It varies by section, but four to six horizontal wells per drilling spacing unit is common in this part of McKenzie County given the Middle Bakken plus multiple Three Forks benches.
McKenzie County is the busiest county in the whole Williston Basin, and Alexander sits well inside that core fairway, close enough to Watford City that most sections nearby have multiple horizontal wells on them already.
The Bakken acquisition desk reads the well and spacing record before evaluating the tract. Alexander isn't a huge town, but the acreage around it has been drilled hard for over a decade, first with single wells, then with the four, five, even six-well pads that became standard once operators figured out spacing.
If your family owns minerals near Alexander, there's a decent chance a well has already been drilled and you're getting royalty checks. The question is usually whether to keep collecting them or take a lump sum now.
Multi-bench Three Forks development is real here in a way it isn't in the flank counties to the east. Operators around Alexander have gone after the first and second Three Forks benches in addition to the Middle Bakken, which means more wells per spacing unit and, over time, more total recovery per net mineral acre. That's the core reason buyers will typically pay more per acre in this part of McKenzie County than in, say, Divide or Burke County.
It also means there's more well data to work with. We can usually find several offset wells within a mile of most Alexander tracts, which lets us build a real decline picture instead of guessing.
If you're already receiving royalty income, send us the last twelve months of check detail if you have it. We're looking at the gross-to-net spread (gathering, processing, and marketing deductions are standard in this county but the percentage varies by operator), and whether production is still climbing, flat, or already declining. A tract three years into production with a stable decline prices very differently than one where the newest well just came online.
A mineral review here starts with the county recording office, legal description, deed chain, reservations, lease, units, division orders, payor records, statements, and state well data.
Probate, marital property, dormant-mineral rules, pooling, recording, transfer, regulatory filings, and payor notices differ between North Dakota and Montana and sometimes between counties. Qualified advisers should review those questions.
Use the local context as a prompt, not a valuation shortcut. Alexander, ND sits well inside McKenzie County's Bakken fairway. The Bakken acquisition desk explains what drives value here and buys mineral interests directly. The review desk then reconciles the exact tract against gross and net acres, ownership fraction, producing and inactive wells, paid decimal, recent statements, lease burdens, title exceptions, and the complete written offer. That comparison keeps a familiar town or county name from standing in for the record that actually controls price and closing.
It varies by section, but four to six horizontal wells per drilling spacing unit is common in this part of McKenzie County given the Middle Bakken plus multiple Three Forks benches.
Depends on your risk tolerance. Selling before a permitted well is drilled means giving up the upside if it performs well, but selling after means the price already reflects that production. I can walk through both scenarios with your actual numbers.
Small fractional interests are exactly the kind of thing that's easy to lose track of and expensive to manage for a modest check every month. Depending on the well history, they can still be worth a real lump sum.
Yes, though I need to understand why payment stopped, whether it's a shut-in well, a title suspense, or something else, before I can make a fair offer.
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