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Tuesday, September 9, 2014

Results Of The August 2014, Oil And Gas Lease Sales -- North Dakota; Williams County Minerals At $9,500/Acre

I can't remember if I posted this data. If I did, I did not link it. So here it is (again?):

Billings County:
  • mostly small bonuses
  • the high appears to have been four 80-acre tracts for $725/acre, Empire Oil Company
McKenzie County:
  • sales were, of course, for a higher bonus
  • two 80-acre tracts for $1,400/acre
  • an 80-acre tract for $1,500/acre
  • two very small tracts for $2,600/acre
  • Ancient Sunlight Resources paid $6,100/acre for four 160-acre tracts
Mercer County:
  • all tracts for less than $10/acre; most for $1 - $3/acre
Stark County:
  • Herco paid $900 and $950/acre for four 80-acre tracts; 
  • mostly in the $100 to $200/acre range
Towner County:
  • lots of tracks, all for $1/acre
Williams County:
  • two tracts only; Liberty Resources paid $9,500/acre for an 80-acre tract, and a 20-acre tract

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