Saturday, April 8, 2017

Reader Seeks Assistance -- Montana Question -- Richland County -- April 8, 2017

Updates

April 10, 2017: see comments. A good source for information about leasing is at this site: http://www.mineralrightsforum.com/. It's been a long time since I've mentioned that site; it is one of the links under the tab at the top of the blog: Minerals.

Original Post 

Over at the Bakken Shale Discussion Group:
Does anyone know which operators are looking to lease in eastern Montana, Richland County, about 20 miles west of Fairview (Sioux Pass)? Any idea on the current offers for such leases?
The reader suggests that a number of leases have recently expired in eastern Montana.

I don't follow Montana so I can't she any light. Any help from any readers would be greatly appreciated. Comments here and over that discussion group can be made anonymously, and. of course, anything sent to my e-mail address also remains confidential.

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6 comments:

  1. For the lease question, I believe Slawson drilled a few wells in that area, although I don't know how good they were. If the lease ran out, they may have to sit on it, as it may be awhile before companies start leasing again. Most companies still have lots of wells to drill on the acreage they still hold.

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    1. I agree. Along that line, I would assume any leases would be incredibly low compared to those paid during the boom. The numbers being reported by North Dakota in the past year for state land have been incredibly low, although that may be comparing apples to oranges (with regard to estimated reserves).

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  2. The person who asked the question needs to join this site, it is broken down by county. He would probably get his answers. http://www.mineralrightsforum.com/

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    1. Thank you. It's been a long time since I've mentioned that site. I have a tab at the top of the page that includes that link. I was remiss not to have mentioned that. Thank you for taking time to send us the reminder.

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  3. Least I can do, you have helped me many times.

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    1. Every so often I wonder why I keep on (blogging) but then I get nice notes from readers; the notes keep me going. Thank you for the feedback.

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