Oil and Gas Mineral Asset Evaluation and Advisory Services

The North Dakota Department of Trust Lands is seeking responses for specialized oil and gas mineral asset valuation, management software, and advisory services.

North Dakota > Office of Management and Budget > State Procurement Office > Department of Trust Lands


General
Open
Nov 13, 2026 05:00 AM
Nov 05, 2026 03:23 PM
Sole Source
State
Ask AI about this solicitation
Contact
pjgudvangen@nd.gov
+17013281913
Description

The State of North Dakota, through the Department of Trust Lands, is seeking responses from vendors that can provide specialized oil and gas mineral asset advisory services and mineral management software. The scope includes mineral asset valuation, production forecasting, drilling activity analysis, market analysis and outlooks, and executive-level reporting to support valuation, monitoring, and management of the state’s oil and gas mineral assets. The notice describes an initial mineral estate assessment and limited software license, followed by annual software subscriptions and per-well valuation updates. Vendors must provide a point-by-point response to the requirements, available supporting materials and website links, company and contact information, and detailed cost information. The notice identifies First International Bank & Trust Mineral & Land Services as the intended source, but invites responses proposing equivalent solutions.

Classification Codes
NAICS213112Support Activities for Oil and Gas Operations
PSCAP36MINERAL - MANAGEMENT AND SUPPORT
Smart Codes
oil and gas mineral valuationmineral management softwareoil and gas advisory services
Specifications
Supply & Service
Timeline
Nov 13, 2026 05:00 AM-Response Deadline
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