Mineral Rights Forum

America’s conversation place for mineral owners

Bakken Shale - Oil & Gas Discussion


Bakken Shale - Oil & Gas Discussion

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

Members: 393
Latest Activity: Sep 1

Discussion Forum

Eight Mile Field-Williams County 152N 103W sect 2

Started by Bill Fitzpatrick. Last reply by Kevin Jun 29. 3 Replies

Hi all,Our lease with Nine Point energy ( formally Triangle) is up in Sept.they claim they will drill "soon" but heard that before.Anyone know if drilling pads are in place in the east half of…Continue

Inherited minerals - Discovering "lost" ownership

Started by John W. Dietrich. Last reply by r w kennedy Jun 15. 3 Replies

My sister and I inherited some minerals in Billings and McKenzie Counties a few years ago from our stepmother, who got them from our grandmother, who got them from our grandfather, who died in 1963. …Continue

Looking for lease companies for Bakken minerals.

Started by Kevin. Last reply by r w kennedy Jun 14. 1 Reply

I am having a hard time finding companies online that lease minerals rather then buy. Please let me know if any of you folks have any companies you have dealt with. I am looking for investment groups…Continue

Frustration with oil prices, moneys received, discrepancy month to month on amount drilled

Started by Pat Maloney. Last reply by r w kennedy Jun 12. 6 Replies

Hi everyone,Just need to vent I guess.  My sibs and I have a total of 13 working wells in Williams County and 3 extra that have not produced as of yet or are on confidential lists.  Our monthly…Continue

Comment Wall


You need to be a member of Bakken Shale - Oil & Gas Discussion to add comments!

Comment by Ben Samuels on August 16, 2017 at 11:18am

I own some working interest in Mountrail, Divide and McKenzie counties, interested in taking offers. Please send me a private message if you are interested in getting details.

Thank you!

Ben Samuels

Comment by Joan M Osland Graffius on January 12, 2017 at 5:22pm

Reef Oil and Gas Companies has an interesting new partnership in the Bakken area. If you want to find out about it call them.

Comment by r w kennedy on December 9, 2016 at 12:17am

There are many others and I actually heard about the situation on tv some time ago.

Comment by Joan M Osland Graffius on December 9, 2016 at 12:13am

that article is written by an attorney that is looking for business. <smile>

Comment by r w kennedy on December 8, 2016 at 11:23pm

I hear there were a few winners with REEF and I hope you are one of them.


Comment by Joan M Osland Graffius on December 8, 2016 at 10:33pm

Is anyone investing in Reefs plan to get rid of the bank in the 2011 Bakken partnership.

Comment by r w kennedy on November 2, 2016 at 4:10am

Update on my post below. The wells to be drilled by Burlington Resources AKA Conoco Phillips are projected to cost between 6.6 and 6.8 million dollars each. The most recent well drilled by Burlington/Conoco on land pooled with ours in late 2015 produced 226k barrels of oil in the first 9 months. The wells are not skimped on, they are just that much cheaper than they used to be and much better in all technical aspects at the same time.

I'm not totally thrilled with my oil being pumped at current prices but these wells are going to be profitable. The acres are already HBP, they don't have to drill these wells.

Comment by r w kennedy on October 4, 2016 at 12:31am

My brother tells me he received another 4 well proposals for 149-96 section 9 Mckenzie county. His mail runs a day faster than mine. Three of the wells costs are sub 7 million and one is estimated to be slightly more than 7 million dollars.

In 2011 these would have been 10+ million dollar wells. Todays oil prices are not ideal but they will not kill the Bakken. The operators know where the oil is, they know to a close order how much it will cost to get out. Operators will not forget where it is. If they have a well holding a lease, that's sunk cost and they can afford to wait.

Comment by M Barnes on September 20, 2016 at 3:11pm

I agree with Mr. Kennedy.  No where near dead.

Comment by r w kennedy on September 20, 2016 at 3:08pm

The Bakken has not begun dying. They are still drilling wells in the sweet spots. I hear there are about 1200 drilled uncompleted wells in ND. I have had wells drilled in spacings where my mineral rights are in McKenzie county and in Dunn county, late 2015 and mid 2016.

They are drilling much better wells with much better completion techniques that cost 1/3 less than they did 3 years ago.

I would make sure you have something better to go to before you cash out of the Bakken. Much better if you consider the 15% capital gains tax you are going to have to pay.


Members (393)


© 2017   Created by Kenny DuBose.   Powered by

Badges  |  Report an Issue  |  Terms of Service