Wednesday, May 2, 2012

Results: North Dakota Oil and Gas Lease Results -- May 1, 2012

Link here.

In most cases, the max bonus was an outlier; most bonuses in each county were much lower than the max bonus.  Most parcels were 80 acres.

Billings County
  • 11 parcels
  • Max bonus: $4,700/acre
Burke County
  • 5 parcels
  • Max bonus: $375/acre
Divide County
  • 37 parcels
  • Max bonus: $4,700/acre
Dunn County
  • 12 parcels
  • Max bonus: $550/acre
Golden Valley County
  • 4 parcels
  • Max bonus: $200/acre
McKenzie County
  • 14 parcels
  • Max bonus: $10,500/acre; Empire Oil; Whiting has one horizontal in this section;
Mountrail County
  • 2 parcels
  • Max bonus: $2,200/acre
Slope County
  • 16 parcels
  • Max bonus: $22/acre (not a typo)
Stark County
  • 22 parcels
  • Max bonus: $2,750/acre
Ward County
  • 10 parcels
  • Max bonus: $12/acre (not a typo)


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