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HomeMy WebLinkAbout20250647.tiffResolution Approve Extension of Oil and Gas Lease Covering Certain Property Owned by Weld County, Colorado (E1/2 SW1/4 NE1/4 S24, T3N, R63W) — Kerr-McGee OnShore Oil and Gas, LP Whereas, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and Whereas, Weld County is the owner of vast mineral lands located in Weld County, Colorado, and Whereas, Kerr-McGee Onshore Oil and Gas, LP, submitted a request to extend the lease of 20 net mineral acres, more or less, described to -wit: E1/2 SW1/4 NE1/4 of Section 24, Township 3 North, Range 63 West of the 6th P.M., Weld County, Colorado Whereas, Weld County desires to approve the request submitted by Kerr-McGee Onshore Oil and Gas, LP, to extend the lease on the above -described mineral acreage for $18,000.00, equivalent to one-third (1/3) of the original bonus amount, together with a delay rental bonus of two dollars and 50/100 ($2.50) per net mineral acre, which is to run for a period of six (6) months, commencing at twelve o'clock noon on March 2, 2025, and ending at twelve o'clock noon on September 2, 2025. Now, therefore, be it resolved by the Board of County Commissioners of Weld County, Colorado, that the request submitted by Kerr-McGee Onshore Oil and Gas, LP, to extend the lease on the above -described mineral acreage for $18,000.00, equivalent to one-third (1/3) of the original bonus amount, together with a delay rental bonus of two dollars and 50/100 ($2.50) per net mineral acre, which is to run for a period of six (6) months, commencing at twelve o'clock noon on March 2, 2025, and ending at twelve o'clock noon on September 2, 2025, be, and hereby is, granted and approved. 5018009 Pages: 1 of 2 03/24/2025 11:05 AM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County , CO VIIIINFACUMACIA NMb:Mk' "Ill cc : ci 13(5R)o X y(Ke r r-Kceee) 2025-0647 out /og /25 LE0190-1 Extension of Oil and Gas Lease (E1/2 SW1/4 NE1/4 S24, T3N, R63W) — Kerr McGee OnShore Oil and Gas, LP Page 2 The Board of County Commissioners of Weld County, Colorado, approved the above and foregoing Resolution, on motion duly made and seconded, by the following vote on the 10th day of March, A.D., 2025, nunc pro tunc March 2, 2025: Perry L. Buck, Chair: Aye Scott K. James, Pro-Tem: Aye Jason S. Maxey: Aye Lynette Peppler: Aye Kevin D. Ross: Aye Approved as to Form: Bruce Barker, County Attorney Attest: Esther E. Gesick, Clerk to the Board 5018009 Pages: 2 of 2 03/24/2025 11:05 AM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County , CO �i l i N&i 1 Nh R�r BM i 2025-0647 LE0190-1 KERR-MCGEE OIL & GAS ONSHORE LP 1 099 18 Fin STREET #700 • DENVER, COLORADO 80202 P O Box 173779 • DENVER, COLORADO 80202 Kerr-McGee Oil & Gas Onshore LP Kerr-McGee Oil & Gas Onshore LP 1099 18th Street, Suite 700 Denver, CO 80202 March 2, 2025 Weld County Board of County Commissioners PO Box 758 Greely, CO 80632 RE: Election to Exercise Option to Extend Primary Term of Oil and Gas Leases dated March 2, 2022 Reception No. 4808679 Reception No. 4808680 Ladies and Gentlemen, Pursuant to the terms of Paragraph 24 of the captioned leases, Kerr-McGee Oil & Gas Onshore LP is electing to extend the primary term of the referenced leases for an additional six (6) month period. The extended primary term will expire on September 2, 2025. Enclosed please find the following checks dated January 16, 2025. The checks are payable in the amounts due pursuant to the extension provision in the leases: QLS 25875100 (Reception No. 4808679) $18,000.00 QLS 25874700 (Reception No. 4808680) $9,000.00 To properly document your receipt hereof, we respectfully request that you sign and date one (1) copy of the enclosed letter and return it to our office via email or standard mail. Should you have any questions in this regard, please do not hesitate to contact our office. Si erel Anthony and Land Negotiator Advisor Kerr-McGee Oil & Gas Onshore LP Anthony Landry@oxy.com Office 720-929-3223 By: No Signature Obtained - Please See Attached Resolution Name: Title: Date: 2025-0647 L Z..O ‘c-\ o a \ QXY Oxy USA Inc P 0 Box 2647 Houston, TX 77252-2647 WELD COUNTY COLORADO PO BOX 758 GREELEY CO 80632 PAYMENT DOCUMENT 2000956896 RECEIVED JAN 2 8 2025 WELD COUNTY COMMISSIONERS DATE 01/17/2025 CHECK NO. 0100110882 80148386 DATE INVOICE/CREDIT MEMO COMPANY CODE PO NUMBER DISCOUNT NET 1/16/2025 WEL c.. D COUNTY 3c 25875100 COLORADO FT AL 0201 I toeQay..._3--- 18, 000.00 `6 n -- \ 4 4Q -sins Lk0'O ci as CHECK IS IN PAYMENT FOR ITEMS DESCRIBED ABOVE TOTAL , > , $18,000.00 THE ATTACHED 01/16/2025 WELD COUNTY COLORADO PO BOX 758 GREELEY, CO 80632 This payment is tendered on behalf of the owner or owners of record of the said agreement for credit of WELD COUNTY COLORADO PO BOX 758 GREELEY, CO 80632 SSN/TIN """0813 Payment Method C Quorum Payment Reference Penod Payment Number Beginning Frequency 7893510825 I 03/02/2025 I One Time Only Legal Descnpbon Payment Type Agreement Number Effective Date Acres Cover (More or Less) Agreement Name _ Processed 25875100 03/02/2022 20 00 WELD COUNTY COLORADO ET AL Date Payee ID Payment Total Extension Payment I 01/16/2025 I 80148386 I $18,000 00 I $18,000 00 I USA/Colorado/Weld 06 T003N - R063W SEC 024 Legal Segment (20 / 0 acres) E2 SW4 NE4 All depths Ingwnes regarding this check should refer to "Agreement Number" and be addressed to OXY USA Inc, P O Box 27570 Houston, TX 77227-7570 Er OXY Oxy USA Inc P O Box 2647 Houston, TX 77252-2647 WELD COUNTY COLORADO PO BOX 758 GREELEY CO 80632 PAYMENT DOCUMENT 2000696509 RECEIVED JAN 182024 WELD COUNTY COMMISSIONERS DATE 01/05/2024 CHECK NO. 0100069844 80148386 DATE INVOICE/CREDIT MEMO COMPANY CODE PO NUMBER DISCOUNT NET 1/4/2024 RSCS\9k qL-13 WELD COUN`Y 25875100 COLORADO ET AL 0201 50.00 l -\ RSLn1/43L LEo kso 3g THE CHECK IS IN PAYMENT FOR ITEMS DESCRIBED ABOVE TOTAL > $50.00 ATTACHED 01/04/2024 WELD COUNTY COLORADO PO BOX 758 GREELEY, CO 80632 This payment is tendered on behalf of the owner or owners of record of the said agreement for credit of WELD COUNTY COLORADO PO BOX 758 GREELEY, CO 80632 SSN/TIN 0813 Quorum Payment Reference Period Number Beginning Payment Frequency I7893507552 I 03/02/2024 I Annual Legal Description Payment Type -Agreement Number Effective Date Acres Cover (More or Less) Agreement Name 25875100 03/02/2022 20 00 WELD COUNTY COLORADO ET AL Processed Payee ID Payment Total Date Delay Rental I 01/04/2024 I 80148386 I $50 00 USA/Colorado/Weld 06 T003N - R063W SEC 024 Legal Segment (20 / 0 acres) E2 SW4 NE4 All depths Inquiries regarding this check should refer to "Agreement Number" and be addressed to OXY USA Inc, P O Box 27570 Houston, TX 77227-7570 I $50 00 I Jessica Reid From: Sent: To: Subject: Campbell, Heather <Heather_Campbell@oxy.com> Friday, January 19, 2024 2:23 PM CTB-Oil and Gas Leasing RE: Checks received Cautior This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Hi Jess — Here is the information for each of the checks: KMG Lease 25874700 (Rec #4808680) - Check No. 100069843 - $25 — Delay Rental KMG Lease 25875100 (Rec #4808679) - Check No. 100068944 - $50 — Delay Rental Thank you, Heather Campbell Lease & Contracts Analyst I Rockies 1099 18th St., Suite 700 I Denver, CO 80202 720.929.3571 (direct) I heather campbell@oxy.com EJ)('( Occidental Petroleum Corporation From: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov> Sent: Friday, January 19, 2024 1:29 PM To: Campbell, Heather <Heather_Campbell@oxy.com> Cc: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov> Subject: [EXTERNAL] Checks received WARNING - This message is from an EXTERNAL SENDER - be CAUTIOUS, particularly with links and attachments. Hi Heather, I received Check No. 100069843, in the amount of $25, and Check No. 100068944, in the amount of $50. I need to know the Reception Nos. of the leases associated with these payments please. Jess Reid Deputy Clerk to the Board Weld County 1150 O Street Greeley, CO 80631 tel: 970-400-4212 1 Confidentiality Notice This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited 2 *PLEASE KEEP AND SCAN IN TYLER* Notes for Distribution Clerk. Please send the Lease to Recording When the Oil and Gas Lease comes back from Recording, please be sure to make a copy for our files and mail the original, recorded lease to: Please email to: heather_campbell@oxy.com anthony_landry@oxy.com Please include the following in the mailing: *Only the Original Recorded Lease and copy of resolution - DO NOT SEND BACK-UP OR MAP, THAT STAYS WITH OUR COPY OF THE LEASE. Thanks. Jess Date sent to Recording 3 /2 O /25 Date mailed out Ll JS /25 By 1`1 a -r S 2o2S - o6' 4 7 Hello