I was asked by an oil company about buying some water for fracking some wells this summer. This is in central Montana. What kind of money are they paying in North Dakota. I am not sure what to charge them. Thanx for any Info.
In some areas of the West, water is more valuable now than the prospective oil from fracing. If you are a surface owner leasing minerals, be very careful not to give your water away in a mineral lease. It is very easily ignored.
Try to figure out the demand for your water then set a price that exceeds your expectations for water income. Remember that yhou are the supply source.