New oil and gas leases are awarded by competitive bid the third Tuesday of each month. Leases are held by production. Rental payments are always due regardless of production status. If a lease is not producing it will expire at the end of term. Leases may be extended upon request. Please refer to the Oil and Gas Manual for additional information.
If you are seeking to assign a lease from the current Record Title Owner, please compete the Oil and Gas Lease Assignment Form. Questions on lease assignments, extensions, expirations and cancellations should be referred to Kenda Montoya at (505)827-5749 or via email at email@example.com.