Thank you so much Ed and Snues. The information is very much appreciated.
I just checked the State of NDak’s monthly production, and found your well, the driller being Philip D. Armstrong. It’s located at 33-154-95. The “official” name of the well is USA-Ytredahl Bakken 33-43. Do you know how to find the GIS map, and how to find the production reports provided by the State?
here is the well data, its been around since 1995.
NDIC File No: 5801 API No: 33-053-00655-00-00 CTB No: 105801
Well Type: OG Well Status: A Status Date: 12/11/1995 Wellbore type: Directional
Location: NESE 33-154-95 Footages: 1893 FSL 150 FEL Latitude: 48.11561 Longitude: -102.893129
Current Operator: PHILLIP D. ARMSTRONG
Current Well Name: USA-YTTREDAHL BAKKEN 33-43
Elevation(s):** 1880 KB ** Total Depth: 11000 Field: CHARLSON
Spud Date(s): 4/3/1976
Casing String(s): 13-3/8" 403’; 9-5/8"4212’; 5-1/2" 11000’
Completion Data
Pool: BAKKEN Perfs: 10028-10122G Comp: 12/11/1995 Status: F Date: 12/11/1995 Spacing: NW
Pool: DEVONIAN Perfs: 10618-10840G Comp: 8/21/1976 Status: PNA Date: 12/11/1995 Spacing: N2
Cumulative Production Data
Pool: BAKKEN Cum Oil: 15115 Cum MCF Gas: 29866 Cum Water: 4132
Pool: DEVONIAN Cum Oil: 151458 Cum MCF Gas: 1379140 Cum Water: 547982
Production Test Data
IP Test Date: 8/21/1976 Pool: DEVONIAN IP Oil: 99 IP MCF: 77 IP Water: 51
Go to this site to ‘see’ where your well is: https://www.dmr.nd.gov/OaGIMSSub/viewer.htm When the map is drawn, click on ‘Find Section’ on the left, then select at the bottom of the screen Township 154, Range 95, Section 33. That section will then be centered on the screen - you will be able to see the 33 in that section. Your well’s id is 5801, which you will see along the eastern border of that section. Click on ‘Rect Identify’ on the left, then, with your mouse and cursor, draw a small rectangle around that well number. At the bottom of the screen you will see basic data on your well. Enjoy the process!
So I look up the Yttredahl well. It shows as being an active well, but by Phillip D. Armstrong. As far as I can tell, this is not an oil company, it’s just some guy in Minot. If the well is active I’m assuming I have some rights to the royalties, but what do you do if the well isn’t run by and oil company?
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
9-2013
17
79
220
39
39
39
0
BAKKEN
8-2013
15
52
0
20
143
143
0
BAKKEN
7-2013
17
50
0
23
6
6
0
BAKKEN
6-2013
15
82
0
22
33
33
0
BAKKEN
5-2013
8
28
380
67
141
141
0
BAKKEN
4-2013
12
6
0
23
81
81
0
Ooops, make that the column on the left, not right for the General Statistics.
Thank you so much for helping to keep me, and others, informed.
I really don’t plan on selling any of rights unless there is a very big change in my life.
My brother received a written offer for his acres 26.66 in Mcckenzie T-149 R-96 sections centering on the 4,5,8,9 cluster and 9.55 and 1.935 in Dunn county T-149 R-93 section 24/ T-148 R-93 section 2, of $350,000. Of course the answer was not interested. Collecting a few years royalty on acres seems to do their sale value no harm. I would suggest that even if you think you might sell in future, that you collect the cream off the top before you sell to get the most out of it. If they are only paying pennies on the dollar, you could realise twice as much by collecting royalty for 2 years. Just a thought.
Good plan, I was just putting this out there because there are so many people turning up asking if $5,000 is a fair price for great producing acres with more wells on the way. Hopefully this will let them know they are being terribly lowballed, if they are.
There are also some people out there who have a number in mind, like my brother, he wouldn’t have cultivated the contact to the point of a firm offer otherwise. Of course my brothers price is 3 times the amount offered, 25k per acre should be a bargain for working interest in those acres because if they never drill another well the wells that are already going to pay that much per acre over the mid term.
Mr. Rosoff, that is a great area and I would get some competing bids.
There is also a small matter of the state claiming the minerals under the navigable lakes and rivers.
I hate to put worries on anyones shoulders but you might do some research so you can either prepare for or dismiss possible troubles in the future. Good luck to you.
I have inherited mineral rights to 13.333 acres of 160 acre parcel now mostly under Lake Sakakawea, Township 153 North, Range 98 West, Section 12. There are currently wells in nearby sections. (I have looked this up on the maps that you all have linked, which shows me wells, like 3 in Section 10, operated by Kodiak, I think.) I have been offered an Oil and Gas Lease, Lease Bonus $2000 per acre, 20% royalty. I have read mineralwise.com about leases, which advises me to seek to get rid of warranty clause, and not to jump on first offer. Can anyone advise me as to the reasonableness of the lease bonus and royalty? Is anyone actually putting wells in Lake Sakakawea? What about liability for oil spills? Thanks!
Does anyone have any experience about leasing bonuses and royalty rates for the area?
David,
We would be interested in discussing leasing your minerals and learning more about the specifics. We advertise in the marketplace section of the website and you can reach us at www.overlandminerals.com. Regarding your questions about putting wells in lake Sakakawea, etc. They would be drilled from shore horizontally under the lake. As a mineral owner I don’t believe there is any environmental liability. As a working interest holder (if you participated in any well and didn’t lease) you would potentially have that liability.
Jeff
Daniel, I accidentally addressed my response to “David.” Sorry.
This comment is for Daniel Rosoff. I am in your lease area as well and know a fair amount about it. There are numerous other leases nearby that expired this year and I haven’t checked them for a few months but here are the first three questions I would ask you:
-
WHO offered you $2000 per acre – the answer is very important;
-
Do you have siblings or other heirs who own the other 147 acres;
-
Are you certain that you have clear title to the acreage and that the rights have not been stolen by the state of North Dakota?
Assuming that you hold clear title I would not take less than $3000/acre with 20% royalty and be very very clear and specific about the Pugh clauses and other contract terms in your lease. There are wells coming so DO NOT sell your rights cheaply or allow yourself to be pressured by landmen into taking a lowball offer on the lease. Go slow and do your homework!
Daniel,
We are still interested in talking to you about leasing your minerals. You can reach me through our website overlandminerals.com or directly at 720 545-1754. I am told we received a blank submission with a North Carolina ISP the other day, which may have been you. In any case good luck to you.
Jeff
I have 160 acres under lease in Mckenzie County, 149/103 sec 2. I recently heard from a landsman that there was some activity there and was wondering if I was getting royalties. I’m not aware of any activity and was wondering if anyone else has heard anything. Also, what is a “stop gap” ? I’m not familiar with the term as it relates to oil production.
Frank, no well is posted at this time in Section 2. There is a permit on Section 36.
Not sure what “stop gap” means. What was the context?