Friday, August 14, 2020

Bakken Oil Prices -- August 14, 2020

For mineral owners wondering why their recent royalty checks were so low, this was the note I sent to some interested readers:

If you want to see why our recent checks were so low, here are the oil prices for Bakken oil as reported by the State of North Dakota -- these numbers came out today:

  • today: $33
  • July: $31.75
  • June: $32.35
  • May: $7.92 -- no typographical error.