NDTL auction acreage declines againSix-year low of 2,522 acres leased in Feb. 4 auction as fewer North Dakota Trust Lands acres remain unleased; majority in Bakken core Mike Ellerd Petroleum News Bakken
Minerals Management Division of the North Dakota Department of Trust Lands offered just 2,522.22 acres in 38 tracts in its Feb. 4 oil and gas lease auction, the fewest over the last six years. And for the first time in that six-year period, the net proceeds from the quarterly lease auction fell belo....
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Fewer core acres left Six-year highs and lows
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