Summary
The Texas General Land Office (GLO) is soliciting sealed bids for the next online auction of state-owned oil, gas, and other mineral rights, with bidding conducted through the EnergyNet online sealed-bid platform to maximize value of Permanent School Fund mineral interests. The solicitation covers nominated state-owned tracts and bidders must complete EnergyNet Buyer Registration, accept the Texas Lease Form and applicable Texas Administrative Code provisions, and submit sealed bids through the encrypted auction platform before the published deadline. Bidders are subject to a bonding/bid allowance requirement, and the contract incorporates CPI-W (Houston) pricing adjustment language for any service-contract renewal provisions.