Madison mineral rights in Ward County
What a Madison mineral or royalty interest in Ward County, North Dakota is worth, based on that county's own well and operator record, not a formation-wide average. Every figure is an estimate subject to verification of your specific interest.
Last updated June 2026.
What are Madison mineral rights worth in Ward County?
Madison interests in Ward County are valued the same way as any producing mineral or royalty interest: roughly 36 to 72 times your average monthly royalty check. Ward County sits in the Williston Basin, where state commission records show 5 active oil and gas wells out of 481 wells on record.
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What are your Ward County minerals worth?
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The Madison is one of the formations state oil and gas commission records show producing in Ward County, North Dakota. It is not the only zone here: Ward County also produces from Spearfish , which can mean a single tract is paid from more than one producing zone.
Madison activity in Ward County
State commission records show 5 active oil and gas wells across Ward County as of the most recent drilling on record, spudded in 2015. These figures describe the whole county, not any one owner's interest.
Operators active in Ward County
The most active operators in Ward County by well count, from the state commission. We name operators because the record is public; this is not an endorsement and implies no relationship.
- Inexco Oil CO. (39 wells)
- Cenex (17 wells)
- Eagle Operating, INC. (13 wells)
- Depco, INC. (9 wells)
- John B. Hawley, JR. Trust #1 (9 wells)
What the Madison means for your minerals in Ward County
A formation name on your royalty statement or division order does not change how your interest is valued. What matters is the income your wells actually pay: average your last three to six royalty checks, then apply the standard multiple of 36 to 72 times your average monthly check, the same as 3 to 6 times your annual royalty. Where you land in that band depends on how fast your Ward County wells decline, the operator, your royalty rate, and any undeveloped drilling upside. For the full method and a free on-screen estimate, see what are my mineral rights worth.
See the full picture for Ward County , part of North Dakota, or the Williston Basin it sits in. For the Madison's full footprint across every county we cover, see the Madison formation guide.
Madison in Ward County questions
- Does the Madison produce in Ward County?
- Yes. State oil and gas commission records list the Madison as a producing formation in Ward County, North Dakota, part of the Williston Basin, with 5 active wells on record countywide.
- What are Madison mineral rights worth in Ward County?
- Producing interests in Ward County are valued on the standard income multiple, roughly 36 to 72 times your average monthly royalty check. This is an estimate, subject to verification of your specific interest, not an offer.
- Who buys Madison mineral rights in Ward County?
- Ironwood Royalty buys Madison mineral and royalty interests in Ward County directly from owners as a principal buyer, so the offer comes from us and no broker commission is taken from your proceeds.
See what your Ward County Madison minerals could be worth
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