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  5. ›Annual Contract for Oil and Gas Mineral Asset Management…

Tarrant County·Texas

Annual Contract for Oil and Gas Mineral Asset Management Services for County-Owned Properties

Closes 5/25/2026$200k – $500kRequest for Qualification
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Description

Tarrant County is seeking a qualified vendor to manage its oil and gas mineral assets. The contract will be for a period of 12 months, with the option to renew for two additional 12-month periods. The vendor will be responsible for providing overall management of the county's oil and gas mineral assets. The scope of work includes, but is not limited to, managing the county's oil and gas leases, negotiating with operators, and ensuring compliance with all applicable laws and regulations. • The vendor must have experience in oil and gas mineral asset management • The vendor must have a strong understanding of the oil and gas industry and applicable laws and regulations • The vendor must be able to provide excellent customer service and communicate effectively with county staff and other stakeholders • The vendor must be able to provide a detailed scope of work and pricing for the services to be provided • The vendor must be able to provide references from previous clients

Attached files

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

Contact

Kehinde Olugbile(Senior Buyer)

[email protected]

(817) 212-7249

Key dates

Opened
4/24/2026
Questions due
5/13/2026
Pre-bid meeting
5/11/2026
Closes
5/25/2026
Duration
12 months

Last updated

Details

Type
Request for Qualification
Industry
Energy and Utilities
NAICS
213112
Solicitation №
F2026108

Budget estimate

$200,000 – $500,000

The budget for this contract is not explicitly stated in the document. However, based on the scope of work and the fact that it's a 12-month contract with optional renewals, it's likely that the budget will be in the range of $200,000 to $500,000 per year. This estimate is based on industry standards for oil and gas mineral asset management services. Factors that may influence the likely payment range include the size and complexity of the county's oil and gas mineral assets, the level of expertise required to manage them, and the competitive landscape of the bidding process.

AI estimate from the solicitation

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