Gas Royalty In Kind Program
See also: Overview
University Lands has developed a program to accept gas royalty in actual production instead of the traditional cash royalty payment. The University secures entitlement and markets the University's gas royalty production. Gas royalty production is offered to natural gas purchasers and marketers in bid sales. The gas royalty in kind program is based on a published monthly posted index price.
Gas Sales Agreement [ PDF | Word ]
University Lands solicits offers to purchase the gas royalty production it receives in kind and to sell the gas royalty production on the terms and conditions set out in a Gas Sales Agreement (Agreement). The Agreement is executed by and between the Board for Lease of University Lands and the Buyer.
TopWinning Bids of Gas Sales
Adobe® Reader® is required to view the following lease sale results in PDF file format.
| Sale #14 April 28, 2003 | Sale #13 October 19, 2001 |
| Sale #12 August 23, 2000 | Sale#11 May 24, 2000 |
| Sale #10 November 19, 1999 | Sale #9 May 25, 1999 |
| Sale #8 April 21, 1998 | Sale #7 September 22, 1997 |
| Sale #6 April 21, 1997 |