The table is listed by state and gives information regarding leasing methods, qualification of the bidders and maximum acres available. Contact information and e-mail addresses are given when available. The minimum bid per acre depends on several criteria with no set formula.
Oil production is precluded.
Certain state lands are excluded from this type of lease. Every individual, association or partnership, corporation or person who is authorized to act on behalf of another party must qualify with the Division of Oil and Gas prior to bidding for lease tracts. Qualification must also be obtained prior to applying for, obtaining, or transferring interest in a permit or lease issued under AS 38.05.135 - 38.05.184. Mineral Leasing Procedures. One lessee may not hold more than 500,000 acres onshore and 500,000 acres offshore at any one time.