Brigham has told us that they are going to be drilling on our section before the end of January. My lease runs out then. My concern is will they actually continue with what they have or since they are being bought out will that cause problems. My mineral rights are in Mountrail County, North Dakota. I have heard that Mountrail is no longer the hot spot and they are moving to Williams and McKenzie Counties. Any help would be appreciated.
Thanks
thelmarule:
I believe that acreages held by Brigham will most likely be drilled according to an already established schedule. This said, I don’t know the exact date when this buyout will be approved as it could linger into next year if lawsuits hold up the transaction. All in all, I believe that you will be drilled on schedule since your minerals are expiring in January.
Brigham leased our property in ND Williams County, 154 100 Section 15, 22 within the last year.
Good evening Mr. Babcock,
I am very appreciative of this site. As a novice I have everything to gain by being transparent and open. Please note my question and response on the Williams County Discussion group 10-19-11 @ 10:25pm. RE: Top Lease. I have freely given details, especially when asked. My intent here was to answer this person’s question; Yes, Brigham is securing leases in Williams County, I do not know if it is to the exclusion of other Counties.
My thanks to Charles Mallory, R.T. Dukes, Buddy Cotten and others who have offered such valuable advice on this site.
In reply to your question, my family’s interests are small, which limits our negotiation. For better or worse this is a new hobby for me. RE: Township 154 Range 100 Section 15/22, Brigham’s lease is at 1k per acre, net < 10 ac, 3 yr term, 3/16th RI. We accepted what was offered. Please see Williams County discussion group response to Charles Mallory’s request for additional info on Williams & McKenzie.
I don’t know the other “discussion thread” you criticized me (by name) on. Regardless, I will not be replying to it.