See these posts for maps:
- the 68.53-acre parcel:
- the Sinclair / Oasis wells to the north
- the CLR wells to the north
- the nineteen parcels;
- the BLM National NEPA Register;
Chord Energy (Whiting + Oasis) is tracked here.
Headline, July 6, 2022: Whiting tops the bidders in Montana / Dakotas oil and gas lease sale. Link here.
Note: these are not the quarterly North Dakota state lease sales. These are federal BLM sales.
From the linked article:
- Whiting: high bidder in the BLM's Montana / Dakotas oil and gas lease sale
- total BLM sale:
- 19 parcels
- $5.354 million
- Whiting
- $2.346 million
- a 68.53 acre parcel in Mountrail County
- back-of-the-envelope: $2.436 million/ 68.53 acres = $35,550 / acre.
- rivals anything we've seen in the Permian
- first BLM sale to implement the increased royalty rate of 18.75 percent
- prior: 12.5%
- new rate took effect on / about July 1, 2022.
- more on these lease sales at: https://eplanning.blm.gov/eplanning-ui/project/2015346/510.
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