Trusted stewards of Idaho's resources, from main street to mountain top

Oil & Gas Leasing

The IDL administers leases for State-owned land and minerals with oversight and approval by the Land Board.

Lands and minerals owned by the state endowment trust are leased to make money for specified endowment beneficiary institutions. The IDL also leases other State-owned lands, such as lands owned by the Idaho Department of Fish and Game, the Idaho Transportation Department, and public trust lands.



Oil and gas leases are offered through competitive bidding at oral or online auctions. Tracts are nominated by Public Land Survey System description. Each nominated tract requires an application fee of $250.00. Leases can be offered for up to a term of 10 years.

The minimum bonus bid increment is $1.00 per acre. The total bonus bid is the sum of the amount bid per acre times the acres in the tract. Successful bidders must pay the bonus bid, plus the first year's annual rental of $3.00 per acre.

Annual rental for the remaining term of the lease is also $3.00 per acre per year.

There is a royalty on any oil and gas produced from the lease of no less than 12.5%.

A $1,000 bond is required for exploration on each lease. The bond must be increased to $6,000 prior to drilling. An additional bond is required under the drilling permit, which is issued by the Idaho Oil and Gas Conservation Commission.

Revised Draft IDL Oil & Gas Lease Template

The IDL is accepting public comments on the revised draft IDL oil and gas lease template. Comments will be accepted through Friday, April 27, 2018. Submit comments here or e-mail

The revised draft template pertains to leases of state-owned lands or minerals managed by IDL, not leases of private or federally-owned lands or minerals. This version incorporates some comments provided to IDL on a previous version of the draft IDL oil and gas lease template.

View the revised draft IDL oil and gas lease template here (pdf).


January 2018
CANCELLED - No Nominations Received

April 2018
CANCELLED - No Nominations Received

July 2018
Nomination Closing: April 20, 2018
Auction Opening: July 12, 2018
Auction Closing: July 19, 2018

October 2018
Nomination Closing: July 20, 2018
Auction Opening: October 11, 2018
Auction Closing: October 18, 2018

January 2019
Nomination Closing: October 19, 2018
Auction Opening: January 10, 2019
Auction Closing: January 17, 2019

April 2019
Nomination Closing: January 18, 2019
Auction Opening: April 11, 2019
Auction Closing: April 18, 2019

July 2019
Nomination Closing: April 19, 2019
Auction Opening: July 11, 2019
Auction Closing: July 18, 2019

October 2019
Nomination Closing: July 19, 2019
Auction Opening: October 10, 2019
Auction Closing: October 17, 2019


  • Mike Murphy
    Endowment Leasing Bureau Chief
    Boise Staff Office
    (208) 334-0290