Little Rock Littlerock #24-10-01

Arkansas Brine Exploration and Production Lease Opportunity

This opportunity involves a state lease for brine exploration and production in Arkansas. - Government Buyer: - Commissioner of State Lands, State of Arkansas - Office located in Little Rock, Pulaski County - Scope of Lease: - Covers approximately 2,569.35 net mineral acres in Miller and Lafayette Counties along the Red River - Purpose: Invest in, explore, prospect, and produce brine from state-owned mineral rights - Products/Services Requested: - Brine exploration and production lease (Part Number: 24-10-01) - Quantity: 1 lease - Unique Requirements: - No surface operations permitted - Adherence to Best Management Practices - Compliance with permits from Arkansas DEQ, U.S. Army Corps of Engineers, and other agencies - Mitigation hierarchy for impacts to wetlands and streams; compensatory mitigation must meet federal and state standards - Bonus payment of $400 per net mineral acre and royalty as per Arkansas regulations - $500 bid fee required - Lease terminates if no actual production or injection of brine during any annual period - Maximum lease term is twenty-five years - OEMs and Vendors: - No specific OEMs or vendors mentioned; this is a mineral lease opportunity - Place of Performance: - Miller and Lafayette Counties, Arkansas (Red River area) - State government office in Little Rock, Pulaski County

Description

The Commissioner of State Lands is soliciting sealed bids for a state lease to invest in, explore, prospect, and produce brine from state-owned mineral rights in Miller and Lafayette Counties, Arkansas. The lease covers approximately 2,569.35 net mineral acres along the Red River. The lease term is initially five years, with a maximum of twenty-five years, and includes conditions such as no surface operations and compliance with environmental permits. Bids must include a $400 per net mineral acre bonus and a royalty as per Arkansas regulations, with a $500 bid fee required. Bids are due by June 17, 2026, and will be publicly opened in Little Rock, Arkansas.

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