Owning North Dakota Oil Leases For As Little As A Dollar An Acre -- Results Of The May, 2014, Oil And Gas Lease Sales

Link here. 

Billings County

• most tracts were 80 acres
• most went for $150 - $375/acre
• one tract as high as $650/acre

Bowman County

• a dollar an acre for many 80-acre tracts
• many $5/acre tracts
• about a third of the tracts went for $80 - $120/acre

Burke County

• in the $400 range/acre for the most part

Divide County

• one 80-acre tract for $13,100/acre (18-97-145)
• one 40-acre tract for $2,900/acre
• most acreage in the $400/acre range; but a lot for under $10/acre
• NOG took advantage of the cheap acreage
• Golden Valley
• you could have gotten in for $1/acre

McKenzie County

• $14,000/acre

Mercer County

• $11/acre

Mountrail County

• one tract only, 50 acres; $170/acre, Irish Oil & Gas

Renville County

• mostly $35 and under per acre

Stark County

• $150 to $300 for the most part

Ward County

• perhaps the most acreage of any county; $30 - $40/acre

Williams County

• $3,000 to $4,000 with one 40-acre tract going for $12,000/acre, Vitesse Oil
• a $6,200/acre tract and a $5,100/acre tract