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North Dakota produces on average more than 1 million barrels of oil per day in 2022, making it the number three oil producer in the U.S. behind only Texas and New Mexico. North Dakota's rise as a leader in oil production has helped the country as a whole become the world's No.
How to search for mineral rights records in North Dakota? Visit the County Recorder's Office in the county where the land is and ask for the recorded deed document of the land to know about the mineral ownership. You will get accurate knowledge of the number of times mineral/surface rights have been severed from a lot.
Statement of Claim: The owner of the surface estate in the land in or under which the mineral interest is located on the date of abandonment may record a statement of succession in interest indicating that the owner has succeeded to ownership of the minerals under this chapter.
Mineral interests last indefinitely as long as they are not abandoned. Minerals are considered abandoned when they have not been used or claimed for twenty or more years. Minerals are ?used? when some type of activity such as production, leasing, or conveying occurs under North Dakota law.
The mineral rights value in North Dakota is typically be between a few hundred per acre and a couple thousands per acre for non-producing/non-leased mineral rights. A lot will depend on which county you are in. If you have mineral rights in McKenzie County North Dakota you are going to see more demand than other areas.
Department of Mineral Resources, Oil and Gas Division The Department of Mineral Resources' Oil and Gas Division regulates the drilling and production of oil and gas in North Dakota.
To determine mineral rights on a parcel of land, you need to go to the County Recorder's Office in the county of that parcel and request any recorded deed documents for the parcel.