Mineral Rights Forum

America’s conversation place for mineral owners

McKenzie County, ND - Oil & Gas Discussion

Information

McKenzie County, ND - Oil & Gas Discussion

Oil & gas discussion group for those interested in McKenzie County, ND. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Members: 162
Latest Activity: 12 hours ago

Discussion Forum

Deed Granting Mineral Rights and The Value of the Mineral Rights - Attorney Requests

Started by R Ward. Last reply by Larry Wagenman yesterday. 6 Replies

Hello All.I am at my wits end.  I seem to be hitting nothing but roadblocks. First the story:  My mother passed away 3 years ago.  The mineral rights she inherited years ago became an asset of the…Continue

Attorney for estate planning in McKenzie County, ND

Started by Terry Petersen. Last reply by Louise Tario Apr 15. 2 Replies

I live out of state but have producing mineral acres in McKenzie County.  I am in need of an estate planning attorney and have been told that a ND attorney with working knowledge of  minerals, etc.…Continue

Keywords: planning, estate, attorney

Agreement to open oil spigot for Navajo landholders -- Is the Bakken Shale next?

Started by John Hawk. Last reply by John Hawk Apr 11. 1 Reply

ALBUQUERQUE —A new agreement between state and…Continue

Keywords: Texas, NewMexico, Colorado, NorthDakota, Midstream

US tax issues for participating owner

Started by Ed Arildson. Last reply by Ed Arildson Apr 6. 1 Reply

My well was drilled by company 1which started drilling in late 2012, and completed in early 2013; sold last year to company 2, which quickly sold to company 3. I was billed for, and paid, my share of…Continue

Keywords: taxes, participating

Comment Wall

Comment

You need to be a member of McKenzie County, ND - Oil & Gas Discussion to add comments!

Comment by John Murray 12 hours ago
As summarized earlier in this blog, I was negotiating with Continental/Diamond on a new lease in McKenzie County but then another problem came up on a property in another county under lease with them. I ended up telling them that I would no longer consider leasing with them until that other problem was resolved to my satisfaction (and maybe not even then).
Today, I got a call from another land company named Aurora Energy Solutions seeking to lease the same property in McKenzie County. The proposed lease terms are pretty much where I had left off with Continental/Diamond, which is a bit suspicious. I gave them a proposal with a special lease term - no assignments to Continental/Diamond. That should smoke out who I am really dealing with.

Does anyone have any experience with Aurora - good, bad or indifferent? Has anyone else been approached?

And, yeah, I know the land men might read this blog.

Thanks.

JSM
Comment by Janie Newborg on April 17, 2014 at 11:49pm

Wow, thanks for the info.

Comment by r w kennedy on April 17, 2014 at 8:03pm

Janie, that inactive well has had awesome production of 471,000 barrels since 11-22 of 2011. I'm sure it will be back.

There are 3 wells spud in that spacing besides the great first well. The last well spud was 4-15-2014.

Comment by Janie Newborg on April 17, 2014 at 7:08pm

Oops, Range 95 - I checked myself and it is IA.  There are more right there that are on the confidential list.

Comment by r w kennedy on April 17, 2014 at 7:01pm

Janie, 53 is probably not the correct range.

Someone may have told you shut in when the proper term would be Inactive, IA .

Janie, wells are shut down while other wells nearbye are fractured, which could mean you are getting yet another well. It can be a very good thing.

Comment by Janie Newborg on April 17, 2014 at 6:42pm

The operator is Petro Hunt.  It is at Township 153, Range 53, Section 4.

Comment by r w kennedy on April 17, 2014 at 6:41pm

Shut in is interesting. If the well were incomplete it should be DRL status, shut in raises the connotation of a well capable of producting but is simply not being produced for lack of a market or the ability to get the product to market. Can you tell us the operator?

Comment by Janie Newborg on April 17, 2014 at 6:32pm

Thanks for the info.  Actually, looking into it, it is shut in.  I'm not sure what that means either.  But I know it's not good.

Comment by r w kennedy on April 17, 2014 at 5:52pm

Janie, just because the information on a well is no longer secret does not mean it's producing yet. Many wells have their confidential status end before they are producing these days.

I have one that came out of confidential status today and it's not completed or producing yet.

Comment by r w kennedy on April 17, 2014 at 5:26pm

Ed your well did amost 3 times the production 2 months before the pump was installed than it did the month after. Usually the pumps purpose is to improve production, and it will for your well too, probably around the end of next year. The pump can be installed anytime from before first production to 4 years after, like some of mine. Just because it is there does not mean it's in use, it can just bypass. Maybe there was a crew standing with nothing to do. At least you know why you had so few days production in October and you would have had the downtime at some point anyway.

 

Members (162)

 
 
 

© 2014   Created by Kenny DuBose.

Badges  |  Report an Issue  |  Terms of Service