U.S. DEPARTMENT OF THE INTERIORBUREAU OF LAND MANAGEMENT
 
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Successful Competitive Lease Sales Since 1990, New Mexico

BLM New Mexico maintains records of coal lease sales during the year.  This table provides information about lease sales based on the Lease by Application (LBA) serial number, which is used to identify  and track applications.  Sometimes, the applicant is not the same as the final lessee because during the bidding process, someone may submit a larger bid than the applicant.

Data in this table may not add up to the state-specific totals listed on the BLM's national coal page because the national table includes information, such as lease modifications and relinquishments not included here.


LBA Serial Number

Applicant

Federal Register Notice

Acres Offered (per sale notice)

Tons Offered (per sale notice)

Successful Bid

$/ton

$/acre

Lessee (as issued)

Effective Date

NMNM078371

Salt River Project

Vol.56, No.129 Pg. 30758

3,082.28

 19,640,000

1,572,000.00

 .08

 510.01

Salt River Project

 11/1/1991

NMNM086717

Salt River Project

Vol.56, No.129 Pg. 30758

 3,360.00

9,990,000

800,000.00

.08

 238.10

Salt River Project

 11/1/1991

OKNM091190

P&K Company

Vol.59, No.203 Pg. 53200

 3,429.04

15,320,000

 346,710.23

 .02

 101.11

P&K Company

 7/1/1995

OKNM091568

Farrell Cooper Mining

Vol.59, No.203 Pg. 53200

1,933.46

11,136,600

204,502.06

 .02

 105.77

Farrell Cooper Mining Co.

 4/1/1995

OKNM091569

Farrell Cooper Mining

Vol.59, No.203 Pg. 53200

 2,724.78

18,290,200

281,388.03

 .02

103.27

Farrell Cooper Mining Co.

4/1/1995

OKNM091590

Hudson-Blake Joint Venture

Vol.59, No.203 Pg. 53200

400.00

369,400

165,544.00

.45

413.86

Farrell Cooper Mining Co.

4/1/1995

OKNM091571

Farrell Cooper Mining

Vol.61, No.250 Pg. 68287

 2,120.00

 4,300,000

251,816.00

 .06

 118.78

Farrell Cooper Mining Co.

5/1/1997

OKNM094663

Heatherly Mining Inc.

Vol.61, No.250 Pg. 68287

 90.00

 138,000

 9,999.90

 .07

 111.11

Georges Colliers Inc.

 10/1/1997

NMNM099144

San Juan Coal Co.

 Vol.65, No.81 Pg. 24499

 4,483.88

63,00,000

13,000,000.00

 .21

 2,899.27

San Juan Coal Co.

 3/1/2001

OKNM104763

Farrell Cooper Mining

Vol.70, No.156 Pg. 47849

 560.00

 2,057,000

 57,820.00

 .03

 103.25

Farrell Cooper Mining Co.

 4/1/2006

OKNM107920

Farrell Cooper Mining

Vol.70, No.156 Pg. 47849

 2,701.58

8,715,000

409,964.76

 .05

 151.75

Farrell Cooper Mining Co.

 9/1/2006

OKNM108097

Farrell Cooper Mining

Vol.70, No.156 Pg. 47849

 2,380.00

10,058,000

 323,204.00

 .03

 135.80

Farrell Cooper Mining Co.

 9/1/2006

NMNM126813Peabody Natural Resources Co.

Vol.78, No.132 Pg. 41420

640.00

9,200,000

2,300,000.00

.25

3593.75

Peabody Natural Resources Co.

3/1/2014

Source:  Lease sales data are from BLM New Mexico.  For additional information, please contact the BLM New Mexico State Office.

Definitions used in this table

Lease by Application (LBA) Serial Number:  A unique application identifier assigned by the BLM for processing the application.  Under an LBA, an application from the public to lease a particular tract of coal is submitted.

Applicant:  The applicant is the person, association, or corporation requesting the right to mine Federal coal through an LBA.  Applicants pay for BLM processing and work with the BLM through the application process.  Applicants shall meet the qualifications required in 43 CFR 3472.  Note that the applicant is not necessarily the lessee, who is the successful bidder.

Lessee (as issued):  The successful bidder for a lease who has entered into a contract with the BLM to develop Federal coal.  The successful bidder is determined by the highest bid that meets or exceeds the pre-sale Fair Market Value estimate, and has been determined to be qualified under 43 CFR 3472 to hold a lease.

Acres Offered (per sale notice):  The acres offered is the number published in the Federal Register lease sale notice or in the detailed statement of the terms and conditions of the lease provided prior to the sale.

Tons Offered (per sale notice):  The tons offered is the quantity of coal listed normally as recoverable reserve (sometimes provided as minable reserves) published in the Federal Register lease notice or in the detailed statement of the terms and conditions of the lease provided prior to the sale.  See 43 CFR 3480.0-5 for definitions of recoverable coal reserves and minable reserve base.

Successful Bid:  The amount of the bonus bid offered for a lease tract for the purpose of obtaining the right to explore and develop Federal coal.      

Effective Date:  The date the coal lease becomes effective. A lease normally becomes effective the first day of the month following the lease signature.


 
Last updated: 03-12-2014