INR Ohio Submits $40 Million Egypt Valley Bid | Ohio Oil and Gas Land Management Commission | State of Ohio | INR OHIO LLC

Scope & details

The full contract record, as filed.

Contract amount

$10,500/acre for 3,846.934 acres ($40,392,807) + 12.5% royalty + 7.5% additional economic incentive

Contract type

OTHER

Contract term

5-year primary term; one-time 3-year extension option under the standard lease

Renewal

Standard lease provides a five-year primary term and a one-time option to extend for three additional years by paying 100% of the original bonus on eligible acreage.

Document type

Proposal

Source document

Oil and Gas Land Management Commission Proposal Nomination 26-DNR-0001 Egypt Valley Wildlife Area 2026-05-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Ohio Oil and Gas Land Management Commission | State of Ohio?

Inr Ohio Llc was awarded this government contract by Ohio Oil and Gas Land Management Commission | State of Ohio, as recorded on May 15, 2026. The contract value is $10,500/acre for 3,846.934 acres ($40,392,807) + 12.5% royalty + 7.5% additional economic incentive.

How much is the Inr Ohio Llc contract with Ohio Oil and Gas Land Management Commission | State of Ohio worth?

The Inr Ohio Llc contract with Ohio Oil and Gas Land Management Commission | State of Ohio is valued at $10,500/acre for 3,846.934 acres ($40,392,807) + 12.5% royalty + 7.5% additional economic incentive.

What type of contract is this?

This is a government contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Oil and Gas Land Management Commission Proposal Nomination 26-DNR-0001 Egypt Valley Wildlife Area 2026-05-15 (Proposal), dated May 15, 2026 from Ohio Oil and Gas Land Management Commission | State of Ohio. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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Inr Ohio Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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