Locator: 50424CHORD_XTO.
Disclaimer: this information continues to evolve. I do not have the current information. If this affects you, it is probably best to query Chord Energy directly.
Updates
April 4, 2026: a reader contacted me to say that he/she received an XTO payment with a check dated February 27, 2026.
April 4, 2026:
Acquisition closed: October 31, 2025. To the best of my knowledge, at the end of 2025, royalties were still being paid by XTO, based on information from readers. I don't know the status of royalty payments with regard to this issue. It took repeated queries to Google Gemini to get the following information, which continues to be incomplete but somewhat helpful:
Query: Chord Energy acquired XTO assets in North Dakota from Exxon and that deal closed October 31, 2025. What is the status now of XTO royalties on assets in the North Dakota Bakken. Are they still being paid by XTO (2026)?
Reply:
Oasis, Whiting, and Enerplus are still fully owned subsidiaries of Chord Energy and royalty checks will be issued by those three companies.
That is not true for the XTO assets in the Bakken. Chord is now responsible for royalty checks for the XTO assets, but it is unclear when those first checks will be paid by Chord.
Chord did send a letter to royalty owners affected by this acquisition but specific dates were not spelled out.
Previously Posted
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Chord Energy -- XTO Assets
October 13, 2025: link here.
Locator: 49365B.
Chord Energy/ExxonMobil’s Bakken Assets
Also on September 15, 2025, Chord Energy (CHRD), the largest producer in the Bakken since its $11 billion acquisition of Enerplus in May 2024, said it will purchase the remaining North Dakota production assets of ExxonMobil subsidiary XTO Energy for $550 million in cash in a deal expected to close by year’s end. The assets include 48,000 net acres (dark-blue areas in Figure 4 below) and 9 Mboe/d of production (78% oil), the vast majority of it in Dunn County and much of it within the Fort Berthold Indian Reservation (area outlined by dark-gray line). The XTO acreage being purchased is largely contiguous with Chord’s existing acreage (bright-green areas) and in some cases the deal will add to Chord’s working interest (WI; striped areas).
Formed in July 2022 with the merger of Whiting Petroleum and Oasis Petroleum, Chord Energy in June 2023 acquired 62,000 net acres and 6 Mboe/d of production from XTO for $375 million. In Q2 2025, Chord produced 281 Mboe/d (56% oil).
Chord Energy’s and XTO Energy’s Bakken Acreage
Figure 4. Chord Energy’s and XTO Energy’s Bakken Acreage. Source: Chord Energy
Chord Energy said the latest set of assets it is acquiring from XTO have breakeven economics in the $40s/bbl range and will “compete at the front end of Chord’s program.” The E&P noted that the contiguous nature of XTO’s drilling spacing units (DSUs) and proximity to Chord’s acreage “will facilitate 3- and 4-mile lateral development” — a fast-growing trend in western North Dakota.
