Three Affiliated Tribes Oil & Gas Report for August 2010
Three Affiliated Tribes Oil & Gas Report
Tribal Energy Department
8/24/10
Status Report from Bureau of Indian Affairs: 7/1/10
Oil & Gas Leases
Total Number of trust acres leased (Allottee/Tribal): 503,234.72
Total Number of acres available to lease (Allottee/Tribal): 29,729.10
Total Oil & Gas Bonus Payouts: $180,708,224.14
Oil & Gas Production Development
Total Number of APD’s Received 186
Total Number of APD’s Approved 124
Total Number of APD’s Pending 3
Total Number of wells currently being drilled 14
Total Number of wells producing 73
Royalties July 2010
Three Affiliated Tribes: $670,392.90
Allottees: $2,781,669.50
Total Royalties Disbursed: $3,452,062.00
Assignments:
There remain approximately 250 new assignments of oil/gas mining leases to be processed for this location for various companies. The Fort Berthold Agency has completed over 1,550 assignments.
Communitization Agreements:
The Fort Berthold Agency has approved 33 communitization agreements.
Tribal Oil & Gas Royalties and Tax Revenue 2010:
Production Tax Extraction Tax Royalties Total
January‘10 $558,886.00 $237,247.00 $522,359.46 $1,318,492.46
Feburary’10 $507,059.24 $227,205.95 $550,989.68 $1,285,254.87
March’10 $543,999.88 $233,886.46 $713,555.14 $1,491,441.48
April’10 $769,071.11 $407,619.88 $750,900.43 $1,927,591.42
May’10 $845,343.44 $378,981.85 $453,647.34 $1,677,972.63
June’10 $903,781.51 $505,945.94 $545,077.01 $1,954,804.46
July’10 $722,461.99 $382,812.76 $670,392.90 $1,775,667.65
Oil & Gas Pipelines:
Arrow Pipeline (Mandaree)
Parshall QEP Pipeline (Parshall)
Saddle Butte Pipeline (Mandaree)
Bear Paw Pipeline(Four Bears/Shell Creek)
Mandaree QEP/Petro Hunt Pipeline (Mandare)
Three Affiliated Tribes Oil & Gas Leases:
Total Trust Acres Leased: 174,414 Acres
Total River Bed Acres Leased: 13,642 Acres
Total amount received in Oil & Gas Bonus: $49,613,171.09
Total Drill Commitments: 31 Exploratory Wells
Total IMDA’s:
- · Marathon
- · Dakota 3 E&P
- · QEP Energy
Largest Lease Holds:
- Questar: 53,308 acres
- Dakota 3/Zenergy: 43,370