The economic value of Nebraska mineral rights dates back to May of 1940 when the first oil well was drilled. The Bucholz Well No. 1 was drilled by the Pawnee Royalty Company. This was the first well in Nebraska to produce at least 50 barrels daily for 60 consecutive days. Currently, most of the producing mineral rights in Nebraska originate from the production of crude oil. There is very little production of natural gas in Nebraska.
Nebraska Oil and Gas Conservation Commission: http://www.nogcc.ne.gov/
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