Oil & Gas Property in Billings County, ND
Key data points for Vanvig 1
| County | Billings County, ND |
|---|---|
| Operator | MEDORA MINERALS, LLC |
| Production Dates | Feb 2012 - Aug 2025 |
| Total Oil Production | 138,369 BBLs |
| Total Gas Production | 5,796 MCF |
| Recent Oil Production | 854 BBLs in Aug 2025 |
| Recent Gas Production | 1 MCF in Aug 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Vanvig 1
ShaleAssessment™
$12,583 *
MarketMultiple™
$96,270 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 3 properties to the Vanvig 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Federal | Billings County, ND | 2,511 BBLs | 3 MCF | Aug 2025 |
| Federal | Billings County, ND | 1,154 BBLs | 329 MCF | Aug 2025 |
| Paasch 11-26 | Billings County, ND | 509 BBLs | 204 MCF | Aug 2025 |
These are the closest 6 companies operating near the Vanvig 1 property.
| Company Name |
|---|
| Amerada Hess Corporation |
| Ladd Petroleum Corp. |
| Medora Minerals, LLC |
| P.O.&G. Operating, LLC |
| Scout Energy Management LLC |
| Upton Resources U.S.A. Inc. |