NOTICE FOR BIDS
The School Land Board and the General Land Office (GLO) will hold an on-line sealed bid Oil, Gas, and Other Minerals Lease Sale on EnergyNet.com. Bids received will be opened at the GLO at 1700 N. Congress Avenue, Austin, Texas 78701 on September 5, 2023 at 10:00 a.m. For more information about the lands to be offered for lease, call (806) 463-3616 or (512) 475-1534, or write to email@example.com.
TABULATION OF BIDS
This tabulation is a preliminary listing of bids received for oil and gas leases on the areas described herein and is not to be considrered as an indication that all high bids will be accepted or that awards will be made by the School Land Board.
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.