Leasing
Reagan Smith has the ability to handle every size of leasing project. Reagan Smith specializes in leasing Bureau of Indian Affairs, Bureau of Land Management, State and Five Civilized Tribe tracts for Wind, Solar, Geothermal, Oil, and Gas projects. We also lease private lands for a variety of projects.
Surface Leasing
Mineral Leasing
Reagan Smith has the ability to handle every size of leasing projects. Utilizing our database technology coupled with our experienced staff will put you ahead of the competition.
Bureau of Land Management
Most Bureau of Land Management agencies holds lease sales quarterly. Tracts must be nominated for these sale months in advance. River tracts often require surveys and detailed tract information. There have been some delays to various Bureau of Land Management Sales due to administration changes in policy.
Bureau of Indian Affairs
Bureau of Indian Affairs leasing can be time-consuming and confusing. Many BIA agencies hold lease sales at which tracts are auctioned to oil and gas companies. Other BIA agencies allow for negotiated leases whereby potential lessees offer a fair market value to lease a specifically restricted tract of land. Once permission has been granted to begin leasing, each heir must be contacted during the leasing process. Reagan Smith has an extensive Indian Mineral owner database that allows us to locate hard-to-find mineral owners. We also have experienced landmen dedicated to BIA leasing who have working relationships with tribal members. We are able to research, nominate, bid, lease, and obtain approval of your BIA tracts so that you can focus on other aspects of your project.
Five Tribes Leasing
The Act of August 4, 1947, places the Five Civilized Tribes of Oklahoma (Seminole, Creek, Chickasaw, Cherokee, and Choctaw) out of the administrative oversight of the Bureau of Indian Affairs. Further, the Act requires any lease which is executed by a restricted tribal member to be ratified and approved by the District Court in the county in which the minerals are located. Reagan Smith Energy Solutions, Inc. is experienced in leasing members of the Civilized Tribes and works with the Office of the Tulsa Field Solicitor on a daily basis. We work closely with the law firm of St. John, Griffin & Krieg, PLLC, which is experienced in streamlining the judicial approval process required in Civilized Tribe leasing.
