OG2200050
McKenzie County, ND
North Dakota Oil and Gas Lease Sale, February 1, 2022
SOLD
SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG2200050
Gross Acres:
108.03
Net Acres:
108.03
Time Remaining:
Auction has ended
Start Time:
1/25/2022 9:38 AM MST / 10:38 AM CST
End Time:
2/1/2022 9:38 AM MST / 10:38 AM CST
Your Bid:
-
Highest Bid:
$501/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$56,296.87
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T152N, R104W
Sec. 7: MISSOURI RIVER IN SE4
Tract Details
Lease No.
OG2200050
County, State
McKenzie, ND
Legal Description
T152N, R104W
Sec. 7: MISSOURI RIVER IN SE4
Gross Acres
108.03
Net Acres
108.03
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$540.15
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Provision
W: The land covered by this oil and gas lease lies beneath an area identified as essential wildlife habitat and development may be subject to additional procedures as part of an Application to Drill. The surface is not managed by the Department of Trust Lands.
R: Notwithstanding any other provisions of this lease to the contrary, it is agreed that Lessee has no right, without first obtaining the written consent of Lessor, to drill any well from the surface of said riverbed or lakebed or to use the surface of the riverbed or lakebed for any purpose. Lessor does not warrant its title to the acreage leased by this lease. North Dakota Administrative Code § 85-06-01-01(3) provides ”[a] nomination for a tract containing a body of water may include up to a section of land if the tract cannot reasonably be subdivided by quarter section or half section. The tract acreage, including islands, may be offered and described as ‘more or less’ and may be adjusted by the board within each quarter section.” If, during any time prior to expiration of the lease, it is determined by a court or by Lessor that the acreage is more than that set forth in this lease, then Lessee will pay Lessor an additional bonus for each additional acre. Such bonus will be the same per acre bonus as that paid by Lessee to obtain this lease. If, during any time prior to expiration of the lease, it is determined by a court or by Lessor that the Lessor owns less acreage than that set forth in this lease, then Lessor will refund to Lessee the proportionate per acre bonus paid for this lease.
P: The land covered by this oil and gas lease contains an archaeological or paleontological resource which may need to be protected. Lessee shall not disturb the surface of the leased premises until the provisions of this addendum are satisfied. At least 20 days prior to any surface disturbance of the leased premises, the lessee shall notify the North Dakota Department of Trust Lands of the location of the intended surface disturbance and what the disturbance will entail. The Department of Trust Lands, after considering advice from the State Historical Board or the North Dakota Geological Survey, will determine what, if any, protection of the resource shall be necessary before allowing access to the area intended to be disturbed. If the lessee objects to the requested protection, the lessee may present its objection to the Department of Trust Lands. The Commissioner of University and School Lands, subject to appeal to the Board of University and School Lands, shall make the final determination as to what protection or preservation measures must be undertaken before surface disturbance begins.
Seller Acquisition Agreement(s)
The North Dakota Department of Trust Lands Forms and Policies may be found at www.land.nd.gov/surface-minerals-management/mineral-auctions/forms-and-policies.
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
Buyer Premium
A 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease.
North Dakota Department of Trust Lands Point of Contact
EnergyNet Points of Contact
Bid History (All)
Bidder
Placed
Amount
Bidder #688
2/1/2022 10:37:54 AM
$501
Bidder #612
2/1/2022 10:33:17 AM
$500
Bidder #33
2/1/2022 10:37:51 AM
$356
Bidder #612
2/1/2022 10:33:17 AM
$355
Bidder #33
2/1/2022 10:37:49 AM
$354
Bidder #612
2/1/2022 10:33:17 AM
$353
Bidder #33
2/1/2022 10:37:47 AM
$352
Bidder #612
2/1/2022 10:33:17 AM
$351
Bidder #33
2/1/2022 10:37:45 AM
$350
Bidder #612
2/1/2022 10:33:17 AM
$337
Bidder #33
2/1/2022 10:37:37 AM
$336
Bidder #612
2/1/2022 10:33:17 AM
$335
Bidder #33
2/1/2022 10:37:35 AM
$334
Bidder #612
2/1/2022 10:33:17 AM
$333
Bidder #33
2/1/2022 10:37:33 AM
$332
Bidder #612
2/1/2022 10:33:17 AM
$331
Bidder #33
2/1/2022 10:37:31 AM
$330
Bidder #612
2/1/2022 10:33:17 AM
$305
Bidder #33
2/1/2022 10:37:25 AM
$304
Bidder #612
2/1/2022 10:33:17 AM
$303
Bidder #33
2/1/2022 10:37:22 AM
$302
Bidder #612
2/1/2022 10:33:17 AM
$301
Bidder #33
2/1/2022 10:37:20 AM
$300
Bidder #612
2/1/2022 10:33:17 AM
$281
Bidder #33
2/1/2022 10:37:14 AM
$280
Bidder #612
2/1/2022 10:33:17 AM
$224
Bidder #33
2/1/2022 9:18:28 AM
$223
Bidder #688
2/1/2022 8:48:50 AM
$222
Bidder #33
2/1/2022 9:18:27 AM
$221
Bidder #688
2/1/2022 8:48:50 AM
$220
Bidder #33
2/1/2022 9:18:25 AM
$219
Bidder #688
2/1/2022 8:48:50 AM
$218
Bidder #33
2/1/2022 9:18:23 AM
$217
Bidder #688
2/1/2022 8:48:50 AM
$216
Bidder #33
2/1/2022 9:18:21 AM
$215
Bidder #688
2/1/2022 8:48:50 AM
$214
Bidder #33
2/1/2022 9:18:20 AM
$213
Bidder #688
2/1/2022 8:48:50 AM
$212
Bidder #33
2/1/2022 9:18:19 AM
$211
Bidder #688
2/1/2022 8:48:50 AM
$210
Bidder #33
2/1/2022 9:18:17 AM
$209
Bidder #688
2/1/2022 8:48:50 AM
$208
Bidder #33
2/1/2022 9:18:15 AM
$207
Bidder #688
2/1/2022 8:48:50 AM
$206
Bidder #33
2/1/2022 9:18:14 AM
$205
Bidder #688
2/1/2022 8:48:50 AM
$204
Bidder #33
2/1/2022 9:18:12 AM
$203
Bidder #688
2/1/2022 8:48:50 AM
$202
Bidder #33
2/1/2022 9:18:10 AM
$201
Bidder #688
2/1/2022 8:48:50 AM
$200
Bidder #33
2/1/2022 9:18:08 AM
$199
Bidder #688
2/1/2022 8:48:50 AM
$198
Bidder #33
2/1/2022 9:18:06 AM
$197
Bidder #688
2/1/2022 8:48:50 AM
$196
Bidder #33
2/1/2022 9:18:04 AM
$195
Bidder #688
2/1/2022 8:48:50 AM
$194
Bidder #33
2/1/2022 9:18:02 AM
$193
Bidder #688
2/1/2022 8:48:50 AM
$192
Bidder #33
2/1/2022 9:18:01 AM
$191
Bidder #688
2/1/2022 8:48:50 AM
$190
Bidder #33
2/1/2022 9:17:59 AM
$189
Bidder #688
2/1/2022 8:48:50 AM
$188
Bidder #33
2/1/2022 9:17:58 AM
$187
Bidder #688
2/1/2022 8:48:50 AM
$186
Bidder #33
2/1/2022 9:17:56 AM
$185
Bidder #688
2/1/2022 8:48:50 AM
$184
Bidder #33
2/1/2022 9:17:54 AM
$183
Bidder #688
2/1/2022 8:48:50 AM
$182
Bidder #33
2/1/2022 9:17:53 AM
$181
Bidder #688
2/1/2022 8:48:50 AM
$180
Bidder #33
2/1/2022 9:17:51 AM
$179
Bidder #688
2/1/2022 8:48:50 AM
$178
Bidder #33
2/1/2022 9:17:50 AM
$177
Bidder #688
2/1/2022 8:48:50 AM
$176
Bidder #33
2/1/2022 9:17:48 AM
$175
Bidder #688
2/1/2022 8:48:50 AM
$174
Bidder #33
2/1/2022 9:17:47 AM
$173
Bidder #688
2/1/2022 8:48:50 AM
$172
Bidder #33
2/1/2022 9:17:45 AM
$171
Bidder #688
2/1/2022 8:48:50 AM
$170
Bidder #33
2/1/2022 9:17:44 AM
$169
Bidder #688
2/1/2022 8:48:50 AM
$168
Bidder #33
2/1/2022 9:17:43 AM
$167
Bidder #688
2/1/2022 8:48:50 AM
$166
Bidder #33
2/1/2022 9:17:41 AM
$165
Bidder #688
2/1/2022 8:48:50 AM
$164
Bidder #33
2/1/2022 9:17:39 AM
$163
Bidder #688
2/1/2022 8:48:50 AM
$162
Bidder #33
2/1/2022 9:17:38 AM
$161
Bidder #688
2/1/2022 8:48:50 AM
$160
Bidder #33
2/1/2022 9:17:36 AM
$159
Bidder #688
2/1/2022 8:48:50 AM
$158
Bidder #33
2/1/2022 9:17:35 AM
$157
Bidder #688
2/1/2022 8:48:50 AM
$156
Bidder #33
2/1/2022 9:17:33 AM
$155
Bidder #688
2/1/2022 8:48:50 AM
$154
Bidder #33
2/1/2022 9:17:29 AM
$153
Bidder #688
2/1/2022 8:48:50 AM
$152
Bidder #33
2/1/2022 9:17:28 AM
$151
Bidder #688
2/1/2022 8:48:50 AM
$150
Bidder #33
2/1/2022 9:17:24 AM
$149
Bidder #688
2/1/2022 8:48:50 AM
$148
Bidder #33
2/1/2022 9:17:23 AM
$147
Bidder #688
2/1/2022 8:48:50 AM
$146
Bidder #33
2/1/2022 9:17:21 AM
$145
Bidder #688
2/1/2022 8:48:50 AM
$144
Bidder #33
2/1/2022 9:17:20 AM
$143
Bidder #688
2/1/2022 8:48:50 AM
$142
Bidder #33
2/1/2022 9:17:18 AM
$141
Bidder #688
2/1/2022 8:48:50 AM
$140
Bidder #33
2/1/2022 9:17:16 AM
$139
Bidder #688
2/1/2022 8:48:50 AM
$138
Bidder #33
2/1/2022 9:17:14 AM
$137
Bidder #688
2/1/2022 8:48:50 AM
$136
Bidder #33
2/1/2022 9:17:13 AM
$135
Bidder #688
2/1/2022 8:48:50 AM
$134
Bidder #33
2/1/2022 9:17:11 AM
$133
Bidder #688
2/1/2022 8:48:50 AM
$132
Bidder #33
2/1/2022 9:17:09 AM
$131
Bidder #688
2/1/2022 8:48:50 AM
$130
Bidder #33
2/1/2022 9:17:07 AM
$129
Bidder #688
2/1/2022 8:48:50 AM
$128
Bidder #33
2/1/2022 9:17:04 AM
$127
Bidder #688
2/1/2022 8:48:50 AM
$126
Bidder #42
2/1/2022 8:16:18 AM
$125
Bidder #688
2/1/2022 8:48:12 AM
$111
Bidder #42
2/1/2022 8:16:18 AM
$9
Bidder #33
2/1/2022 7:48:44 AM
$8
Bidder #612
1/31/2022 6:25:07 PM
$7
Bidder #33
1/31/2022 12:50:57 PM
$6
Bidder #525
1/30/2022 7:02:22 PM
$5
Bidder #33
1/31/2022 12:50:53 PM
$4
Bidder #525
1/30/2022 7:02:22 PM
$3
Bidder #33
1/27/2022 2:50:42 PM
$2