Karlgaard 2

Oil & Gas Property in Divide County, ND

  2. North Dakota
  3. Divide County, ND
  4. Oil & Gas Properties in Divide County, ND
  5. Karlgaard 2 Oil & Gas Property

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Property Summary

Key data points for Karlgaard 2

CountyDivide County, ND
OperatorPHOENIX OPERATING LLC
Production DatesSep 2012 - Aug 2025
Total Oil Production182,372 BBLs
Total Gas Production280,152 MCF
Recent Oil Production392 BBLs in Aug 2025
Recent Gas Production424 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Karlgaard 2

ShaleAssessment™

$22,473 *

MarketMultiple™

$56,884 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Karlgaard 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Karlgaard 2
from Sep 2012 to Aug 2025

Wells on Karlgaard 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-023-00822KARLGAARD 22-15-160-98H 1PBPhoenix Operating LLCActiveDivide County, ND48.663129-103.325463
33-023-00823KARLGAARD 27-34-160-98H 1XPPhoenix Operating LLCActiveDivide County, ND48.663129-103.325273

Nearby Properties

These are the closest 20 properties to the Karlgaard 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Axel FerrariDivide County, ND47,690 BBLs92,721 MCFAug 2025
Bentson 2Divide County, ND362 BBLs1,137 MCFAug 2025
Bissonnette 14B-31HDivide County, ND302 BBLs1,370 MCFAug 2025
Bronkar 2Divide County, ND1,462 BBLs2,252 MCFAug 2025
Frazier 1-20-17HDivide County, ND466 BBLs1,226 MCFAug 2025
GN-Earecen- 159-98-2734H-1Williams County, ND384 BBLs1,009 MCFAug 2025
GN-Njos- 159-98-2635H-1Williams County, ND341 BBLs777 MCFAug 2025
Hay Farms 14B-20HNDivide County, ND339 BBLs597 MCFAug 2025
Herland 14-12HDivide County, ND915 BBLs1,298 MCFAug 2025
Ingebret 1-8HDivide County, ND310 BBLs709 MCFAug 2025
Jacobson 1Divide County, ND80,290 BBLs143,932 MCFAug 2025
Michelsen 1-34HDivide County, ND603 BBLs1,044 MCFAug 2025
Moe Trust 33-28-160-98H 1BPDivide County, ND309 BBLs157 MCFAug 2025
Nystuen 14Divide County, ND592 BBLs1,738 MCFAug 2025
Rogers 1Divide County, ND693 BBLs195 MCFAug 2025
SchilkeWilliams County, ND145 BBLs222 MCFAug 2025
TurbodieselWilliams County, ND68,769 BBLs67,868 MCFAug 2025
WildroseDivide County, ND0 BBLs0 MCFMay 2025
Wildrose 159-9Williams County, ND678 BBLs744 MCFAug 2025
Wildrose 159-98-15-10-3-3H3Williams County, ND341 BBLs418 MCFAug 2025

Companies in the Area

These are the closest 11 companies operating near the Karlgaard 2 property.

Company Name
Armstrong Operating, Inc.
Cobra Oil & Gas Corporation
Continental Resources, Inc.
Getty Oil Company
Hess Bakken Investments II, LLC
Hunt Oil Company
Kraken Operating, LLC
Petro-Hunt, L.L.C.
Phoenix Operating LLC
SM Energy Company
Whiting Oil And Gas Corporation

Frac'ing activity on Karlgaard 2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-023-00822Karlgaard Trust 22-15-160-98H 1PB
33-023-00823Karlgaard Trust 27-34-160-98H 1XP