Mineral rights in Billings County, North Dakota
Billings County is a quieter corner of North Dakota's mineral market, with 4 permits in the last 24 months — which can mean motivated owners and less buyer competition.
- 4
- Permits · 24 mo
- 18%
- Avg lease royalty
down 33% vs prior 24 months
recorded leases, 5 yrs
Who's drilling Billings County
Operators ranked by drilling permits approved in the 24 months ending 2026-06-09.
| Operator | Permits · 24 mo |
|---|---|
| Cobra Oil & Gas | 1 |
| Medora Minerals, LLC | 1 |
| Petro-Hunt | 1 |
| Ragnar Exploration, LLC | 1 |
What the record says
Billings County recorded 4 drilling permits in the 24 months ending 2026-06-09, against 6 in the prior 24 months. 50% of recent permits are horizontal wells averaging 5,346-foot laterals. Activity centers on the Williston basin.
Leasing has kept pace: 403 leases were recorded in the county over the last 24 months, with recent recorded leases averaging about 18% royalty. For how royalty terms work, see our royalty guide.
Thinking about value? Start with what drives mineral prices or run the numbers in the value calculator.
Billings County mineral rights FAQ
Who is drilling in Billings County, North Dakota?
The most active operators by permits approved in the last 24 months are Cobra Oil & Gas, Medora Minerals, LLC, Petro-Hunt. The full table above lists the top five with permit counts.
What royalty are leases paying in Billings County?
Recorded leases over the past five years in Billings County average about 18% royalty. Individual terms vary with acreage position, competition, and the operator — treat this as a market reference point, not a quote.
How do I research mineral rights ownership in Billings County?
Start with the Billings County clerk's deed records and the county appraisal roll, then verify against state regulator filings. Our title search guide walks through the process, and the Mineral Eagle platform links these records for the whole county.
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Buying in Billings County?
Mineral Eagle links every permit above to the owners it affects — name by name, with the records to back it up.