Michigan· County Detail
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No broker fees. No auction. We close with our own capital.
By Brad Caponigro, Founder · Last updated Feb 2026
Production data through Feb 2026
as of Feb 2026
as of Feb 2026
as of Feb 2026
as of Feb 2026
Over the twelve most recent reported months, Kalkaska County wells produced about 89,170 barrels of oil and 2.1 million Mcf of gas — an average of 244 barrels and 5,632 Mcf per day. That output comes from roughly 360 active wells, with 287 permitted locations on file. The latest six months are running below the prior six, the profile of a position weighted toward legacy production.
89,170 barrels of oil, Mar 2025 → Feb 2026
2,055,557 Mcf of natural gas, Mar 2025 → Feb 2026
Rates shown as barrels of oil per day and Mcf of natural gas per day, computed from monthly totals reported to MI EGLE OGMD (Production.xml / ReportProvider). Jan 2020 through Feb 2026. Download CSV · See methodology.
| Month | Oil (Bbl) | Gas (Mcf) |
|---|---|---|
| Jan 2020 | 9,623 | 248,475 |
| Feb 2020 | 12,412 | 243,575 |
| Mar 2020 | 9,120 | 262,894 |
| Apr 2020 | 5,015 | 200,901 |
| May 2020 | 1,986 | 197,958 |
| Jun 2020 | 10,851 | 215,210 |
| Jul 2020 | 5,300 | 248,691 |
| Aug 2020 | 6,743 | 232,965 |
| Sep 2020 | 5,934 | 244,109 |
| Oct 2020 | 5,644 | 254,729 |
| Nov 2020 | 6,304 | 234,168 |
| Dec 2020 | 12,514 | 237,350 |
| Jan 2021 | 13,919 | 232,942 |
| Feb 2021 | 20,184 | 205,377 |
| Mar 2021 | 7,985 | 233,234 |
| Apr 2021 | 11,847 | 237,149 |
| May 2021 | 12,693 | 253,675 |
| Jun 2021 | 10,147 | 224,192 |
| Jul 2021 | 11,025 | 233,085 |
| Aug 2021 | 6,739 | 225,704 |
| Sep 2021 | 12,528 | 223,173 |
| Oct 2021 | 7,482 | 230,874 |
| Nov 2021 | 6,392 | 207,534 |
| Dec 2021 | 9,702 | 213,955 |
| Jan 2022 | 20,726 | 209,708 |
| Feb 2022 | 17,426 | 185,833 |
| Mar 2022 | 9,550 | 205,778 |
| Apr 2022 | 4,500 | 187,809 |
| May 2022 | 7,544 | 205,887 |
| Jun 2022 | 7,299 | 216,051 |
| Jul 2022 | 7,131 | 219,412 |
| Aug 2022 | 6,838 | 221,460 |
| Sep 2022 | 7,332 | 221,167 |
| Oct 2022 | 7,043 | 224,265 |
| Nov 2022 | 5,492 | 213,456 |
| Dec 2022 | 6,643 | 198,767 |
| Jan 2023 | 5,649 | 193,034 |
| Feb 2023 | 6,161 | 175,931 |
| Mar 2023 | 6,814 | 191,453 |
| Apr 2023 | 6,348 | 170,834 |
| May 2023 | 5,486 | 194,365 |
| Jun 2023 | 6,154 | 195,859 |
| Jul 2023 | 6,151 | 207,423 |
| Aug 2023 | 6,542 | 211,799 |
| Sep 2023 | 6,336 | 204,102 |
| Oct 2023 | 6,989 | 200,972 |
| Nov 2023 | 5,975 | 190,276 |
| Dec 2023 | 6,062 | 177,968 |
| Jan 2024 | 6,039 | 160,563 |
| Feb 2024 | 5,315 | 143,292 |
| Mar 2024 | 5,410 | 155,424 |
| Apr 2024 | 6,262 | 187,100 |
| May 2024 | 8,226 | 217,823 |
| Jun 2024 | 10,028 | 200,347 |
| Jul 2024 | 7,443 | 209,713 |
| Aug 2024 | 8,723 | 234,108 |
| Sep 2024 | 8,001 | 172,250 |
| Oct 2024 | 10,554 | 182,510 |
| Nov 2024 | 8,782 | 174,851 |
| Dec 2024 | 8,133 | 160,836 |
| Jan 2025 | 7,742 | 164,711 |
| Feb 2025 | 8,060 | 147,299 |
| Mar 2025 | 8,700 | 176,165 |
| Apr 2025 | 8,708 | 177,258 |
| May 2025 | 8,076 | 185,532 |
| Jun 2025 | 6,814 | 170,501 |
| Jul 2025 | 8,421 | 192,698 |
| Aug 2025 | 7,697 | 192,158 |
| Sep 2025 | 8,233 | 186,729 |
| Oct 2025 | 8,042 | 192,354 |
| Nov 2025 | 6,609 | 155,021 |
| Dec 2025 | 6,554 | 153,541 |
| Jan 2026 | 5,830 | 144,778 |
| Feb 2026 | 5,486 | 128,822 |
| Operator | Parent | Ticker | HQ |
|---|---|---|---|
| Muskegon Development | — | Private | — |
| West Bay Exploration | — | Private | — |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Kalkaska County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Kalkaska County is on our active buy list. We buy mineral interests, royalty interests, NPRI, and ORRI on both producing and non-producing tracts targeting the Antrim Shale and Niagaran Reef formations.
The most active operators we track in Kalkaska County include Muskegon Development, West Bay Exploration. We regularly buy interests held under leases with these operators.
Kalkaska County sits in the Michigan Basin, where the primary target is antrim shale / niagaran reef. Here we underwrite the Antrim Shale and Niagaran Reef formations.
Last-six-month volumes in Kalkaska County are running below the prior six months, which is typical of an area weighted toward legacy production rather than fresh drilling. Offer values still reflect the remaining decline curve and any nearby permits.
Yes. Kalkaska County is on our active buy list. We respond to offer requests within 48 hours and underwrite both producing and non-producing tracts.
Yes. Kalkaska is one of the original Antrim Shale producing counties in northern Michigan, with a long history of vertical-well biogenic-gas production. Mineral value is dominated by long-life PDP cash flow rather than new-drill expectations; Kalkaska County interests are underwritten primarily off the producing-side decline curve.
Yes — even small fractional Antrim interests are sellable. Hugely-divided heirships are common in northern Michigan, and we routinely buy fractional shares. We will quote any size Kalkaska County interest, and you can sell your fractional share independently of other heirs to the same parcel.
Michigan applies a 5% severance tax on oil and 5% on gas (with reductions for stripper wells). The tax is paid by the operator out of gross production, and the royalty owner sees the post-tax amount on the check. The tax affects your monthly check size but does not separately apply to the sale of the underlying mineral interest — that is a federal and Michigan capital-gains transaction, not a severance-tax event.
Closings on Kalkaska County mineral rights typically take 7 to 30 days from the date you accept our offer, depending on title complexity. We handle county-level title work, PSA drafting, mineral deed preparation, and notary coordination at our expense.
Just a tract description (abstract or survey, section/township/range, or a legal description from your deed) and any recent royalty check stubs if the interest is producing. You do not need to gather deeds or title opinions up front.
Kalkaska County sits in the Michigan Basin, where operators are targeting antrim shale / niagaran reef. Activity is led by names like Muskegon Development, West Bay Exploration, and new drilling continues to shape the play across the Antrim Shale and Niagaran Reef formations.
If you hold mineral rights, royalty interests, NPRI, or ORRI anywhere in the county, we'd like to put a written offer in front of you. Every offer we send is funded from our own balance sheet — there's no auction, no broker markup, and no third-party capital waiting to approve the deal.
Kalkaska County is on our active buy list. Recent production reflects more legacy decline than new completions, but we still underwrite producing tracts and review unleased acreage case by case.
Production has softened over the last six months compared with the prior six — typical of a county with more legacy production than fresh drilling.