Wednesday, November 15, 2017

ND State Oil And Gas Lease Auction -- November, 2017

Disclaimer: I went through the spreadsheet quickly and did not double-check the numbers. In most cases I counted the tracts once and most likely made mistakes in counting. There will likely be other factual and typographical errors. If this information is important to you, go to the source.

Billings County (southwest part of the state)
  • four tracts
  • Northern Energy 
  • $55/acre bonus
Bottineau (far north part of the state)
  • one tract
  • Northern Energy
  • $15/acre bonus
Divide County
  • sixty-one tracts
  • Northern Energy; Norra Resources; Skyworld Oil; Woodstone Resources; OKREEK Oil and Gas;
  • Northern Energy had the majority, but Norra Resources easily came in second 
  • $3 - $81/acre bonus
Dunn County
  • one tract
  • Marathon Oil
  • $826/acre bonus
McKenzie County
  • one tract
  • Northern Energy
  • $151/acre bonus

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