How to bid on Texas GLO Oil, Gas, & Geothermal Leases

Heather Fugger

Created Apr 19, 2023

How to bid on Texas GLO Oil, Gas, & Geothermal Leases

Bidding on a Texas General Land Office (GLO) lease is per acre.

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1

Registration for a sale is required to participate in bidding. Navigate to the tract of interest to view the property information page.

Registration for a sale is required to participate in bidding. 
Navigate to the tract of interest to view the property information page.
2

Click on Place a Bid

Click on Place a Bid
3

Click on Sealed Bid

Enter the Bidder's Company and address details, or choose to autofill details from your EnergyNet account.

Enter the sealed bid amount per acre.

When bidding on a sealed bid tract, enter the bid amount to display the Amount Due at Closing calculation amount.

Bids may not be withdrawn, retracted, or reduced.

Click on Sealed Bid
4

Type password

Type password
5

Click on Place Sealed Bid

Click on Place Sealed Bid
6

A green banner will appear confirming the receipt of the sealed bid.

An email will be sent to the email address on file to confirm the bid has been accepted, however, no amounts will be listed in the email. The sealed bid will not be visible as activity in the user's account, as sealed bids are encrypted. (Note the bidder name and address fields, as well as the sealed bid amount field have all been reset.)

A user may outbid themselves, if multiple bids are submitted.

A green banner will appear confirming the receipt of the sealed bid.
7

The Texas GLO will publicly reveal all sealed bids and successful bidders will receive an invoice from EnergyNet for all amounts due.

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