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  5. ›Brine Lease – State Lease for Brine Extraction in Miller and Lafaye…

Arkansas Commissioner of State Lands·Arkansas

Brine Lease – State Lease for Brine Extraction in Miller and Lafayette Counties, Arkansas

Closes 6/17/2026$1M – $5MInvitation for Bid
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Description

The State of Arkansas, through the Commissioner of State Lands, is offering a lease for the extraction of brine from state‑owned mineral rights covering approximately 2,569.35 net mineral acres along the Red River in Miller and Lafayette Counties. Interested parties must submit sealed bids, including a $500 bid fee, a $400 per net mineral acre bonus, and comply with statutory royalty provisions. The lease term is initially five years, with the possibility of extension up to a maximum of twenty‑five years, but will terminate any year without production or injection. Surface operations are prohibited; lessees must follow Best Management Practices, obtain all required permits, and adhere to wetland mitigation hierarchies. • 2,569.35 net mineral acres available for brine extraction • Minimum bid includes $400 per net mineral acre bonus plus applicable royalties • No surface operations; strict environmental compliance required • Lease term: 5‑25 years, terminating if no production/injection in a given year • Bid fee: $500; bids due by 10:00 a.m. on June 17, 2026

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tommy Land(Commissioner of State Lands)

[email protected]

(501) 324-9422

Key dates

Opened
5/24/2026
Closes
6/17/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Energy and Utilities
NAICS
211130
Solicitation №
#600256

Budget estimate

$1,000,000 – $5,000,000

No direct payment amount is disclosed; however, the lessee will generate revenue from brine production, offset by the $400/acre bonus, royalty obligations, and operational costs. Assuming modest production (≈10,000 barrels of brine per year) at an average market value of $50 per barrel, annual gross revenue could be around $500,000. Over a 5‑year minimum lease term, net earnings after royalties and expenses might range from $1 million to $5 million, depending on production scale, commodity prices, and cost efficiencies.

AI estimate from the solicitation

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