OIL & GAS
NOTICE FOR BIDSThe School Land Board and the General Land Office (GLO) will hold an online sealed bid Oil, Gas, and Other Minerals Lease Sale on EnergyNet.com. Bids received will be opened at the GLO in Austin, Texas on January 19, 2021 at 10:00 a.m. For more information about the lands to be offered for lease call (806) 463-3616 or (512) 475-1499, write to Mineral Leasing, Rm. 840, 1700 N. Congress, Austin, TX 78701, or visit www.energynet.com or www.glo.texas.gov.
Energy For Public Entities In Texas
The Texas General Land Office, through its State Energy Marketing Program (SEMP), sells natural gas and electricity competitively to public entities lowering their costs and earning money for the Permanent School Fund (PSF).
The Texas Legislature authorized these sales to maximize revenues from the oil and gas royalties earned from state land. SEMP sells natural gas through the State Gas Program and electricity through the State Power Program.