Bakken Shale Oil Royalties
For nearly a century, Phillips Energy Partners has been committed to helping mineral owners—like
you—capitalize on their mineral, royalty and overriding royalty interests in emerging shale
plays, such as the Bakken shale. Those who own minerals in the Bakken area will likely receive
revenue from oil and gas royalties over time, because they will earn a percentage of the value of
all oil and gas as it is extracted from their minerals. Phillips Energy Partners offers mineral
owners the opportunity to receive that revenue up front rather than waiting for operators to
produce from the formation.
The Bakken Boom
Straddling 200,000 miles along the U.S-Canada border in the Williston Basin is the Bakken
shale—one of the most promising domestic shale play discoveries to date—which underlies a
significant portion of North Dakota, as well as Montana and the Canadian provinces of Manitoba
and Saskatchewan. Although oil was first discovered in the subsurface Bakken formation in
1951, it’s not until recently that exploitation became commercially viable due to recent high oil
prices and advancements in horizontal drilling and hydraulic fracturing technology necessary to
penetrate the shale.
Since making our first significant Bakken acquisition in 2009, we have purchased over 23,000
acres in the Williston Basin. Based on current activity levels, we are focused on buying high-
grade minerals in Burke, McKenzie, Montrail and Williams counties, but are continuing to
pursue opportunities in Montana and other North Dakota areas, as well. By actively monitoring
the evolution of this developing play, we are able to accurately evaluate the future potential of
Bakken assets and offer full value for mineral rights in the region.
Convert Your Interests
Now is the time to take advantage of the hottest North American play. Phillips Energy Partners
is interested in purchasing Bakken mineral rights, as well as any overrides, in
this burgeoning area.
If you are interested in selling your rights or just a portion of them, please contact us or request a free Property Evaluation to discover the wealth potential of your assets.