Oil and Gas Auctions are held semi-annually in May and October at the office of the Board in Lincoln. To obtain information about the auctions, click on the links below, or call/email Laura Bahr-Frew, our Minerals Administrator (402-471-8318) (laura.bahr-frew@nebraska.gov).

We also enter into leases for other minerals such as sand and gravel and rare minerals. For information on leasing of these minerals, call Laura Bahr-Frew.

Summarization of Oil and Gas Lease Rules and Regulations PDF

Oil and Gas Lease Rules and Regulations (summarized) in PDF format.

Application for Oil and Gas Lease PDF

This application may be downloaded, printed, completed and submitted by the applicant to the Board of Educational Lands and Funds with the required certified remittance.

Oil and Gas Lease Sale Informational Letter PDF

Informational Letter dated August 13, 2024 for Oil and Gas Lease Sale on October 22, 2024.

Notice of Sale of Oil and Gas Lease on October 22, 2024 PDF

Results of Sale of Oil and Gas Lease dated October 22, 2024 PDF Updated

Past Results of Oil and Gas Lease Sales

Results of Oil and Gas Lease Sales from 2003 to present.

Oil and Gas Lease revised 2/20 (Sample) PDF

A sample Oil and Gas Lease form (revised 2/20) provided in PDF format for informational purposes only. This lease is not to be completed and submitted to the Board of Educational Lands and Funds. All leases must be purchased at public auction and the Board will then transmit the appropriate lease to the high bidder.