Oil and Gas Sales

Sales and Special Notice:

Oil and Gas Leasing for Arkansas Riverbed Tribal Minerals is governed by 25 CFR/part-211:    ARKANSAS RIVERBED AUTHORITY, WITH THE APPROVAL OF THE REGIONAL DIRECTOR, WILL NOW OFFER a paid-up lease for riverbed properties with a minimum bond set by the Bureau of Indian Affairs (BIA). Also, they have asked that all future oil and gas lease sales contain the following information: "Arkansas Riverbed Leases will require a minimum bond set by the Bureau of Indian Affairs (BIA) by 25 CFR § 211.24. Tracts will be offered for a term of 3 years with a 3/16 rate of royalty and a bonus equal to the highest bonus paid in the 9-section area or a lease for a term of 2 years with a 25% rate of royalty and no bonus". The secondary term will trigger an increase in the bond amount as set forth by the Secretary."  

An interested entity requests that a particular tract be included in the next scheduled oil and gas lease sale to lease a property. Federal regulation requires that a publication be made of the available Tracts and that bids are accepted. The BIA handles several sales annually. The BIA publishes by mailing a listing of the available tracts to a list of companies interested in these offerings. Don't hesitate to contact the BIA or me at arkrb1947@gmail.com if you wish to nominate a lot or if you want to appoint a tract or request that your company is added to the list receiving notifications.   

The Arkansas Riverbed Authority has recently completed a full inspection of all its Riverbed Tracts. It was noted that a few Operators have drilled gas well's in sections that include the River Bed Properties. If those wells are spaced for 640 acres, and the Nation's Mineral Interest is not leased, the Nation considers those unleased properties to be in Trespass. If you are an Operator, who has failed to obtain a valid oil and gas lease on the Nation's Minerals Interest, you should contact me at arkrb1947@gmail.com. or the BIA.

Operators and Purchasers, do you need help in reporting to Mineral Management Services, use these links for help http://www.mrm.boemre.gov/FM/default.htm

You can view a map that shows the Arkansas Riverbed tracts available for lease for mineral exploration. It also indicates those tracts held by production.

Arkansas Riverbed Leased Area Map