Sell Your Mineral Rights in McCone County, MT

If you own mineral rights in McCone County, Montana, you're on the eastern fringe of the Williston Basin — real oil country, but more thinly drilled than the basin's core in North Dakota. Values here vary a lot depending on exactly where your acres sit, and the honest truth is that some parcels are worth real money while others are more speculative. Let's figure out which category yours falls into.

ASSET OVERVIEW

Est. per Acre

$150–$1,200

per net royalty acre

Active Wells

85+

Drilling Activity

Core Basin

Williston Basin

Primary Formation

Primary Resource

Oil

Commodity Type

What Mineral Ownership Looks Like in McCone County Right Now

McCone County sits in the Williston Basin, which has been one of the more resilient oil-producing regions in the U.S. over the last decade. That said, McCone is not the heart of the Bakken — it's the Montana side, and drilling activity here is considerably lighter than in Mountrail or McKenzie counties across the border in North Dakota. There are active wells and legitimate operator interest, particularly in the northern and eastern portions of the county closer to the North Dakota state line, but if someone recently made you an offer, it's worth understanding whether that offer reflects real near-term development or longer-term speculation. The county seat is Circle, and while this isn't a booming oil hub, there's enough activity that your rights could be worth more than you think — or they might be worth a patient hold rather than a quick sale.

McCone County Mineral Rights: The Numbers

~85

producing oil wells (estimate)

Estimated Active Wells

$150 – $1,200

per net mineral acre (highly location-dependent)

Estimated Value Range Per Acre

8,000 – 11,000

feet (Bakken / Three Forks)

Primary Target Depth

Oil

with associated natural gas

Primary Commodity

Williston Basin

Montana portion

Basin

Who's Operating in McCone County

Chord Energy

CHRD

Enerplus Corporation

ERF

Slawson Exploration

Private

EOG Resources

EOG

Burlington Resources (ConocoPhillips subsidiary)

COP

What's in the Ground

Bakken Shale

Williston Basin

The primary target across the Williston Basin, the Bakken in McCone County sits somewhat on the structural flank of the basin compared to the deeper, more pressured core in North Dakota. It's productive in the right locations but well economics here are more variable — thickness and pressure matter a lot, and not every township is equal.

Three Forks

Williston Basin

Directly below the Bakken, the Three Forks is often developed simultaneously by operators running multi-well pads. In McCone County, the Three Forks adds meaningful value where the Bakken is already economic, giving operators a second productive bench without drilling an entirely new location.

Madison

Williston Basin

A deeper carbonate formation that has produced oil in parts of eastern Montana for decades. The Madison is generally considered a secondary target in McCone County, but it has historical production and remains a legitimate part of the stratigraphic column worth understanding if you're evaluating your rights.

What to Know About McCone County

Records Are Filed in Circle

All mineral deeds, lease agreements, and production records for McCone County are recorded at the McCone County Courthouse in Circle, MT — the county seat. If you're trying to verify what you own or trace a chain of title, that's your starting point. The office is small and staff are generally helpful, but turnaround on records requests can take time.

Montana Severance and Property Tax on Minerals

Montana taxes oil production at the wellhead through a severance tax, and mineral rights that are producing can also carry a property tax obligation. If your minerals are leased and producing, you may owe taxes you're not aware of. It's worth checking with the McCone County Assessor's office to make sure you're in compliance.

Montana Follows a Forced Pooling Framework

Montana allows forced pooling (called 'integration' under state law), which means an operator can potentially develop your minerals even if you haven't signed a lease — though you'd receive compensation. If you've received a lease offer and haven't responded, understanding pooling risk is relevant to your decision.

Thinner Drilling Density Than the North Dakota Bakken Core

McCone County has notably fewer active Bakken wells per township than counties in western North Dakota. This isn't a dealbreaker, but it does mean buyers price McCone acres at a discount to core Williston acreage. If someone offers you top-dollar Mountrail County pricing, be skeptical. If they're offering a fair eastern Montana rate, that's a different conversation.

Questions We Hear From McCone County Owners

I got a lease offer from an operator in McCone County. Is it a good one?
Lease terms in McCone County typically run from 1/6 (16.67%) to 1/5 (20%) royalty with a 3-year primary term, though 1/4 royalty is achievable in more competitive areas. The bonus payment per acre is where things vary most — in less active parts of the county, bonuses can be modest ($50–$150/acre), while areas with recent nearby drilling can fetch several hundred dollars per acre. Don't sign without at least understanding what the going rate is for your specific township and range.
How is the value of my McCone County minerals different from Bakken minerals in North Dakota?
Honest answer: McCone County mineral rights are generally priced lower than core Williston Basin acreage in North Dakota. The geology is similar in concept but the pressure, thickness, and well density in McCone are less favorable on average. That said, location within the county matters enormously — northern McCone County near the Fort Peck Reservation boundary has seen more interest than some of the county's western townships. Your specific section, township, and range matters more than the county name.
I inherited these minerals and have no idea what I actually own. Where do I start?
Start with the McCone County Courthouse in Circle. The county recorder's office has deed and title records that can help you understand what was conveyed and when. You'll want to look at the original deed that created the mineral interest, any subsequent conveyances, and whether there are any active leases on record. If you have an old family deed, the legal description (section, township, range) is the key piece of information. Once you have that, you can check the Montana Board of Oil and Gas Conservation's online records to see if there are any wells permitted or producing on or near your acreage.

Want to Know What Your McCone County Minerals Are Actually Worth?

You don't need to figure this out alone. We work with mineral owners in McCone County and across the Williston Basin, and we can give you a straight answer about what your acres are worth in today's market — no pressure, no obligation. The first step is just a conversation.

Get My Free Valuation
EXPLORE THE BASIN

Other Williston Basin Counties

GET STARTED

Get a Free Offer for Your McCone County Mineral Rights

No obligation. No commissions. We respond within one business day.

Your Name

How to Reach You

Email required. Phone number optional but recommended.

or

Location

Property Details

Are your mineral rights currently producing?
Are you currently receiving royalty payments?

By submitting, you consent to be contacted by Mineral Buys and/or qualified mineral rights buyers in our network via phone, email, or text. Message & data rates may apply. Reply STOP to opt out. View our Privacy Policy and Terms of Service.