North Dakota Mineral Rights, Oil & Gas Royalty Buyers
Oil and Mineral Rights in North Dakota
Drilling in North Dakota began in the 1950’s, and has become one of the largest producers with more than 1.3 billion barrels produced thus far. Upon the development of fracking, North Dakota secured it’s spot amongst the top oil and gas producers in the United States.
The Bakken Shale and Three Forks Formation
The Bakken Shale is a rich natural oil and gas play that covers the western region of North Dakota and is the largest continuous crude oil formation in the country. It has been estimated that this and its underlying Three Forks formations combined hold around a total 24 billion barrels of crude oil. The oil boom has not only resulted in an dramatic increase in jobs, but is also terrific news for mineral right owners. This has created a great window of opportunity to profit from this boom through selling their North Dakota oil and mineral rights. CP Royalties can help make this process painless and quick.
Selling Your North Dakota Oil and Mineral Rights
Many oil and mineral rights owners choose to sell their mineral rights and oil and gas royalties to build on their retirement fund, to get money they may need for an emergency or other necessities, or even to get rid of the stress of owning/managing their rights and royalties. If you’re considering selling your mineral rights in North Dakota, CP Royalties will use our expertise to guide you smoothly through the process; making it as seamless as possible with the ability to close in as little as 15-30 days.