McKenzie County, North Dakota, stands as a cornerstone of the Bakken Shale formation,renowned for its abundant oil and gas reserves. As one of the most prolific energy-producing regions in the United States, McKenzie County offers landowners unique opportunities to maximize the value of their mineral rights. Whether you’re exploring leasing options, considering a sale, or seeking expert guidance, our team is here to help you navigate the complexities of mineral rights with confidence.
McKenzie County is at the epicenter of the Bakken Shale, boasting rich hydrocarbon deposits and a thriving energy industry. The region's geology and infrastructure make it a hotspot for exploration and production. By working with experts familiar with this area, landowners can ensure they’re making informed decisions about their mineral assets.
Navigating the complexities of mineral rights requires a trusted partner. Here’s why landowners in McKenzie County choose us:
Selling or leasing mineral rights can feel overwhelming, but it doesn’t have to be. In McKenzie County, the booming Bakken Shale activity creates opportunities for competitive offers. By understanding your rights and working with a trusted partner, you can navigate this process with clarity and confidence. Our team simplifies the complexities, helping you achieve your financial goals.
Our goal is to keep you well-informed and confident every step of the way. Here’s a brief overview of our process…
We begin the process once we receive the executed Purchase and Sale Agreement (PSA) from you. This marks the official start of our acquisition procedure.
Our thorough due diligence process involves sourcing ownership documents, compiling detailed runsheets, calculating exact tract ownership, and final verification by our Title Attorneys for accuracy.
We send you a proposed Mineral & Royalty Deed for your review. Once you approve, sign, and notarize the deed, we proceed to the next step.
After you send us a digital copy of the signed and notarized deed, keep the original until you receive payment confirmation.
Upon receipt of the digital copy of the executed deed, we will transfer the agreed purchase price in full using your preferred payment method (wire transfer, check, or cashier’s check).
After confirming receipt of funds, please overnight the original deed to Paint Rock Royalty at 1300 Summit Ave., Ste. 510, Fort Worth, TX 76102.
Here are answers to common questions landowners have about their mineral rights in McKenzie County.
McKenzie County is a leading contributor to North Dakota’s energy sector, accounting for approximately 31.51% of the state’s oil production and 47.13% of its gas output.
The county is part of the Bakken Shale formation, known for its rich deposits of oil and natural gas.
Leasing involves granting an oil and gas company the right to explore and produce minerals from your property for a specified period. In return, you receive an upfront bonus payment and a royalty percentage from any production.
Factors include the location of the property within productive formations, current production levels, existing leases, commodity prices, and recent drilling activities in the area.
Yes, selling mineral rights can have tax implications, including potential capital gains taxes. It’s important to consult with a tax professional to understand your specific situation.
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