CONTRACTPENDING

Tiburon Submits $18.15 Million Oil and Gas Bid

Ohio Oil and Gas Land Management Commission | State of Ohio logoOhio Oil and Gas Land Management Commission | State of Ohio
Disclosed value
$6,500/acre for 2,792.67745 acres ($18,152,420)
From proposal
Document date
May 14, 2026

The 30-second brief

What it covers

Tiburon Oil & Gas Ohio submitted a pending bid for an oil and gas lease covering 2,792.67745 acres in the Egypt Valley Wildlife Area. The offer provides a $6,500-per-acre lease bonus totaling $18,152,420, with the standard five-year primary term and three-year extension option.

Who holds it

Tiburon Oil & Gas Ohio LLC holds this contract with Ohio Oil and Gas Land Management Commission | State of Ohio.

What happens next

Term as filed: Five-year primary term, with a one-time option to extend for three additional years.

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Contract details

Amount
$6,500/acre for 2,792.67745 acres ($18,152,420)
Document date
May 14, 2026
Term
Five-year primary term, with a one-time option to extend for three additional years
Vendor
Tiburon Oil & Gas Ohio LLC
Source document
Ohio Oil and Gas Land Management Commission Proposal Bid for Nomination 26-DNR-0002 2026-05-14 (Proposal)

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Questions about this contract

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

Tiburon Oil & Gas Ohio LLC was awarded this government contract by Ohio Oil and Gas Land Management Commission | State of Ohio, as recorded on May 14, 2026. The contract value is $6,500/acre for 2,792.67745 acres ($18,152,420).

How much is the Tiburon Oil & Gas Ohio LLC contract with Ohio Oil and Gas Land Management Commission | State of Ohio worth?

The Tiburon Oil & Gas Ohio LLC contract with Ohio Oil and Gas Land Management Commission | State of Ohio is valued at $6,500/acre for 2,792.67745 acres ($18,152,420).

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 Ohio Oil and Gas Land Management Commission Proposal Bid for Nomination 26-DNR-0002 2026-05-14 (Proposal), dated May 14, 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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