Jeffery C. Kummer
Founder & Managing Partner
Jeff is a Petroleum Engineer and a Certified Minerals Manager (CMM) with extensive experience in the oil and gas industry. Jeff and his wife, Valerie, are natives of Watford City, ND where they are raising their five children and actively involved in their community, both at the local and state level.
A mineral and surface owner himself, Jeff has a comprehensive knowledge of property ownership, mineral leases, division orders, and negotiation strategy for the wide variety of agreements necessary for prudent oil and gas development. Jeff’s professional career, as a petroleum engineer, has included drilling gas wells in southwest Wyoming with EnCana Oil & Gas, developing a newly discovered oilfield in North Dakota (aka. The Bakken) with EOG Resources, leading MBI Energy Services, as its President, to become the largest independent oilfield services company in North Dakota while also contributing to the growth of an oil and gas company based in Denver, CO, knows as Wave Petroleum. Most recently, Jeff led the start-up of a midstream company based in Watford City, ND developing gathering infrastructure in western North Dakota.
Building on the assistance he has provided to friends and family , who own producing mineral interests, Jeff partnered with Joel Brown to build a family of companies focused on providing services to an underserved population of mineral and working interest owners. Krown Energy Group provides services in minerals management, asset evaluation and appraisal, brokerage services, and owns a proprietary software in MineralTracker.
Jeff is the Vice Chairman of the ND Oil & Gas Research Council as appointed by Governor Dalrymple, the ex-officio Chairman for the Industry Advisory Board to the UND Petroleum Engineering Department, nationally recognized as a recipient of Oil and Gas Investor magazine’s "20 Under 40" award, the Chairman of the Watford City Airport Authority, Head hockey coach for the Watford City Oilers, the Secretary/Treasurer of the McKenzie County Hockey Club, and other local committees. Jeff attended the University of North Dakota pursuing Geological Engineering prior to transferring to the Colorado School of Mines where he received a Bachelor of Science in Petroleum Engineering.
Joel is a Reservoir Engineer with extensive experience evaluating reserves and production potential in the Rocky Mountain Region, with a specialized focus on the Bakken. A Watford City native, Joel, along with wife, Emily, is proud to be raising the sixth generation of his family to live in McKenzie County. Influenced heavily by a long lineage of North Dakota oilfield workers, Joel signed on for the inception of the Petroleum Engineering program at the University of North Dakota, and in 2013, graduated at the top of the inaugural class.
Joel’s broad industry experience began well before graduating from Watford City High School, working with his father and grandfather at the family business, Northern States Fishing Tool Co. Since then, Joel has drilled operated oil wells in both the Williston Basin and the Powder River Basin of Wyoming, drilled and completed saltwater disposals, and designed and managed the construction of multiple pipeline systems—though the majority of his career has been spent on Acquisition & Divestment teams focused on establishing non-operated positions in the Williston Basin. Joel brings to the team a strong understanding of reservoir potential and market trends, which are utilized to provide mineral owners with a clear picture of their assets, ensuring that mineral appraisals are accurate and defensible, and that mineral owners who choose to sell receive a fair market value.
Joel moved his family back to Watford City from Denver, Colorado, to join with Jeff in the creation of a family of companies focused on helping mineral and non-op interest owners in the state of North Dakota. An active member of his community, Joel serves as the chair of the McKenzie County Job Development Authority, a board member of the Watford City Rough Rider Fund Committee, the Rough Rider Center Advisory Committee, and the Save the Maah Daah Hey Foundation, and has previously served on other various boards and committees.