America’s conversation place for mineral & royalty owners
Oil & gas discussion group for those interested in Bottineau County, ND. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
Members: 24
Latest Activity: May 17
Started by Thomas Umstattd. Last reply by Kevin Skow Dec 8, 2011. 3 Replies 0 Likes
I have added a county image. What do you think?
Started by Martha Gaarder. Last reply by Martha Gaarder Aug 18, 2011. 8 Replies 0 Likes
Is anyone getting actual activity near Mad Max oil field? We're still negotiating with Empire.
Comment
Not sure but you can check the NDIC oil divison page to find some info or the bakkenblogg.
161north-81west, does anyone know of any activity near there???
the companies are Legacy oil and gas and Surge both are north of the border.
There was a rumor that there would be some drilling south of bottineau this summer. I f you check the quarterly statements of the canadian companies they state the well are producing about 20 bbls obove expectations.
Are there any active rigs in the county?
I started this group because I wanted information on the Bottineau area. I think that is why we are all here. There is very little information and it is nice to share what we know. Thank you for your contributions.
Jan, What was the royalty?
We did get an offer for $100/ac, 5yrs, and 1/6% royalty. We are now considering a counter offer.
Comment by Jan Dunnegan on May 2, 2012 at 4:15pm
Comment by Bettina Marie Wade (Olson) on May 1, 2012 at 10:14pm Doesn't anyone have any news on the wells in our area.
Hi all, We were contacted last week by a landman about our mineral rights in T160N R82W south of the Wiley Field. Not sure what company he represents except they are out of Billings, MT I think. A co-owner of the rights has already signed. Does anyone know what the going lease terms (bonus, length of primary lease, royalty, etc.) might be in this area? From what I have seen, $100/ac, 3-5yrs, 18-22% royalty seem to be the general terms. The 5yrs seems a bit long to us, but we are neophytes at this.
Also, has there been any other recent activity not already mentioned in the prior posts?
Thank you
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