This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
North Dakota Reservation of Additional Interests in Production
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Multi-State
Control #:
US-OG-819
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Word;
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How to fill out Reservation Of Additional Interests In Production?
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North Dakota leads the nation in production of spring wheat, durum wheat, dry edible peas, dry edible beans, honey, flaxseed and canola. North Dakota is the No. 1 producer of honey in the nation. Check out the North Dakota Bee Map.
The number of oil and gas wells in production in North Dakota was 18,179 in July 2023, a change of +0.4 percent from the prior month and +4.6 percent from one year ago. Approximately 8 in 10 oil and gas wells are located in the four core oil and gas producing counties.
The Mining, Agriculture, Forestry, Fishing and Hunting and Healthcare and Social Assistance sectors contributed the most to North Dakota's GDP in 2023, representing a combined 39.1% of state GDP.
North Dakota has been enjoying a robust economy, characterized by a flourishing energy development sector, in addition to strong agriculture, real estate, and government sectors.
Agriculture is the leading industry sector in North Dakota and points clearly to the extraordinarily important role North Dakota plays in raising crops and livestock to feed the world's growing population and meet increasing demands for renewable energy and life science applications.
Gross production tax - Oil. A tax of five percent of the gross value at the well is levied upon all oil produced within North Dakota, less the value of any part thereof, the ownership or right to which is exempt from taxation. The tax levied attaches to the whole production, including the royalty interest.
Oil and lignite coal. Natural gas and biofuels. Wind and solar. North Dakota's energy industry supports more than 75,000 direct and indirect jobs and accounts for more than $3.2 billion annually and offers some of the most significant growth opportunities for our state.
Basic Info. North Dakota Crude Oil Production is at a current level of 37.74M, up from 36.57M last month and up from 32.94M one year ago. This is a change of 3.21% from last month and 14.58% from one year ago.
