Williams County plays a vital role in the Bakken Shale region, with its extensive oil and gas reserves contributing significantly to North Dakota’s energy economy. Its geology supports consistent production, making it a sought-after location for mineral rights transactions. Investors and landowners alike recognize Williams County as a strategic area for maximizing energy potential.
Navigating mineral rights in Williams County requires expertise and market insight. We help you make informed decisions to maximize your assets.
Mineral rights ownership in Williams County comes with substantial opportunities but also unique challenges. From assessing market trends to complying with North Dakota’s mineral rights laws, every decision impacts the value of your assets. Our team’s in-depth knowledge ensures you have the support you need to make strategic choices and unlock the full potential of your mineral rights.
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.
Answers to common inquiries about managing mineral rights in Williams County.
Williams County is a major contributor to North Dakota’s oil and gas industry. As of recent data, the county accounts for approximately 17.02% of the state’s oil production and 20.01% of its gas production, ranking it fourth in total oil production and second in total gas production within North Dakota.
Williams County is one of the most active oil-producing regions in North Dakota, located within the Bakken Formation. As of recent years, the county consistently ranks among the top oil and gas producers in the state, with thousands of producing wells and ongoing drilling activity by major operators.
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. It’s advisable to consult with a professional to ensure fair terms.
The value of mineral rights in Williams County depends on several factors, including:
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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