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December oil and gas lease sale produced $2.33 million in bonuses; 115 bids across 41 tracts
Summary
The Minerals Management Division reported the Dec. 10, 2025 oil and gas lease sale produced total bonuses of $2,328,425.42 across 41 tracts (2,853.74 net acres) with 115 bids; high bid per acre peaked at $7,080.45.
The Minerals Management Division presented its monthly summary for December 2025, reporting results from the Dec. 10, 2025 oil and gas lease sale. The tabulation showed total bonus receipts of $2,328,425.42 (high bids only), covering 2,853.74 net acres with an average price per acre of $815.92 across 41 tracts.
The division recorded 115 total bids, 39 high bids and 76 low bids; two tracts received no bids. The highest per-acre bid listed was $7,080.45 on a 3.75-acre tract (reported in the summary) and a number of tracts had material high bids and noted bidders (e.g., Platform Energy IV, LLC; Coleman Oil and Gas Inc.; Jackfork Land, Inc.). The item was submitted as a division summary; management noted the sale was held Dec. 10 in the Commission conference room and the division processed three division orders for December 2025.
