State lease auction, November 6, 2018: link here. Quick note from Oil Patch Hotline --
Missouri River minerals draw High ND bidding .Missouri River acreage in Dunn County pulled high bidding totaling $1.9 million with the highest bid of $6,000 posted for 15 acres at the Nov. 6 North Dakota oil and gas lease state sale...Bowman County: one tract
- bonus: $5
- 80-acre tract
- bonus $15
- 76.61-acre tract
- bonus: range from $2 to $6,000 but most in the low 3-figures
- tracts: as small as 0.02 acres but mostly 20 to 160 acres
- bidders: "almost everyone" -- Slawson; Dasinger, Kaleb; Grey Rock Energy Partners; Northern Energy; Skyworld Oil; Norra Resources; Lynx Oil; Texas Independent Exploration; Interwest Petroleum; Iron Horse Royalties; Nick Lambert; Advanta Resources; others
- buy the way, that 0.02-acre tract went for $2.00/acre which suggests the bonus paid was 4 cents (see screenshot below)
- bonus: $160
- 160-acre tract
- bonus: $122/acre and $5,201/acre
- one 28.20-acre tract
- one 40-acre tract
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