ND O&G auction robust, record settingAvailable lease acres down; average price per acre steady; high bid per acre up; ND Board of Higher Education tract sets record Mike Ellerd For Petroleum News Bakken
The Minerals Management Division of the North Dakota Department of Trust Lands held its quarterly oil and gas lease auction in Bismarck on May 7. While the total acreage leased was nearly half of the acres leased in its February sale, the average price per acre in the May auction of $889, was litera....
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TBD bid highest average price per acre $24,500 per acre bid in Continental spacing unit
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