Karlgaard 2

Oil & Gas Property in Divide County, ND

Property Summary

Key data points for Karlgaard 2

CountyDivide County, ND
OperatorPHOENIX OPERATING LLC
Production DatesSep 2012 - May 2025
Total Oil Production181,067 BBLs
Total Gas Production278,567 MCF
Recent Oil Production432 BBLs in May 2025
Recent Gas Production779 MCF in May 2025
Wells on Property2

Our Valuation Estimates for Karlgaard 2

ShaleAssessment

$23,349 *

MarketMultiple

$63,313 **

* 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 May 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, ND74,071 BBLs84,467 MCFMay 2025
Bentson 2Divide County, ND495 BBLs1,376 MCFMay 2025
Bissonnette 14B-31HDivide County, ND544 BBLs2,169 MCFMay 2025
Bronkar 2Divide County, ND1,217 BBLs2,421 MCFMay 2025
Frazier 1-20-17HDivide County, ND616 BBLs1,584 MCFMay 2025
GN-Njos- 159-98-2635H-1Williams County, ND386 BBLs996 MCFMay 2025
Hay Farms 14B-20HNDivide County, ND296 BBLs662 MCFMay 2025
Herland 14-12HDivide County, ND971 BBLs1,456 MCFMay 2025
Hoidahl 1-16HDivide County, ND377 BBLs841 MCFMay 2025
Jacobson 1Divide County, ND104,214 BBLs94,305 MCFMay 2025
Moe Trust 33-28-160-98H 1BPDivide County, ND286 BBLs502 MCFMay 2025
Nystuen 14Divide County, ND871 BBLs2,048 MCFMay 2025
Rogers 1Divide County, ND877 BBLs360 MCFMay 2025
SchilkeWilliams County, ND1,571 BBLs3,687 MCFMay 2025
Selmer 1-35HDivide County, ND504 BBLs585 MCFMay 2025
Turbodiesel 19-30-31Williams County, ND76,920 BBLs70,012 MCFMay 2025
W Nystuen 159-98-15-9-4-2H3Williams County, ND363 BBLs388 MCFMay 2025
WildroseDivide County, ND6 BBLs0 MCFMay 2025
Wildrose 159-9Williams County, ND822 BBLs600 MCFMay 2025
Wildrose 159-98-15-10-3-3H3Williams County, ND438 BBLs505 MCFMay 2025

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