# Wellbore only interest in Mountrail, McKenzie and Divide Counties
**URL:** https://www.mineralrightsforum.com/t/wellbore-only-interest-in-mountrail-mckenzie-and-divide-counties/26030
**Category:** McKenzie County, ND
**Created:** [January 19, 2018, 2:20pm UTC](https://www.mineralrightsforum.com/t/wellbore-only-interest-in-mountrail-mckenzie-and-divide-counties/26030 "2018-01-19T14:20:43Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Ben\_Samuels](https://www.mineralrightsforum.com/u/Ben_Samuels)
#### Post date: [January 19, 2018, 2:20pm UTC](https://www.mineralrightsforum.com/t/wellbore-only-interest-in-mountrail-mckenzie-and-divide-counties/26030/1 "2018-01-19T14:20:43Z")
My family owns a small wellbore only interest in North Dakota. We are interested in selling and would like some help finding the companies that are buying this type of interest. I have called a number of the mineral buying companies in that area, but they do not buy working interest.
Current cash flow is about $750/month.
Any help would be greatly appreciated!
Ben Samuels
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### Author:  [@Matt\_Sands](https://www.mineralrightsforum.com/u/Matt_Sands)
#### Post date: [January 19, 2018, 5:21pm UTC](https://www.mineralrightsforum.com/t/wellbore-only-interest-in-mountrail-mckenzie-and-divide-counties/26030/2 "2018-01-19T17:21:58Z")
Ben,
Another option would be to go through an auction site like [EnergyNet.com](http://EnergyNet.com) or [ogclearinghouse.com](http://ogclearinghouse.com). Leasehold interests like yours are put up for auction frequently and this way you can get in front of multiple buyers. In any case, you should perform a rough valuation so that you understand what this interest is worth. If you go through an auction site, you can then use this information to set a reserve price (if bids don’t go above this price you aren’t obligated to sell).
There are many ways to value leasehold interests but as a reference point, the rule of thumb for producing royalty interest value is 50-70x average monthly cash flow. If your interest is a working interest (you have to pay your share of Lease Operating Expenses each month), value would be based on net cash flow and would need to consider P&A costs of the well at the end of life so a discounted cash flow analysis would be more appropriate.
I hope this helps,
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:24pm UTC](https://www.mineralrightsforum.com/t/wellbore-only-interest-in-mountrail-mckenzie-and-divide-counties/26030/3 "2025-01-11T18:24:17Z")