Tarrant County Ionwave #F2026108

Tarrant County Oil and Gas Mineral Asset Management Services Contract

Tarrant County, Texas is seeking qualified vendors to provide comprehensive oil and gas mineral asset management services for county-owned properties. - Scope of Services: - Strategic leasing plan development for oil and gas assets - Review and negotiation of oil and gas leases - Revenue processing by well, property, and producer - Preparation of quarterly mineral income reports - Environmental monitoring, including surface restoration and well plugging - Representation at public meetings regarding county mineral assets - Contract Structure: - Initial term of 12 months, with two optional 12-month renewals - Annual contract structure - Vendor Requirements: - Must provide a qualified portfolio project manager - Demonstrated experience with similar oil and gas asset management projects - Compliance with Tarrant County and Texas laws - Insurance, diversity certification, and warranty requirements - Participation in a pre-proposal conference - No specific OEMs or vendors are named; the opportunity is open to qualified firms specializing in oil and gas mineral asset management - Primary government buyer: Tarrant County Purchasing Office, Fort Worth, TX

Description

Tarrant County is seeking to select the most qualified vendor for the overall management of the County's oil and gas mineral assets located on or beneath County-owned properties. The contract awarded will be for twelve months with an option to renew for two additional twelve-month periods. The scope includes comprehensive professional services such as strategic leasing plan development, review and negotiation of leases, revenue processing, reporting, and environmental monitoring. Vendors are encouraged to attend a virtual pre-proposal conference scheduled for May 11, 2026.

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