Chickasha Council accepts bids to lease oil-and-gas mineral rights on multiple small city tracts
November 04, 2025 | Chickasha, Grady County, Oklahoma
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Council members opened a public auction under 64 O.S. a7 a71081 and 1082 for 12 tracts described on the meeting agenda and then, after executive-session review, moved individually to accept bids and award leases. The motions identified lessees such as Camino and Hermitage and specified bonus offers and a minimum one-fifth royalty interest for the three-year primary lease terms.
Actions taken included motions to lease Track 1 to Camino for $2,200 at a one-fifth royalty, Track 2 to Camino for $2,200 at a one-fifth royalty, Track 3 to Hermitage for $2,200 at a one-fifth royalty, and a series of later motions leasing Tracks 4 through 12 to Hermitage and Camino with the amounts recorded in the council minutes as presented during roll calls. Each tract was read into the record by legal description before the vote.
The council's public record shows the procedures used for the auction and subsequent acceptance: the legal descriptions were available on the agenda and displayed on the meeting screen, bidders were invited to state offers in the room, and formal roll-call votes followed each motion to accept a successful bid. The council also indicated the leases carry a three-year primary term and a minimum one-fifth royalty as part of the lease terms posted with the agenda.
No additional conditions or easements tied to those leases were discussed on the record during the public portion following the executive session. The council did not provide extended debate on the economic terms during the acceptance votes; each tract motion was followed by a roll-call vote recorded on the meeting transcript.
Proposed lease parcels and amounts are listed in the official meeting packet and on-screen legal descriptions; interested parties should consult the city clerk's office or the published agenda packet for the complete legal descriptions and lease documents.
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