - University LandsLease Sale #125 March 19, 2014 Sealed Bid...
Lease Sale #125
March 19, 2014
Sealed Bid Lease Results
Tract No
Bidder
Page 1 of 13
1 County Andrews Douglas W. Ferguson
Block 04 606 W. Tennessee Ave Ste 100
Bonus $320,561.21
Section 17 Midland, TX 79701 $/Acre $2,000.07
Acres 160.275 (432) 684-4542 UT Lease # 116350
Part NE/4
2 County Andrews Douglas W. Ferguson
Block 04 606 W. Tennessee Ave Ste 100
Bonus $320,961.23
Section 23 Midland, TX 79701 $/Acre $2,000.07
Acres 160.475 (432) 684-4542 UT Lease # 116351
Part SE/4
3 County Andrews, Martin
Douglas W. Ferguson
Block 06 606 W. Tennessee Ave Ste 100
Bonus $280,008.80
Section 27 Midland, TX 79701 $/Acre $3,500.11
Acres 80.000 (432) 684-4542 UT Lease # 116352
Part S/2 of SE/4 (All Depths Below 9200 Feet)
4 County Martin Douglas W. Ferguson
Block 06 606 W. Tennessee Ave Ste 100
Bonus $560,017.60
Section 28 Midland, TX 79701 $/Acre $3,500.11
Acres 160.000 (432) 684-4542 UT Lease # 116353
Part N/2 of S/2 (All Depths Below 9200 Feet)
5 County Andrews Douglas W. Ferguson
Block 06 606 W. Tennessee Ave Ste 100
Bonus $160,005.60
Section 34 Midland, TX 79701 $/Acre $2,000.07
Acres 80.000 (432) 684-4542 UT Lease # 116354
Part N/2 of SW/4
6 County Andrews, Martin
Douglas W. Ferguson
Block 06 606 W. Tennessee Ave Ste 100
Bonus $560,017.60
Section 41 Midland, TX 79701 $/Acre $3,500.11
Acres 160.000 (432) 684-4542 UT Lease # 116355
Part
NW/4 (All Depths Below 9200 Feet)
Lease Sale #125
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Sealed Bid Lease Results
Tract No
Bidder
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7 County Andrews Weatherl Energy Investments, L.P.
Block 14 217 N. Main Street Bonus $75,925.00
Section 14 Midland, TX 79701 $/Acre $1,891.32
Acres 40.144 (432) 683-0900 UT Lease # 116356
Part NW/4 of NW/4
8 County Andrews RSP Permian, L.L.C.
Block 12 125 W. Missouri Ave, Suite 450
Bonus $1,613,250.00
Section 05 Midland, TX 79701 $/Acre $2,500.00
Acres 645.300 (432) 818-1300 UT Lease # 116357
Part All
9 County Andrews Elk River Resources , LLC.
Block 12 1004 North Big Spring, Suite 610
Bonus $2,577,951.00
Section 18 Midland, TX 79701-3367 $/Acre $4,015.50
Acres 642.000 (432) 218-2250 UT Lease # 116358
Part All
10 County Andrews Elk River Resources , LLC.
Block 12 1004 North Big Spring, Suite 610
Bonus $1,619,700.30
Section 21 Midland, TX 79701-3367 $/Acre $5,013.00
Acres 323.100 (432) 218-2250 UT Lease # 116359
Part W/2
11 County Andrews Douglas W. Ferguson
Block 12 606 W. Tennessee Ave Ste 100
Bonus $2,232,230.00
Section 25 Midland, TX 79701 $/Acre $5,200.00
Acres 429.275 (432) 684-4542 UT Lease # 116360
Part S/2 and S/2 of NE/4 and NE/4 of NE/4
12 County Andrews Elk River Resources , LLC.
Block 12 1004 North Big Spring, Suite 610
Bonus $1,942,154.10
Section 27 Midland, TX 79701-3367 $/Acre $6,011.00
Acres 323.100 (432) 218-2250 UT Lease # 116361
Part
S/2
Lease Sale #125
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Sealed Bid Lease Results
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Bidder
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13 County Andrews RSP Permian, L.L.C.
Block 12 125 W. Missouri Ave, Suite 450
Bonus $1,615,500.00
Section 28 Midland, TX 79701 $/Acre $2,500.00
Acres 646.200 (432) 818-1300 UT Lease # 116362
Part All
14 County Andrews XTO Energy, Inc.
Block 12 810 Houston Street Bonus $178,997.40
Section 29 Fort Worth, TX 76102 $/Acre $277.00
Acres 646.200 (817) 885-2800 UT Lease # 116363
Part All
15 County Andrews XTO Energy, Inc.
Block 12 810 Houston Street Bonus $179,274.40
Section 32 Fort Worth, TX 76102 $/Acre $277.00
Acres 647.200 (817) 885-2800 UT Lease # 116364
Part All
16 County Andrews XTO Energy, Inc.
Block 12 810 Houston Street Bonus $179,274.40
Section 33 Fort Worth, TX 76102 $/Acre $277.00
Acres 647.200 (817) 885-2800 UT Lease # 116365
Part All
17 County Andrews Elk River Resources , LLC.
Block 12 1004 North Big Spring, Suite 610
Bonus $3,889,510.20
Section 34 Midland, TX 79701-3367 $/Acre $6,009.75
Acres 647.200 (432) 218-2250 UT Lease # 116366
Part All
18 County Andrews Elk River Resources , LLC.
Block 12 1004 North Big Spring, Suite 610
Bonus $2,924,292.30
Section 35 Midland, TX 79701-3367 $/Acre $6,024.50
Acres 485.400 (432) 218-2250 UT Lease # 116367
Part
S/2 and NW/4
Lease Sale #125
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Sealed Bid Lease Results
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Bidder
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19 County Andrews Double Eagle Andrews, LLC
Block 12 1401 Ballinger Street, Suite 200
Bonus $2,041,942.00
Section 36 Fort Worth, TX 76102 $/Acre $6,503.00
Acres 314.000 (817) 928-3260 UT Lease # 116368
Part W/2
20 County Andrews Larry G. Phillips
Block 11 125 W. Missouri Bonus $383,008.00
Section 21 Midland, TX 79701 $/Acre $1,150.00
Acres 333.050 (432) 682-9162 UT Lease # 116369
Part S/2
21 County Andrews Larry G. Phillips
Block 11 125 W. Missouri Bonus $206,434.00
Section 28 Midland, TX 79701 $/Acre $1,250.00
Acres 165.147 (432) 682-9162 UT Lease # 116370
Part SE/4
22 County Andrews CrownRock, L.P.
Block 10 500 W Texas Ave., Ste 500 Bonus $355,329.44
Section 07 Midland, TX 79701 $/Acre $1,053.14
Acres 337.400 (432) 818-0300 UT Lease # 116371
Part S/2
23 County Andrews Chalfant Properties, Inc.
Block 10 1502 N. Big Spring St Bonus $394,135.88
Section 13 Midland, TX 79702 $/Acre $2,345.00
Acres 168.075 (432) 684-9819 UT Lease # 116372
Part SW/4
24 County Andrews CrownRock, L.P.
Block 10 500 W Texas Ave., Ste 500 Bonus $221,258.40
Section 17 Midland, TX 79701 $/Acre $1,053.14
Acres 210.094 (432) 818-0300 UT Lease # 116373
Part
S/2 of S/2 and NW/4 of SW/4
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Sealed Bid Lease Results
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Bidder
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25 County Andrews Forge Energy, LLC
Block 10 10999 IH-10 W Ste 900 Bonus $686,002.68
Section 21 San Antonio, TX 78230-1747
$/Acre $1,177.00
Acres 582.838 (210) 478-5970 UT Lease # 116374
Part N/2 and SE/4 and S/2 of SW/4
26 County Andrews Chalfant Properties, Inc.
Block 10 1502 N. Big Spring St Bonus $390,501.13
Section 24 Midland, TX 79702 $/Acre $2,345.00
Acres 166.525 (432) 684-9819 UT Lease # 116375
Part NE/4
27 County Andrews Forge Energy, LLC
Block 10 10999 IH-10 W Ste 900 Bonus $194,381.55
Section 28 San Antonio, TX 78230-1747
$/Acre $1,177.00
Acres 165.150 (210) 478-5970 UT Lease # 116376
Part NE/4
28 County Andrews Forge Energy, LLC
Block 10 10999 IH-10 W Ste 900 Bonus $389,292.75
Section 33 San Antonio, TX 78230-1747
$/Acre $1,177.00
Acres 330.750 (210) 478-5970 UT Lease # 116377
Part E/2
29 County Andrews Chalfant Properties, Inc.
Block 10 1502 N. Big Spring St Bonus $1,190,829.75
Section 35 Midland, TX 79702 $/Acre $1,920.21
Acres 620.156 (432) 684-9819 UT Lease # 116378
Part N/2 and SW/4 and W/2 of SE/4 and NE/4 of SE/4
30 County Andrews Douglas W. Ferguson
Block 09 606 W. Tennessee Ave Ste 100
Bonus $20,173.39
Section 32 Midland, TX 79701 $/Acre $500.27
Acres 40.325 (432) 684-4542 UT Lease # 116379
Part
SW/4 of SE/4 (All Depths Below 4634 Feet)
Lease Sale #125
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Bidder
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31 County Andrews Douglas W. Ferguson
Block 09 606 W. Tennessee Ave Ste 100
Bonus $80,105.61
Section 32 Midland, TX 79701 $/Acre $2,000.14
Acres 40.050 (432) 684-4542 UT Lease # 116380
Part NE/4 of SE/4
32 County Andrews Pacesetter Energy Leasing LLC
Block 09 2001 Timber Creek Rd Bonus $1,289,895.32
Section 35 Flower Mound, TX 75028 $/Acre $2,136.14
Acres 603.844 (972) 691-3332 UT Lease # 116381
Part N/2 and SW/4 and N/2 of SE/4 and SW/4 of SE/4
33 County Andrews Douglas W. Ferguson
Block 09 606 W. Tennessee Ave Ste 100
Bonus $20,138.87
Section 35 Midland, TX 79701 $/Acre $500.27
Acres 40.256 (432) 684-4542 UT Lease # 116382
Part SE/4 of SE/4 (All Depths Below 5124 Feet)
34 County Andrews Douglas W. Ferguson
Block 09 606 W. Tennessee Ave Ste 100
Bonus $60,417.11
Section 41 Midland, TX 79701 $/Acre $500.27
Acres 120.769 (432) 684-4542 UT Lease # 116383
Part SE/4 of NW/4 and W/2 of NW/4 (All Depths Below 12534 Feet)
35 County Andrews Douglas W. Ferguson
Block 09 606 W. Tennessee Ave Ste 100
Bonus $322,070.54
Section 41 Midland, TX 79701 $/Acre $2,000.14
Acres 161.024 (432) 684-4542 UT Lease # 116384
Part S/2 of NE/4 and NE/4 of NE/4 and NE/4 of SE/4
36 County Andrews Douglas W. Ferguson
Block 09 606 W. Tennessee Ave Ste 100
Bonus $20,138.87
Section 41 Midland, TX 79701 $/Acre $500.27
Acres 40.256 (432) 684-4542 UT Lease # 116385
Part
SW/4 of SW/4 (All Depths Below 5380 Feet)
Lease Sale #125
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Sealed Bid Lease Results
Tract No
Bidder
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37 County Andrews Douglas W. Ferguson
Block 01 606 W. Tennessee Ave Ste 100
Bonus $485,359.97
Section 26 Midland, TX 79701 $/Acre $2,000.14
Acres 242.663 (432) 684-4542 UT Lease # 116386
Part S/2 of N/2 of S/2 and S/2 of S/2
38 County Crane Henry Energy LP
Block 30 3525 Andrews Highway Bonus $337,242.00
Section 02 Midland, TX 79703 $/Acre $562.07
Acres 600.000 (432) 694-3000 UT Lease # 116387
Part S/2 and NE/4 and N/2 of NW/4 and SW/4 of NW/4
39 County Crane Henry Energy LP
Block 30 3525 Andrews Highway Bonus $14,002.80
Section 03 Midland, TX 79703 $/Acre $350.07
Acres 40.000 (432) 694-3000 UT Lease # 116388
Part NE/4 of NE/4
40 County Crane Dakota Resources Inc.
Block 30 4914 N Midkiff Bonus $138,000.00
Section 08 Midland, TX 79705 $/Acre $1,150.00
Acres 120.000 (432) 697-3420 UT Lease # 116389
Part S/2 of NE/4 and NE/4 of NE/4
41 County Crane Henry Energy LP
Block 30 3525 Andrews Highway Bonus $67,371.20
Section 14 Midland, TX 79703 $/Acre $421.07
Acres 160.000 (432) 694-3000 UT Lease # 116390
Part NE/4
42 County Crane Dakota Resources Inc.
Block 30 4914 N Midkiff Bonus $126,000.00
Section 20 Midland, TX 79705 $/Acre $900.00
Acres 140.000 (432) 697-3420 UT Lease # 116391
Part
S/2 of SE/4 and NW/4 of SE/4 and S/2 of NE/4 of SE/4
Lease Sale #125
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Sealed Bid Lease Results
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Bidder
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43 County Crane Henry Energy LP
Block 30 3525 Andrews Highway Bonus $65,611.20
Section 24 Midland, TX 79703 $/Acre $410.07
Acres 160.000 (432) 694-3000 UT Lease # 116392
Part NW/4
44 County Crane Dakota Resources Inc.
Block 30 4914 N Midkiff Bonus $72,000.00
Section 31 Midland, TX 79705 $/Acre $900.00
Acres 80.000 (432) 697-3420 UT Lease # 116393
Part W/2 of SE/4
45 County Crane Dakota Resources Inc.
Block 30 4914 N Midkiff Bonus $120,000.00
Section 42 Midland, TX 79705 $/Acre $1,000.00
Acres 120.000 (432) 697-3420 UT Lease # 116394
Part W/2 of NE/4 and NW/4 of SE/4
46 County Crane WTG Exploration, Inc.
Block 31 401 W Wadley Ave. Bonus $800,000.00
Section 15 Midland, TX 79705-5339 $/Acre $5,000.00
Acres 160.000 (432) 682-4030 UT Lease # 116395
Part NW/4
47 County Crane WTG Exploration, Inc.
Block 31 401 W Wadley Ave. Bonus $105,505.00
Section 29 Midland, TX 79705-5339 $/Acre $2,637.63
Acres 40.000 (432) 682-4030 UT Lease # 116396
Part SE/4 of NE/4
48 County Upton Pioneer Natural Resources USA, Inc.
Block 03 303 W. Wall St, Ste 101 Bonus $696,129.68
Section 01 Midland, TX 79701 $/Acre $4,213.86
Acres 165.200 (432) 683-4768 UT Lease # 116397
Part SE/4
49 County Reagan Bold Energy III LLC
Block 02 600 N. Marienfeld, Ste 1000
Bonus $702,454.88
Section 03 Midland, TX 79701 $/Acre $4,267.00
Acres 164.625 (432) 686-1100 UT Lease # 116398
Part NW/4
Lease Sale #125
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Sealed Bid Lease Results
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Bidder
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50 County Reagan Essex Exploration, LLC
Block 58 7920 FM 1489 Bonus $145,009.24
Section 20 Simonton, TX 77476 $/Acre $595.00
Acres 243.713 (832) 326-5210 UT Lease # 116399
Part SW/4 and N/2 of SE/4 (From Surface To 8200 Feet)
51 County Reagan Essex Exploration, LLC
Block 58 7920 FM 1489 Bonus $95,047.88
Section 20 Simonton, TX 77476 $/Acre $585.00
Acres 162.475 (832) 326-5210 UT Lease # 116400
Part NW/4 (From Surface To 8300 Feet)
52 County Reagan Crown Oil Partners IV, LP
Block 09 4000 N Big Spring St Bonus $1,010,999.90
Section 10 Midland, TX 79710 $/Acre $6,262.00
Acres 161.450 (432) 684-9696 UT Lease # 116401
Part SE/4
53 County Reagan Crown Oil Partners IV, LP
Block 09 4000 N Big Spring St Bonus $1,010,999.90
Section 15 Midland, TX 79710 $/Acre $6,262.00
Acres 161.450 (432) 684-9696 UT Lease # 116402
Part NE/4
54 County Crockett T. Verne Dwyer
Block 47 508 W Wall Ste 403 Bonus $75,250.00
Section 05 Midland, TX 79701 $/Acre $1,751.02
Acres 42.975 (432) 684-7933 UT Lease # 116403
Part SW/4 of SE/4
60 County Schleicher Highmount Exploration Production Texas LLC
Block 53 14000 Quail Springs Parkway, Suite 600
Bonus $116,568.14
Section 21 Oklahoma City, OK 73134 $/Acre $401.57
Acres 290.281 (405) 749-1300 UT Lease # 116404
Part
NE/4 and S/2 of NW/4 and NE/4 of NW/4
Lease Sale #125
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Sealed Bid Lease Results
Tract No
Bidder
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62 County Schleicher Highmount Exploration Production Texas LLC
Block 55 14000 Quail Springs Parkway, Suite 600
Bonus $116,568.14
Section 01 Oklahoma City, OK 73134 $/Acre $401.57
Acres 290.281 (405) 749-1300 UT Lease # 116405
Part NE/4 and S/2 of NW/4 and NE/4 of NW/4
63 County Schleicher Highmount Exploration Production Texas LLC
Block 57 14000 Quail Springs Parkway, Suite 600
Bonus $150,068.77
Section 02 Oklahoma City, OK 73134 $/Acre $301.57
Acres 497.625 (405) 749-1300 UT Lease # 116406
Part S/2 and NW/4
64 County Schleicher Highmount Exploration Production Texas LLC
Block 57 14000 Quail Springs Parkway, Suite 600
Bonus $100,045.85
Section 03 Oklahoma City, OK 73134 $/Acre $301.57
Acres 331.750 (405) 749-1300 UT Lease # 116407
Part E/2
65 County Crockett T. Verne Dwyer
Block 30 508 W Wall Ste 403 Bonus $40,000.00
Section 16 Midland, TX 79701 $/Acre $250.00
Acres 160.000 (432) 684-7933 UT Lease # 116408
Part SE/4
66 County Crockett T. Verne Dwyer
Block 30 508 W Wall Ste 403 Bonus $160,000.00
Section 21 Midland, TX 79701 $/Acre $250.00
Acres 640.000 (432) 684-7933 UT Lease # 116409
Part All
67 County Crockett T. Verne Dwyer
Block 30 508 W Wall Ste 403 Bonus $80,000.00
Section 33 Midland, TX 79701 $/Acre $250.00
Acres 320.000 (432) 684-7933 UT Lease # 116410
Part
W/2
Lease Sale #125
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Sealed Bid Lease Results
Tract No
Bidder
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68 County Ward Eland Energy, Inc.
Block 16 13455 Noel Rd Ste 2000 Bonus $5,582.80
Section 03 Dallas, TX 75240 $/Acre $278.00
Acres 20.082 (214) 368-6100 UT Lease # 116411
Part W/2 of E/2 of SW/4 of NE/4 and E/2 of W/2 of SW/4 of NE/4 (All Depths Below 4100 Feet)
69 County Ward Chalfant Properties, Inc.
Block 16 1502 N. Big Spring St Bonus $85,719.63
Section 14 Midland, TX 79702 $/Acre $266.79
Acres 321.300 (432) 684-9819 UT Lease # 116412
Part W/2
70 County Ward Chalfant Properties, Inc.
Block 16 1502 N. Big Spring St Bonus $45,621.09
Section 15 Midland, TX 79702 $/Acre $266.79
Acres 171.000 (432) 684-9819 UT Lease # 116413
Part NW/171.000 acres
71 County Ward Chalfant Properties, Inc.
Block 16 1502 N. Big Spring St Bonus $98,285.44
Section 17 Midland, TX 79702 $/Acre $266.79
Acres 368.400 (432) 684-9819 UT Lease # 116414
Part All
72 County Ward Chalfant Properties, Inc.
Block 16 1502 N. Big Spring St Bonus $85,719.63
Section 19 Midland, TX 79702 $/Acre $266.79
Acres 321.300 (432) 684-9819 UT Lease # 116415
Part W/2
73 County Ward Chalfant Properties, Inc.
Block 16 1502 N. Big Spring St Bonus $32,628.42
Section 24 Midland, TX 79702 $/Acre $266.79
Acres 122.300 (432) 684-9819 UT Lease # 116416
Part NW/122.300 acres
74 County Ward Myers Engineering
Block 18 303 S Terrell St Bonus $32,750.00
Section 15 Midland, TX 79701 $/Acre $817.87
Acres 40.043 (432) 413-4322 UT Lease # 116417
Part NW/4 of NW/4
Lease Sale #125
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Sealed Bid Lease Results
Tract No
Bidder
Page 12 of 13
75 County Ward Cimarex Energy Co.
Block 18 600 N. Marienfeld Ste 600 Bonus $323,714.00
Section 31 Midland, TX 79701 $/Acre $2,021.00
Acres 160.175 (432) 571-7800 UT Lease # 116418
Part NE/4
76 County Loving Cimarex Energy Co.
Block 19 600 N. Marienfeld Ste 600 Bonus $243,008.00
Section 12 Midland, TX 79701 $/Acre $2,017.00
Acres 120.480 (432) 571-7800 UT Lease # 116419
Part N/2 of NW/4 and N/2 of S/2 of NW/4
77 County Winkler Myers Oil Co. LLC
Block 20 3212 E 31st Bonus $122,222.88
Section 12 Odessa, TX 79762 $/Acre $3,052.06
Acres 40.046 (432) 413-4322 UT Lease # 116420
Part SE/4 of NW/4 of NW/4 and SW/4 of NE/4 of NW/4 and NW/4 of SE/4 of NW/4 and NE/4 of SW/4 of NW/4
78 County Winkler Energen Resources Corporation
Block 21 3300 N "A" St Bldg 4 Ste 100
Bonus $165,781.06
Section 12 Midland, TX 79705 $/Acre $276.00
Acres 600.656 (432) 687-1155 UT Lease # 116421
Part N/2 and SE/4 and W/2 of SW/4 and N/2 of NE/4 of SW/4 and S/2 of SE/4 of SW/4
79 County Winkler Energen Resources Corporation
Block 21 3300 N "A" St Bldg 4 Ste 100
Bonus $176,833.20
Section 24 Midland, TX 79705 $/Acre $276.00
Acres 640.700 (432) 687-1155 UT Lease # 116422
Part All
80 County Winkler Energen Resources Corporation
Block 21 3300 N "A" St Bldg 4 Ste 100
Bonus $176,192.50
Section 34 Midland, TX 79705 $/Acre $1,100.00
Acres 160.175 (432) 687-1155 UT Lease # 116423
Part
NE/4
Lease Sale #125
March 19, 2014
Sealed Bid Lease Results
Tract No
Bidder
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81 County Winkler Jagged Peak Energy LLC
Block 21 1125 17th St., Ste 2400 Bonus $1,132,437.25
Section 43 Denver, CO 80202 $/Acre $3,535.00
Acres 320.350 (720) 215-3651 UT Lease # 116424
Part E/2
82 County Pecos Spirit Resources, LLC.
Block 18 1300 S University Dr Ste 200
Bonus $10,401.00
Section 14 Ft Worth, TX 76107 $/Acre $252.23
Acres 41.236 (817) 882-9063 UT Lease # 116425
Part SE/4 of SE/4
Total Acres 20,305.509 Total Bonus $39,062,817.88
Avg. $/Acre $1,923.75